Binance Co-Founder CZ Moves to Dismiss $1.8B FTX Lawsuit (Report)
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over…
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FTX to Start Next Creditor Payout in September Following Court Approval
Defunct crypto exchange FTX has announced that it will start distributing the next batch of creditor claims on September 30. This is after the bankruptcy court granted permission for it…
FTX Wants to Block Claims from 49 Countries, Including China: Users Rage
Bankrupt crypto exchange FTX is asking the court to greenlight a plan that could potentially deny billions in creditor repayments to users in 49 countries where crypto faces legal restrictions.…
FTX Creditors Receive 120% Payouts on Small Claims, Partial on Large Claims
FTX’s creditor repayments are progressing almost three years after its collapse. New details have emerged, which reveal that smaller claims are receiving 120% payouts and larger ones are paid 72.5%…
Shaquille O’Neal Agrees to $1.8M Settlement Over FTX Endorsement Lawsuit
Shaquille O’Neal has agreed to pay $1.8 million to resolve allegations tied to his promotion of the now-defunct cryptocurrency exchange FTX, marking a rare celebrity settlement in the wider legal…
Bitcoin’s Realized Capitalization Hits Record $906B – Is a Bull Run Brewing?
Bitcoin has set a new milestone in on-chain metrics. Its Realized Capitalization has reached a fresh high of $906.04 billion for the fourth consecutive week. This metric reflects the total…
FTX Creditors to Receive Over $5B Starting May 30
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as…
FTX Sues NFT Stars and Delysium Over Undelivered Tokens
FTX has initiated legal proceedings against NFT Stars Limited and Delysium, seeking to recover digital assets allegedly withheld from its estate. The lawsuits are the latest in its ongoing efforts…
FTX Founder SBF Moves to Calmer Terminal Island Facility After Notorious Victorville Stint
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, has been transferred to a new federal prison following his stint in one of the country’s most notorious facilities. The 33-year-old,…
Disgraced FTX Founder SBF Transferred to Notorious Victorville Prison in California
Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has been transferred to a federal prison in Victorville, California, according to updated information from the Federal Bureau of…