Finance
Backpack Starts Customer Claims Process for FTX EU
Backpack, which acquired FTX EU for $32.7 million in January, prompts customers to initiate KYC verification as part of the claims process.
Finance
FTX to Commence $11.4 Billion Creditor Payments in May Following Extended Bankruptcy Process
FTX has announced it will start payments to its primary creditors on May 30, almost three years after its collapse, with $11.4 billion in cash ready for distribution.
News
Inside the Life of Sam Bankman-Fried in Prison: The Company He Keeps
An inside look at Sam Bankman-Fried's prison life and the implications of his recent unauthorized interview.
Finance
Delaware Court Permits Three Arrows Capital to Boost Claim Against FTX to $1.53 Billion
A significant court ruling allows Three Arrows Capital to increase its claim against the defunct crypto exchange FTX, complicating the ongoing liquidation process.
Altcoins
Three Arrows Capital Increases FTX Bankruptcy Claim to $1.53 Billion Following Court Approval
Three Arrows Capital successfully expanded its bankruptcy claim against FTX from $120 million to $1.53 billion after a court ruling.
Investment
Bitcoin's Future Outlook Amid Market Fluctuations
Despite recent setbacks in the cryptocurrency market, there are opportunities for long-term bitcoin investors to enhance their holdings.
Finance
Sam Bankman-Fried's Latest Media Appearances Focus on Republican Ties
The former FTX CEO discusses his connections with the Republican Party ahead of his legal consequences.
Altcoins
Sam Bankman-Fried Addresses Pardon Speculations from Prison Ahead of Birthday
Sam Bankman-Fried shares insights on his time in prison and political views in a rare interview as he approaches his 33rd birthday.
Finance
FTX Token Experiences Brief Surge Following Sam Bankman-Fried's First Tweets in Two Years
The FTX token saw a temporary increase after Sam Bankman-Fried, currently serving a prison sentence, tweeted for the first time in two years, discussing layoffs and employee management.
Crypto News
Solana Faces Severe Decline: What Lies Ahead After a 40% Drop?
The sentiment around Solana has plummeted with its recent significant price drop. Investors are concerned about its future amidst critical market events.
Finance
Court Reveals $1 Billion Worth of Assets Forfeited by Sam Bankman-Fried
A federal court has detailed the extensive assets forfeited by Sam Bankman-Fried, including $606 million in Robinhood shares and two private jets.
Finance
FTX Begins $1.2 Billion Payouts to Creditors
The payout process for creditors of the collapsed cryptocurrency exchange FTX is now underway, with initial distributions starting in U.S. dollars.
Finance
AI Fraudster Allegedly Scammed Firms Out of Millions in FTX Claims
An investigation reveals that a shadowy figure may have used AI to deceive trading firms in the FTX liquidation process, stealing over $5 million.
Finance
Crypto Daybook Americas: Effects of LIBRA Crisis on Cryptocurrency Market Amid FTX Payments
An overview of the current cryptocurrency landscape, detailing the impacts of the LIBRA controversy and FTX's repayment program.
Crypto
Impact of Upcoming Events on Crypto Markets
Key events this week may influence Bitcoin's price action and crypto market dynamics.
Legal News
FTX Victims Call for Justice as Parents Seek Pardon for Sam Bankman-Fried
The plight of FTX victims intensifies as Sam Bankman-Fried’s parents engage with Donald Trump’s team in hopes of securing their son's release from prison.
Crypto News
Parents of Sam Bankman-Fried Pursue Legal Options for Presidential Clemency
The parents of imprisoned FTX founder Sam Bankman-Fried are actively seeking a presidential pardon, consulting with legal experts and those connected to the Trump administration.
Finance
FTX's Bankruptcy Estate Challenges Backpack Exchange's Acquisition
The FTX bankruptcy estate has disputed Backpack Exchange's unauthorized acquisition of FTX EU, asserting it has not approved distribution of funds to FTX customers.
Finance
Backpack Exchange Acquires FTX's European Division Amid Crypto Market Expansion
Backpack Exchange has purchased FTX's bankrupt European arm for $32.7 million, positioning itself as a regulated provider of crypto derivatives in Europe.
Policy
Gary Wang, Ex-CTO of FTX, Avoids Prison Sentence Following Cooperation
Gary Wang, former CTO of FTX, was granted leniency by a judge for his extensive assistance in the trial of Sam Bankman-Fried, escaping a prison sentence.
