FTX will begin repayments on February 18, prioritizing Bahamas-based creditors with verified BitGo accounts. Settling FTX debts may stabilize affected crypto assets like FTT, SOL, and BTC.
FTX was one of the newer cryptocurrency platforms which have become wildly popular in 2021, with some pegging it as a key competitor to Coinbase in the retail investor market. Sam Bankman-Fried and ...
A veteran prosecutor who helped convict crypto fraudster Sam Bankman-Fried has been named acting Manhattan US Attorney — inheriting Mayor Eric Adams’ corruption case and other high-profile ...
This level hasn’t been seen since August 2022, ahead of the collapse of FTX, whose co-founder Sam Bankman-Fried was a major Solana proponent. Total value locked on Solana (DeFiLlama) The launch ...
Adding to the positive outlook, the bankrupt FTX exchange is preparing to repay over $1.2 billion to its users after Trump’s inauguration, which is seen as a significant liquidity event for the ...
A member of the Ontario Teachers’ Pension Plan (OTPP) has filed a lawsuit against the pension plan alleging that the board did not conduct proper due diligence when investing US$95 million in the now ...
Update 11:00 am UTC: This article has been updated to include quotes from Philipp Zentner. FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency ...
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