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FTX has announced that the record date for the next planned distribution to creditors is August 15. This decision comes after the reduction of the reserve for disputed claims, following rulings that disallowed over $10 billion of claims from Genesis, Celsius, and Voyager.As a result of these rulings…
FTX’s native token, FTT, surged around 43% to $1.3 on Saturday following false reports that Sam Bankman-Fried received a pardon from President Donald Trump.No evidence of a pardon for Bankman-Fried appears on the Justice Department's website of clemency grants from President Trump.Several crypto ind…
Court: S.D. Florida Case: 1:23-md-03076FTX ($FTT) agreed to settle claims that it misled investors by concealing major financial issues, conflicts of interest, and regulatory investigations — contributing to one of the largest collapses in crypto history.This settlement presents a great opportunity …
The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion.Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (S…
Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140. FTX Token (FTT) was…
The crypto market has had an eventful few days, with two tokens grabbing the spotlight for very different reasons. FTX Token (FTT) shot up by over 110% on rumors of a potential $16 billion repayment to FTX creditors. At the same time, Pepe Unchained (PEPU) has also caught the community’s attention –…
A surge in sentiment and trading volume has led to a sudden shift in FTT, breaking the $2 barrier. Will… The post FTT Soars Nearly 60% Amid $16B Repayment Rumors, Targets $2.76 first appeared on The Crypto Basic.