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Exchange News

FTX Starts Repaying Creditors After Two-Year Wait

FTX will repay creditors $14.7-16.5 billion under a Chapter 11 deal. The company will settle smaller claims under $50,000 within 60 days. FTX is...
Exchange News

FTX Announces January 2025 as Effective Date for Reorganization...

FTX announces its Chapter 11 plan's effective date as January 3, 2025, with BitGo and Kraken assisting in customer recovery. FTX, the cryptocurrency exchange once...
Bitcoin News

US Government Shuffles FTX Funds Amid Bitcoin Moves

US shifted $33.6M in seized crypto to anonymous wallets from FTX cases. FTX repayment notifications continue to feed altcoin's upward momentum. Altcoins are having...
News

Three Arrows Capital Has Filed to Increase Its FTX...

3AC has increased its $120 million claims from FTX to $1.5 billion over a liquidation made by the defunct exchange two weeks before the...
Exchange News

FTX Bankruptcy Estate Going After Binance for $1.8 Billion

FTX is going after Binance for nearly $1.8 billion in damages caused due to a fraudulent transaction and CZ’s efforts to drive it into...
Exchange News

FTX Bankruptcy Estate Goes After Skybridge Capital and Founder...

FTX filed suit against Skybridge Capital and Anthony Scaramucci for accepting investments from the exchange in 2022 and breaking the contracts. The FTX bankruptcy estate...
Exchange News

FTX Asks Crypto.com to Release $11 Million From Alameda...

FTX’s sister firm, Alameda Research wants, $11.4 million locked in a Crypto.com account to be released. Defunct exchange FTX’s sister firm Alameda Research wants Crypto.com...
Exchange News

CySEC Extends Suspension of FTX Europe Until May 2025

CySEC extends FTX Europe's suspension until May 2025, halting trading and new business while the company regains compliance. In a significant development, the Cyprus Securities...
News

Former FTX Executive Released Without Jail Time

Nishad Singh was given time served by a federal judge, allowing him to walk free from prison. The defunct exchange FTX’s former engineering head, Nishad...
Exchange News

FTX Reaches $228M Settlement with Bybit Exchange

FTX agrees to a $228M settlement with Bybit to recover assets. A hearing to formalize the agreement has been scheduled for November 20,...
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