Creditors of the failed FTX exchange may receive only 9% to 46% of their original crypto value, as repayments are pegged to 2022 dollar prices. The surge in Bitcoin, Ethereum, and Solana since FTX’s ...
Sam Bankman-Fried’s X account posted a link to a document on late Thursday claiming that the FTX exchange “was never insolvent,” and that bankruptcy attorneys, not bad balance sheets, were to blame ...
Sam Bankman-Fried and his team continue to defend themselves. SBF’s X account posted a long document on Thursday claiming the exchange wasn’t actually insolvent. FTT has decoupled from broader dips ...
FTX estate now holds about $136B, covering crypto, equity, and cash, based on court documents and new valuations. About 98% of creditors have received 120% repayment, with final payouts expected to ...
The defunct FTX exchange’s native token decoupled from prevailing market bearishness after a swift surge in the past few hours. FTT’s price gained approximately 60% within minutes as it climbed to ...
The altcoin rallied as the simple post sparked market frenzy. That’s one of SBF’s rare public interactions since his legal woes started. FTT exhibits significant volatility amid wild price actions.
The FTX Bankruptcy Trust filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets. The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm ...
FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange's implosion nearly three years ago.
FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens re-enter circulation. As of Sept. 18, the token traded at around $0.93, up more ...
Disgruntled customers of the now-defunct crypto exchange FTX have proposed amending their lawsuit against Fenwick & West, the exchange’s former legal adviser, citing new evidence that the firm played ...
FTX investors have filed a lawsuit against Silicon Valley law firm Fenwick & West, accusing it of being “deeply intertwined” in the crypto exchange’s collapse. Of 130 firms that worked with FTX named ...