Major FTX revival bids have been rejected by bankruptcy lawyers, casting uncertainty over the future of the cryptocurrency exchange. Three potential bidders – including Tribe Capital, Bullish, and […]
Shocking: Billions in Lost Value Amidst FTX Blockbuster Bid Blockages
A dramatic new development in the FTX saga has emerged, exposing a shocking story of blocked billion-dollar rescue bids and legal obstruction that could significantly impact creditor recovery […]
FTX Distributes $7.1 Billion: Next Payout Set for 2026
FTX has initiated a three-round distribution of approximately $7.1 billion to creditors, with the fourth payout planned for January 2026. This ongoing process aims to rebuild trust in […]
FTX Creditor Payments Surge as Distribution Rounds Near Completion
Despite the lengthy bankruptcy process, the FTX creditor repayment effort is gaining momentum. With a total of $7.1 billion distributed across three rounds, the exchange’s representative Sunil Kavuri […]
FTX Withdraws Motion to Limit Foreign Payments
The FTX Recovery Trust has withdrawn a motion aimed at restricting customer repayments in certain countries, including China, after facing pushback from the court. The move marks a […]
Bittrex Bankruptcy Sparks Concerns Over $500M Suspicious Transactions
Bittrex’s bankruptcy filing has highlighted a concerning issue: over $500 million in suspicious transactions, involving potentially manipulated records and thousands of duplicate withdrawals. This raises questions about creditor […]
Bittrex Bankruptcy Sparks Concerns Over $500M Suspicious Transactions
Bittrex’s bankruptcy filing, which occurred in November 2025, has revealed a staggering $500 million in suspicious transactions. This raises serious concerns about the exchange’s operational transparency, with the […]
FTX Solvency Dispute Erupts Amidst Bankruptcy Chaos
The bankruptcy proceedings surrounding FTX continue to be marked by legal disputes over the exchange’s solvency. FTX’s former CEO, Sam Bankman-Fried, insists that the company was never insolvent, […]
FTX Bankruptcy: Recovery Trust Drops Bid to Restrict Foreign Payouts
The FTX bankruptcy process has taken a significant step forward with the withdrawal of a motion aimed at limiting creditor disbursements in certain foreign countries. The FTX Recovery […]
FTX Drops ‘Restricted Countries’ Motion, But Withdrawal Leaves Uncertainty for Creditors
The bankruptcy estate of the failed cryptocurrency exchange FTX has withdrawn its motion to restrict creditor payouts in certain countries. The FTX Recovery Trust initially sought court approval […]
FTX Remains Solvent: $8 Billion Surplus After Repayment
Despite its bankruptcy filing, cryptocurrency exchange FTX has emerged with a significant remaining surplus. Initial analysis suggests that around $8 billion in assets remain after covering claims and […]
Sam Bankman-Fried Disputes FTX’s Bankruptcy Claim, Argue for Customer Reimbursement
Sam Bankman-Fried, founder of bankrupt cryptocurrency exchange FTX, refutes claims of bankruptcy and asserts customer funds remain secure. He states the reported $8 billion shortfall at the time […]
SBF Disputes Bankruptcy Claim, States FTX Remained Solvent
Sam Bankman-Fried (SBF), former CEO of FTX, has vehemently contested the company’s bankruptcy filing, asserting that FTX was never truly insolvent. He claims legal counsel orchestrated the Chapter […]
FTX Bankruptcy: SBF Claims Rebuttal Sparks Controversy
Sam Bankman-Fried, FTX’s former CEO, has challenged the bankruptcy claims surrounding the exchange, asserting that all creditors will be repaid despite the 2022 liquidity crisis. This assertion comes […]
Kadena Bankruptcy Sparks Aftermath of $20 Billion Crypto Liquidation
The cryptocurrency world is reeling from the news of Kadena’s bankruptcy, a consequence of the massive $20 billion market crash that has shaken the industry. This significant development […]