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FTX to Begin $16B Repayment to Creditors in Q4-2024
This significant development marks a crucial step in the ongoing recovery process following the company’s high-profile bankruptcy.
It aims to address the substantial financial...
FTX and Alameda Ordered to Pay $12.7B to Creditors
This decision marks the conclusion of a protracted 20-month lawsuit initiated by the Commodity Futures Trading Commission (CFTC).
The order was finalized on Wednesday...
FTX Set to Fully Refund Most Customers Post-Collapse
CNBC reports that FTX plans to refund nearly all users impacted by last year's financial crisis.
This news comes as a relief to many who...
FTX Sells $1.6B in Locked $SOL to Top Crypto VCs
The sale occurred at $64 per $SOL token, involving major crypto VCs, Pantera Capital and Galaxy Digital. This was a strategic move.
Under the...
Pantera Capital Eyes $250M $SOL Buy from FTX
The firm is raising funds to buy $250M of $SOL from bankrupt FTX at a potential 39% discount.
This initiative shows Pantera Capital's belief in...
US Authorities Charge 3 People Linked With $400m FTX Attack
Three were charged by the US Justice Department for attempting a SIM-swap theft of $400 million from FTX, per last week's court indictment.
The indictment...
FTX to Repay Customers, Won’t Restart Exchange
This decision comes after a tumultuous period marked by financial instability and managerial controversies. Particularly under the leadership of its former CEO, Sam Bankman-Fried....
FTX May Be Relaunched, Would You Trust It Again?
This statement is significant because it suggests that the SEC is open to the possibility of FTX continuing to operate.
Even after the collapse...
The State Of Solana Post FTX Collapse
The collapse of FTX and its associated entity, Alameda Research, delivered a substantial blow to Solana's ecosystem.
Alameda, a prominent early participant in Solana, held...
Where Would We Be Now if the FTX Scandal Had Not Happened?
One such pivotal moment is the hypothetical scenario where the FTX scandal never occurred. FTX, a prominent cryptocurrency exchange, was embroiled in a scandal...