Bankrupt cryptocurrency exchange FTX is facing fresh scrutiny from users fighting for at least $2.2 billion worth of disputed claims still pending approval, with numerous creditors continuing to struggle to get their repayments approved.The FTX Recov

Backpack, the crypto exchange that acquired the European unit of FTX, has started the process of distributing claims to affected FTX EU customers. According to yesterday’s (Tuesday’s) announcement, the new owner is asking former FTX EU customers to c

Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex. In a March 12 notice, the CBI said police in the Indian

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market remains directionless, with bitcoin languishing below $100,000 before the U.S. jobs report. It's surprising prices have not yet crossed that threshold, especially after Pres

FTX Digital Markets, the Bahamian arm of FTX, will begin repaying creditors who lost access to their funds when the cryptocurrency exchange collapsed in November 2022.According to a Feb. 4 X post from FTX creditor Sunil Kavuri, FTX Digital Markets wi