The cryptocurrency market is grappling with bearish sentiment amidst economic uncertainty, and the bankrupt crypto exchange FTX continues to impact trading activity. The latest move from FTX saw […]
Justin Sun Alleges Mismanagement of $500 Million in First Digital Trust Case
In a significant development concerning the First Digital Trust (FDT), Justin Sun, founder of TRON, has launched allegations of misconduct valued at $500 million. Sun claims that funds […]
FTX Repayment Verification Deadline Approaching – Claims to be Reviewed
The clock is ticking for FTX creditors and customers as the deadline for claim verification approaches on April 11, 2025. The process has reached its final stage, with […]
FTX Sues Sam Bankman-Fried Over Asset Recovery, Sparking Concerns About Crypto Stability
In a move aimed at recovering losses stemming from FTX’s financial difficulties, the company has filed a lawsuit against its former CEO, Sam Bankman-Fried. The action was initiated […]
Nearly 400,000 FTX Clients Face Potential Loss of $2.5 Billion Due to KYC Delays
Court documents reveal that over 392,000 FTX creditors have not yet completed the necessary Know Your Customer (KYC) process, jeopardizing their claims for potential reimbursements. The initial deadline […]
FTX Dismisses $2.5 Billion in Claims Due to KYC Non-Compliance
FTX has disqualified $2.5 billion in customer claims following a missed Know Your Customer (KYC) compliance deadline, impacting individuals and the wider crypto market. This decision highlights the […]
Sun Criticizes First Digital Trust Crisis, Claims It’s Worse Than FTX
Crypto industry veteran Justin Sun has issued a stark warning about the potential impact of the First Digital Trust crisis, comparing its severity to the infamous FTX collapse. […]
Justin Sun Calls First Digital Trust Scandal ‘Worse Than FTX’ – Crypto World on High Alert
The cryptocurrency community faces a new wave of potential scandal with the emergence of accusations against Hong Kong-based First Digital Trust (FDT). Tron founder Justin Sun has characterized […]
400,000 FTX Investors Face Risk of Losing $2.5 Billion Due to KYC Failure
The collapse of cryptocurrency exchange FTX continues to impact thousands of investors. Nearly 400,000 individuals who did not complete the Know Your Customer (KYC) verification process before March […]
FTX Excluding $2.5 Billion in Customer Claims Amid Ongoing Repayment Process
FTX’s bankruptcy estate has announced it will not process claims from customers who did not complete their Know-Your-Customer (KYC) verification by the March 3 deadline. The decision affects […]
Justin Sun Accuses First Digital Trust of Misappropriating $500 Million, Outweighing FTX Scandal
Tron founder Justin Sun has accused First Digital Trust (FDT) of misappropriation, alleging that the company diverted nearly $500 million in funds in Hong Kong. This accusation carries […]
FTX KYC Deadline Extended: Over 400,000 Users Face Potential Loss of $2.5 Billion
More than 400,000 creditors of the bankrupt crypto exchange FTX are at risk of losing a combined $2.5 billion in repayments if they don’t complete KYC verification by […]
FTX User KYC Deadline Looms: Nearly 400,000 Risk Losing $2.5 Billion
The failure of over 392,000 FTX creditors to complete or initiate KYC verification has resulted in the potential loss of nearly $2.5 billion in repayments according to court […]
FTX Dismantles Over $2.5 Billion in Claims Due to KYC Noncompliance
FTX has disqualified nearly 400,000 customer claims worth over $2.5 billion due to failure to verify identities through the Know-Your-Customer (KYC) process. The exchange’s action affects creditors with […]
FTX Rejects Claims From Over 392,000 Users After KYC Deadline Missed
Over 392,000 former FTX users have had their claims for recovery rejected after missing a crucial deadline to verify their identities. According to court filings, these individuals failed […]