Following the recent bankruptcy filing of FTX, statements about payment distribution to creditors have been released. Sunil X, a representative for the exchange’s creditors, confirmed that three rounds […]
FTX Estate Achieves Historic $7.1 Billion Repayment, Signaling Recovery Possibilities in Crypto
In a groundbreaking turn of events, the FTX estate has successfully repaid over $7 billion to creditors, exceeding initial expectations and offering a hopeful glimpse into the potential […]
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The FTX Recovery Trust has withdrawn a motion aimed at restricting customer repayments in certain countries, including China, after facing pushback from the court.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 […]
FTX to Begin Fourth Repayment Round in January 2026
FTX is gearing up for its fourth creditor repayment round, scheduled for January 2026. Eligibility determination for this round will be completed by December 2025. The process, spearheaded […]
FTX to Pay $7.1 Billion in Creditor Repayments by 2025
FTX has announced a comprehensive repayment plan totaling $7.1 billion for creditors, set to be disbursed between now and 2025. Led by Sunil Kavuri, FTX’s creditor representative, the […]
FTX Founder Accused of Bribing Chinese Authorities for Funds
Sam Bankman-Fried, the former cryptocurrency billionaire, faces new accusations related to his alleged attempt to free $1 billion in frozen crypto from Chinese exchanges. Blockchain investigator ZachXBT has […]
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, […]
SBF’s Legal Team Challenges FTX Fraud Conviction
Sam Bankman-Fried’s legal team is seeking a new trial in his landmark 2023 fraud conviction for the collapsed cryptocurrency exchange, FTX. Lawyers will appeal to the 2nd U.S. […]
FTX Collapse: SBF Appeals Conviction, Alleges Bias in Trial
Sam Bankman-Fried (SBF), convicted on charges of orchestrating the collapse of cryptocurrency exchange FTX, has appealed his verdict, citing bias from the judge and alleged misconduct during the […]
SBF Appeals Conviction, Argue He Was Presumed Guilty
Sam Bankman-Fried (SBF), the former CEO of the now-defunct cryptocurrency exchange FTX, is appealing his conviction. His legal team claims that SBF was unfairly convicted due to a […]
Sam Bankman-Fried Appeals Fraud Conviction, Seeking to Overturn 25-Year Sentence
Nearly two years after the collapse of cryptocurrency exchange FTX sent shockwaves through the digital asset industry, Sam Bankman-Fried, its founder, is back in court. He’s appealing his […]
Sam Bankman-Fried Defends FTX’s Collapse, Blaming Lawyers for $100B Loss
After the dramatic collapse of FTX, Sam Bankman-Fried is back in the spotlight, attempting to rewrite the narrative surrounding his exchange’s downfall. In a recent statement shared on […]
FTX Withdraws Motion to Limit Repayments in Restricted Jurisdictions
In a significant development in the FTX bankruptcy case, the company has withdrawn its motion to limit repayments for customers in certain restricted jurisdictions. This decision follows opposition […]
FTX Creditors Get Relief: Restrictions Lifted in 49 Countries
A significant breakthrough has emerged for FTX creditors globally, as the FTX Recovery Trust has removed restrictions limiting repayments to specific countries. Previously, a plan to restrict payments […]
FTX Scraps Plan to Block Customer Repayments in 49 Nations
Collapsed cryptocurrency exchange FTX has dropped its controversial plan to block repayment payments to customers in 49 countries, including those in China, Ukraine, Pakistan, and Russia. This decision […]