Crypto News Today
The FTX bankrupt team ends in a huge claim made by the collapsed hedge fund three capital shares, known as 3AC. The claim of $ 1.53 billion, according to the FTX legal report, is not only exaggerated, but also based on defective assumptions and mismanagement of risk by 3AC itself. In court documents, FTX argues … Read more
In the fast world of digital assets, large value movements always focus attention. Recently, great Soul transfer The lights again repeated the remains of the cryptocurrency that has now ended, FTX. Specifically, approximately 252,847 Sol icon, at a value of $ 39.72 million on the basis FTX is a cold wallet. This important deal, which … Read more
The FTX Trading Ltd. And the FTX Recovery Trust now has announced that they will distribute more than $ 5 billion to the right creditors starting May 30, 2025, as part of the second payout under the plan of losses in its losses. Payments, tied to the FTX repair plan, will provide appropriate creditors with … Read more
More than 5 billion dollars will be distributed to the FTX creditors of the Extrast Crypto Exchange in the coming weeks, where the next wave of compensation is made on May 30, according to the FTX Recovery Trust statement yesterday (May 15). The next May 30 distributions are the second phase of the FTX ESTATE … Read more
Recent surveys reveal that 79 % of FTX creditors intend to re -invest them in cryptocurrencies, especially Solana. Despite this optimistic outlook, reconnaissance standards raises concerns about its real representation of the broader rule of creditors. “The clear tendency of creditors towards Solana can distort perceptions, which makes it difficult to measure the attention of … Read more
Sam Bankman Fried (SBF), the founder of FTX, was sentenced to 25 years of prison for fraud. His parents explored the possibility of ensuring a forgiveness for the son of the President of the United States Donald Trump. According to reports, they met lawyers and individuals during Trump’s admission to discuss clemency. Trump has granted … Read more
Bankrupt cryptocurrency exchange FTX has denied allegations that cryptocurrency exchange Backpack has acquired its European subsidiary FTX EU. FTX said the deal has not been approved by the U.S. Bankruptcy Court in Delaware. Backpack announced on January 7, 2025 that it had acquired FTX EU as part of a court-approved bankruptcy process. Backpack claimed that … Read more
The FTX saga continues to dominate the headlines, with updates shedding light on the controversial collapse of one of the most prominent cryptocurrency exchanges. The latest part focuses on a heated dispute between John Deaton, a prominent pro-XRP lawyer and advocate, and the disgraced founder of FTX, Sam Bankman-Fried (SBF). The dispute goes beyond the … Read more
Alameda Research has transferred $64.4 million worth of BIT tokens to Mirana Ventures. FTX liquidator transferred nearly $2 million worth of RAY tokens to Binance. The US government transferred millions of FTX/Alameda tokens to two wallets. Alameda Research has just transferred 72.6 million BitDAO (BIT) tokens — roughly $64.4 million — to Mirana Ventures. Alameda … Read more