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 […]
FTX Creditors Set for $5 Billion Distribution, As Repayments Continue
Over $5 billion in funds is slated for distribution to FTX creditors starting May 30th as part of the ongoing repayment process. The second disbursement follows an initial […]
FTX to Distribute $5 Billion in Creditor Payments by May 2025
FTX has unveiled plans for a significant distribution of funds to creditors, aiming to settle over $5 billion by May 2025. John J. Ray III, the firm’s bankruptcy […]
FTX Plans $5 Billion Payout to Creditors by May 2025
FTX is set to distribute a substantial $5 billion to its creditors by May 2025, marking progress in the company’s recovery after one of cryptocurrency’s biggest bankruptcies. The […]
FTX Announces $5 Billion Repayment Plan for Creditors in May
After a lengthy period of uncertainty, FTX has announced a new phase of repayment for creditors. On May 30th, the company will distribute over $5 billion dollars to […]
Could Bitcoin Explode in June? FTX Distributions and ETFs Fuel Optimism
Bitcoin prices have surged by over 25% since April, hitting near $106,000. Analysts at Matrixport see continued upward momentum, potentially reaching a new all-time high in the coming […]