In an interview on Unchained with Laura Shin, Ryan Salame, the former CEO of FTX Digital Markets, who started his seven-and-a-half year prison sentence Friday, pushed back on both charges to which he pleaded guilty, accused prosecutors of lying to hi
On Monday, a US bankruptcy court officially approved the liquidation plan for cryptocurrency exchange FTX, allowing the company to repay its customers using approximately $16 billion in recovered assets. This decision comes at a critical time for the
The potential reinvestment of $2.4 billion into crypto markets could bolster market confidence, but its gradual impact may temper immediate effects. The post $2.4 billion may re-enter crypto markets following FTX repayment, suggest analysts appeared
The court-approved FTX bankruptcy plan ensures $6.6 billion in repayments to creditors, despite some opposition on payout modalities. The approval closes a major chapter in FTXâs collapse, but uncertainty looms over the potential revival of the excha
FTX will use up to $16.5 billion to repay its customers at November 2022 prices
FTX's court approval allows billions in refunds to crypto investors. Refunds will be issued in stablecoins, encouraging new investments. Continue Reading:FTX Court Approval Opens Door for Billions in Crypto Returns The post FTX Court Approval Opens D
The FTX bankruptcy committee plans to auction locked WLD Tokens. Fed member Barkin emphasizes the ongoing struggle against inflation. Continue Reading:Recent Events Impact Cryptocurrency Markets and Fedâs Monetary Policy The post Recent Events Impact
Coinspeaker FTX Bankruptcy Plan Gains Overwhelming Creditor Support FTX's restructuring plan gains strong creditor backing, setting the stage for the distribution of $6.83 billion to impacted crypto traders and users. FTX Bankruptcy Plan Gains Overwh
About 94.48% of creditors in the "dotcom customer entitlement claims" class who returned ballots voted in favor of the reorganization plan.
FTT, the token of bankrupt FTX, rallies 50% today. Can it sustain gains in October? Plus, Crypto All-Stars' new "MemeVault" launches. #partnercontent
Crypto social media has been inundated with FUD (fear, uncertainty, and doubt) over what some are claiming are imminent FTX distributions, but there is no need to panic.
According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms.
A last-minute change to the FTX bankruptcy plan has surprised creditors, who reportedly voted overwhelmingly to approve the plan in August.
FTX crypto holders left disappointed with a projected recovery of just 10-25%.
The upcoming week could mark an important juncture for the cryptocurrency market, as the bankrupt derivatives exchange FTX repayments process begins â probably one of the most highly anticipated repayment processes. But, with nearly $16 billion set t
Sullivan & Cromwell LLP didn't ignore "red flags" about FTX when it was advising its CEO on buying Robinhood shares, a report found.
The ex-Alameda Research CEO faces time for her role in the collapse of FTX alongside past lover Sam Bankman-Fried. Here's what to expect.
Polymarket betters are predicting that former Alameda Research CEO Caroline Ellison will receive no prison time for her role in the FTX scandal ahead of her September 24 sentencing, a new poll on the prediction marketâs website reveals. Ellison testi
Polymarket traders are betting that former Alameda Research CEO Caroline Ellison would not serve time in prison. Hours before a judge was set to decide Ellisonâs fate, users on the decentralized prediction platform Polymarket wagered over $153,670 on
House of Representatives members brought up FTX, Donald Trumpâs token launch, and SEC Chair Gary Gensler at the âDazed and Confusedâ digital assets hearing.