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BitGo and Kraken begin distributing $5 billion in former FTX user payouts
The recent release of $5 billion to former FTX users by BitGo and Kraken could influence market liquidity and potentially affect the next phase of alternative cryptocurrency tradin...
Read Full Article →The FTX scandal is about to get a Netflix limited series from the Obamas production company
The upcoming eight-episode Netflix series will depict the collapse of a major cryptocurrency exchange, highlighting critical events that led to significant financial losses and reg...
Read Full Article →Binance asks court to toss FTX’s $1.76 billion clawback lawsuit
Binance is challenging a legal attempt by FTX to reclaim approximately $1.76 billion, arguing that the claim lacks sufficient legal basis and unfairly implicates its involvement in...
Read Full Article →FTX to begin $5 billion in creditor payouts May 30 under bankruptcy plan
Starting May 30, the insolvent cryptocurrency company FTX will initiate distributions exceeding $5 billion to its creditors through intermediaries, marking a significant step in it...
Read Full Article →FTX sold Alameda’s Anysphere stake for $200K — the AI firm is now worth $9 billion
FTX’s sale of Alameda’s share in Anysphere for $200,000 reflects a minimal return compared to the AI company’s recent $9 billion valuation after a substantial $900 million investme...
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