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FTX Halts Payouts in 49 Countries, China Hit Hardest

In 49 countries, FTX Recovery Trust halts reimbursements for legal reasons. China has 82% of limited claims, 5% of $16B. Creditors must oppose within 45 days...

Australian Exchange Swyftx to Acquire Caleb & Brown for...

Deal gives Swyftx access to $2B assets, wealthy U.S. client network. Acquisition follows Easy Crypto buy, lifts Swyftx user base to 1.1M. CEO...

$70M Committed to Boba Network as Foundation Concludes BOBA...

Grand Cayman, Cayman Islands, 1st July 2025, Chainwire

FTX Rejects 3AC’s $1.5B Claim Over Risky Trades

FTX rejects 3AC’s $1.5B claim as baseless.  3AC’s losses are tied to risky trading bets.  FTX liquidated $82M to protect the account. The FTX...

FTX Partners with Payoneer to Expand Customer Repayment Options

FTX partners with Payoneer to expand global crypto repayment options. Payoneer enables multi-currency payouts in 190+ countries for users. FTX adds Payoneer to...

FTX Begins Second Round of $5B Creditor Payments

FTX begins $5B creditor repayments under court-approved reorganization plan. Bitgo and Kraken facilitate the secure distribution of funds to claimants. Dotcom users receive...

FTX Set to Distribute $5B in Stablecoins to Creditors

FTX will provide investors $5B in stablecoins by May 2025. Total claims are $11.745M, with recoveries at 123%-138%. The 2022 asset valuations used...

Binance Urges Court to Dismiss $1.76 Billion FTX Lawsuit

Binance urges U.S. court to dismiss FTX’s $1.76B lawsuit. Binance blames FTX’s collapse on internal fraud, not interference. FTX claims Binance deal and...

FTX Moves to Recover Assets, Files Lawsuits Against NFT...

FTX sues NFT Stars and Delysium over undelivered crypto tokens. Company warns of more lawsuits against unresponsive token issuers. Cryptocurrency platform FTX has filed...

FTX Cancels Nearly 392,000 Customer Claims Over KYC Failure

FTX cancels 392,000 claims after KYC deadline passes, worth $2.5B It eliminates $2.5b claims due to KYC noncompliance The Exchange focuses on Unresolved...