Binance has taken legal action to dismiss a $1.76 billion lawsuit filed by the FTX Recovery Trust, representing the estate of the collapsed cryptocurrency exchange. The move comes […]
FTX Commences $5 Billion Creditor Repayment: Second Major Distribution Approaching
FTX is set to distribute over $5 billion in the second major creditor repayment from its bankruptcy fund, starting May 30, 2025. The plan involves releasing funds directly […]
Binance Seeks Dismissal of FTX Lawsuit Seeking $1.76 Billion in Cryptocurrency Clawback
In a Delaware bankruptcy court, Binance has filed a motion to dismiss FTX’s lawsuit seeking a $1.76 billion clawback over the 2021 stock buyback between the two companies. […]
Binance Challenges FTX Lawsuit for Dismissal of $1.76B Refund Demand
Binance has filed a motion to dismiss the $1.76 billion lawsuit against it by FTX, claiming the case lacks legal merit and that FTX’s collapse is not attributable […]
Binance Challenges FTX’s $1.76 Billion Lawsuit, Claims Fraud at the Root of Collapse
Binance has filed a motion to dismiss FTX’s $1.76 billion lawsuit alleging they are responsible for FTX’s collapse. Binance claims that the lawsuit lacks a legal and factual […]
Binance Refutes Role in FTX Collapse Following Controversial Tweet
Binance, following a controversial tweet by its founder and CEO Changpeng Zhao, issued a statement denying allegations that it sought to destabilize FTX. This tweet prompted investor distrust […]
Binance Seeks Dismissal of FTX Lawsuit, Blames SBF for Collapse
Binance has filed a motion in Delaware Bankruptcy Court to dismiss a lawsuit brought by the estate of FTX Trading Ltd., seeking $1.76 billion related to a 2021 […]
Binance Seeks Dismissal of $1.76B Lawsuit from FTX Bankruptcy Team
Binance, along with its former CEO Changpeng Zhao, filed a motion to dismiss the lawsuit brought against them by FTX’s bankruptcy team for $1.76 billion. The motion cites […]
Binance Disputes $1.76B FTX Clawback, Argues for Dismissal
Binance has filed a motion to dismiss a $1.76 billion clawback lawsuit brought by the FTX estate in Delaware bankruptcy court. Binance argues that the claims lack merit […]
Binance Seeks Dismissal of FTX Lawsuit, Argues Claims Unlawful
Binance has filed a motion to dismiss the $1.76 billion lawsuit brought against it by FTX, stemming from a 2021 share buyback deal involving Binance’s BNB tokens. The […]
FTX to Return $5 Billion to Creditors: Second Phase of Repayment Begins
The FTX Recovery Trust has announced plans to distribute over $5 billion in funds to creditors. These payments will begin on May 30th and are expected to take […]
FTX Starts Repayment for Creditors, Offering Up to 120% Returns
After filing for bankruptcy in November 2022, FTX’s recovery plan is now distributing over $5 billion to thousands of creditors. Starting May 30th, the payouts will be processed […]
FTX Creditors to Receive Over $5 Billion in Cash: A Major Milestone
After a tumultuous chapter, FTX creditors are set to receive over $5 billion in cash starting May 30th, 2025. This major payout is a result of the Chapter […]
Effective Altruism Under Fire: Is It Shifting to ‘China Hawks’ after FTX?
Following the dramatic collapse of FTX, a significant shakeup has occurred in the world of Effective Altruism (EA). Prominent tech investor and former White House advisor David Sacks […]
FTX to Distribute $5.4 Billion in Creditors’ Payouts, Starting May 30
Crypto exchange FTX is set to begin distributing over $5.4 billion to its creditors starting on May 30th. This follows court approval and asset recovery efforts, with the […]