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CryptoSlate • May 15, 2025

FTX creditors poised to receive $5B by May 30 in latest distribution round

The FTX Recovery Trust plans to allocate more than $5 billion to eligible claimants by May 30, marking a significant phase in the company’s bankruptcy reorganization process.

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CryptoSlate • May 12, 2025

FTX EU victims can now withdraw trapped Euros via Backpack but crypto withdrawals remain blocked

Former FTX EU users can now access their locked Euro funds through Backpack, indicating progress in financial recovery efforts, although the ability to withdraw cryptocurrencies is...

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CryptoSlate • May 06, 2025

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K

By liquidating its initial investment in Anysphere at a significantly lower valuation, the bankrupt exchange forfeited substantial potential revenue tied to the company's growth in...

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