FTX’s bankruptcy estate has begun selling its SOL tokens, with a recent unstaking of $31.5 million worth of Solana (SOL). Onchain analyst Ember_CN noted that these funds were […]
Shaquille O’Neal Pays $1.8M to Settle FTX Lawsuit
After years of legal back and forth, basketball icon Shaquille O’Neal has agreed to settle a class-action lawsuit regarding his promotion of the now-bankrupt cryptocurrency exchange FTX. The […]
Shaquille O’Neal Reaches $1.8 Million Settlement in FTX Lawsuit
Basketball icon Shaquille O’Neal has reached a significant agreement to settle claims brought against him stemming from his association with the collapsed cryptocurrency exchange, FTX. The settlement, which […]
FTX Faces Continued Claims Backlog as Repayment Process Stalls
Crypto exchange FTX is facing renewed pressure from users still awaiting payouts for $2.2 billion in disputed claims despite a second round of repayments initiated. The FTX Recovery […]
FTX Delays Repayments for Crypto Investors; Payoneer Chosen as Distribution Agent
Crypto exchange FTX, facing bankruptcy proceedings, has selected fintech platform Payoneer to handle distribution of funds to creditors. The announcement came with the addition of Payoneer to a […]
FTX Fights Back: Shaq Pays Settlement, Binance Rejects Billionaire Lawsuit
The fallout from the collapse of FTX continues to unfold with major legal and financial maneuvers underway. FTX is taking action across multiple fronts: securing customer repayment options, […]
Payoneer to Facilitate Repayment of Customer Funds from FTX
FTX, the embattled cryptocurrency exchange currently undergoing bankruptcy proceedings, has partnered with Payoneer to streamline the repayment process for its users. The alliance with FTX Recovery Trust and […]
Payoneer Onboard for FTX Customer Payments: Expanding the Repayment Network
FTX, the once-leading cryptocurrency exchange, is taking further steps to distribute funds to its customers following its recent bankruptcy. Payoneer, a global financial technology company, has been appointed […]
FTX Partners with Payoneer for Customer Refund Distribution
FTX has partnered with Payoneer, a leading payment distribution service provider, to distribute customer refunds in connection with the bankruptcy proceedings of the exchange. Payoneer will act as […]
FTX Appoints Payoneer as Third Asset Distributor in Rebound Effort
FTX has taken a significant step forward in its bankruptcy recovery efforts, appointing Payoneer as the third distributor for asset payouts to creditors. This follows the integration of […]
Fartcoin Rises 19% to Retake $1, but Momentum Remains Weak
Despite a strong surge of over 18%, Fartcoin’s price has stabilized around $1.04 after a brief climb during the Asian trading session. This recent spike follows a slow […]
FTX Launches $5 Billion Repayment Phase: Second Major Distribution
The FTX Recovery Trust, led by renowned bankruptcy expert John J. Ray III, has initiated the second phase of repayment for creditors. This distribution, totaling $5 billion, follows […]
FTX Begins Second Repayment Phase, Distributing $5 Billion to Creditors
FTX has initiated its second phase of repayment distribution to creditors, disbursing over $5 billion. This follows a previous smaller disbursement, with Kraken and BitGo playing key roles […]
FTX Disburses $5 Billion to Creditors in Second Repayment Phase
FTX has completed the second stage of its creditor repayment plan, distributing nearly $5 billion in funds to eligible creditors as of May 30, 2025. This payout was […]
FTX Launches $5 Billion Creditor Repayment Phase
FTX has initiated the second phase of its debt repayment plan, distributing over $5 billion to creditors. This follows the company’s filing for Chapter 11 bankruptcy in November […]