Finance News – Ftx
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‘What I did was wrong’: 33-year-old crypto mogul pleads guilty over $61 billion collapse
The downfall of a major cryptocurrency project contributed to widespread financial losses and regulatory scrutiny, highlighting vulnerabilities within the digital asset market valu...
Read Full Article →ETH at $4,400, ETH ETFS $1B DAILY INFLOWS, TOM LEE ACQUIRES 1.2M ETH
Significant capital continues flowing into Ethereum-related assets and blockchain ventures, highlighting increasing investor confidence and strategic acquisitions despite Bitcoin’s...
Read Full Article →ETH ETF INFLOWS ATH, CIRCLE & STRIPE PLAN L1S, CPI TODAY
Recent institutional investments have driven record inflows into Ethereum ETFs, while major financial firms expand blockchain initiatives and acquisitions, indicating growing confi...
Read Full Article →$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINS
Recent market movements highlight significant institutional activity and regulatory developments, reflecting growing interest and cautious positioning in cryptocurrencies amid ongo...
Read Full Article →ALTS HEAD LOWER, GOLDMAN SACHS TO TOKENISE FUNDS, TRUMP VISITS FED
Major financial institutions are advancing digital asset offerings through tokenized funds and crypto custody services while significant market movements and fundraising highlight...
Read Full Article →FTX to begin $1.9B payouts in September as claims no longer disputed
FTX plans to distribute approximately $1.9 billion starting in September, potentially including payments to regions previously under dispute, as creditors prepare updated claims fo...
Read Full Article →FTX to begin next creditor distribution on Sept. 30 after court frees $1.9B
Following the court’s release of $1.9 billion, FTX is scheduled to start its subsequent round of payments to creditors on September 30, marking further advancement in the ongoing b...
Read Full Article →FTX creditors to receive next round of payouts by Sept 30
The upcoming distribution scheduled for late September will provide eligible creditors with partial recovery of their claims as outlined in the approved restructuring plan.
Read Full Article →FTX to start next creditor payout on Sep. 30 with $1.9 billion granted by court
The court’s approval to lower the claims reserve by $1.9 billion enables FTX to begin releasing payments to creditors starting September 30, marking a key step in the bankruptcy pr...
Read Full Article →CRYPTO MARKET CAP TOPS $4T, XRP HITS ATH, ETH TREASURIES HEAT-UP
The cryptocurrency sector has reached a new valuation milestone, driven by record-breaking asset prices, significant institutional investments, and evolving regulatory support enha...
Read Full Article →Why FTX ruling on China payouts matters: Global precedent at stake
A US bankruptcy court's decision on restricting creditor payments to specific nations could influence international financial practices, as numerous objections from creditors acros...
Read Full Article →Backpack launches FTX debt marketplace for claim holders
Backpack introduced a platform that enables individuals owed by FTX to trade their outstanding claims with external investors, potentially improving liquidity and facilitating debt...
Read Full Article →Chinese creditors challenge FTX’s bid to block billions in payouts
A group of Chinese creditors has legally opposed FTX’s recent attempt to reduce or eliminate settlements in specific jurisdictions, potentially affecting the distribution of substa...
Read Full Article →Chinese creditors push back against FTX’s motion to forfeit payouts in restricted jurisdictions
FTX faces substantial financial challenges as creditor claims totaling $800 million span 49 countries, with a significant portion originating from China, impacting the distribution...
Read Full Article →Chinese creditor challenges FTX motion to halt payouts in restricted countries
A dispute involving a Chinese lender opposing the suspension of funds to specific regions introduces further complications to the ongoing financial proceedings surrounding FTX’s re...
Read Full Article →Over 500 Chinese creditors challenge FTX over $470M payout freeze
More than 500 lenders from China are disputing FTX’s attempt to postpone distribution of nearly $470 million, seeking legal intervention to address issues related to fairness and r...
Read Full Article →Satoshi stirs, FTX looks abroad, Brazil central bank hacked | Weekly Recap
Significant cryptocurrency transactions, international exchange developments, and a security breach at Brazil’s central bank highlight the evolving risks and opportunities shaping...
Read Full Article →Why FTX creditors in 49 countries may be cut from payouts
FTX’s proposed court-approved claims procedure may impact creditors located in multiple regions where cryptocurrency regulations limit or prohibit digital asset activities, potenti...
Read Full Article →FTX estate asks court to freeze payouts in ‘restricted’ countries
The financial impact involves potential delays or limitations on creditor payments in certain regions due to ambiguous legal rights and regulations surrounding cryptocurrency trans...
Read Full Article →FTX Recovery Trust says payouts may be forfeited in ‘restricted’ jurisdictions like China and Russia
The FTX Recovery Trust indicated that individuals in certain regions, such as China and Russia, might face limitations or loss of entitlement when receiving financial distributions...
Read Full Article →$70M Committed to Boba Network as Foundation Concludes BOBA Token Agreement with FTX Recovery Trust
An investment of $70 million has been allocated to Boba Network following the completion of a token agreement with the FTX Recovery Trust, indicating substantial financial support...
Read Full Article →US prosecutor intervenes in FTX-linked case, suggests resolution without trial
The involvement of a key US legal authority in the FTX-related matter indicates potential financial implications that could influence settlements and outcomes affecting both partie...
Read Full Article →Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020
The recent drop in Bitcoin deposits to Binance reflects a significant decline in user activity and could indicate changing market sentiment or reduced trading interest on the platf...
Read Full Article →FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
FTX’s legal representatives have challenged a $1.53 billion demand by Three Arrows Capital, arguing that honoring this claim could significantly reduce the recoverable assets avail...
Read Full Article →Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”
FTX, currently undergoing bankruptcy proceedings, disputes Three Arrows Capital’s revised $1.53 billion liquidation claim, which marks a substantial rise from the originally report...
Read Full Article →FTX seeks to block 3AC’s $1.5B claim, alleges self-inflicted losses
FTX’s bankruptcy proceedings involve a significant dispute as the estate challenges a $1.5 billion claim by Three Arrows Capital, highlighting complex financial losses linked to hi...
Read Full Article →FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’
FTX's legal team challenged Three Arrows Capital's $1.5 billion demand, contending that creditors should not bear responsibility for losses resulting from the firm’s high-risk inve...
Read Full Article →FTX lawyers say 3AC’s $1.5 billion claim ‘defies logic’ and should be tossed
FTX’s legal team argues that 3AC’s substantial financial demand lacks merit, asserting that the bankrupt entity holds no valid entitlement to funds within the ongoing insolvency pr...
Read Full Article →There’s more to crypto crime than meets the eye: What you need to know
Cryptocurrency-related offenses encompass complex technical challenges beyond well-known cases, significantly impacting financial markets and prompting regulatory bodies to develop...
Read Full Article →Pacific nation Nauru passes law to establish a crypto regulator
The new legislation in Nauru to create a cryptocurrency regulatory body marks a significant step in overseeing digital assets within a region previously linked to high-profile cryp...
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