LayerZero CEO Confirms FTX Estate Settlement
Just before its collapse, LayerZero resolved its dispute with the FTX estate regarding its agreement with Alameda. The price of ZRO has…
FTX To Start $1.2B Creditor Payouts
A large share of FTX repayments may return to crypto, driven by the market’s strong growth prospects for 2025. FTX is in the process of…
Expert Sunil Kauveri Announces FTX Repayment Dates
FTX Repayments: Expert Sunil Kauveri examines the debtor’s anticipated first repayment date and initial distribution schedule by the…
Celsius To Appeal FTX Claim Denial
Celsius appeals Judge Dorsey’s order dismissing its claims for damages against FTX, citing procedural shortcomings in the bankruptcy case.…
FTX Secures $14.5M in Political Donation Settlements
Political organizations return millions of dollars as FTX pursues the recovery of assets from Bankman-Fried’s extensive influence…
FTX Reorganization Set for January 2025
FTX’s reorganization plan is set to begin in January 2025, enabling creditor and customer distributions. The exchange will finalize…
Bankman-Fried Returns Amid Scrutiny
Sam Bankman-Fried makes a notable return, drawing renewed attention amid ongoing legal and regulatory scrutiny surrounding his financial…
FTX Sues Binance, Ex-CEO for $1.8B
Binance and its former CEO Changpeng Zhao are being sued by the collapsed cryptocurrency company FTX The lawsuit alleges that $1.8 billion was…
FTX Ex-Chief Engineer Nishad Singh Avoids Prison
Nishad Singh, a former executive of FTX, was spared prison time following his conviction by a federal magistrate in Manhattan, where Singh has…
FTX CEO Wants Nishad Singh Free to Aid Bankruptcy Case
FTX CEO John Ray stated that Nishad Singh’s cooperation in the bankruptcy process is “crucial to maximize recovery” for…
Nishad Singh Asks for Lighter Sentence in FTX Case
Nishad Singh, the former executive of FTX, is said to have cooperated with the investigation and requested a reduced sentence in the FTX case.…
Olympus Peak Faces Accusation by FTX Customer
Hedge fund Olympus Peak is facing an accusation by an FTX customer, Nikolas Gierczyk, who claims the firm owes him over $1 million. The crypto…
FTX Bankruptcy Plan Gets Solid Creditor Backing
The bankruptcy plan of FTX has garnered substantial support from creditors, paving the way for the distribution of $6.83 billion to crypto…
FTX Holders to Recover 10-25%
In a last-minute move, the collapsed crypto exchange FTX has altered its compensation plans, allocating only 10–25% of the funds to FTX crypto…
Caroline Ellison Gets Two Years for FTX Fraud
Caroline Ellison, the former CEO of Alameda Research, has been sentenced to two years in prison for her involvement in the collapse of the…
Caroline Ellison Seeks No Jail Time in FTX Collapse
Caroline Ellison, the former CEO of Alameda Research, is requesting leniency in her sentences for her role in the collapse of FTX. Her legal…
FTX Settles $600M Robinhood Shares Dispute
In return for the company waiving its claims on up to $600m in cash and Robinhood shares, FTX debtors will pay Emergent $14m to cover…
Yield App Folds After Crypto Losses Tied to FTX Collapse
Yield App suspends operations despite prior guarantees of no appreciable impact, alleging losses from FTX exposure. The cryptocurrency…
Bybit is 2nd Largest Exchange Worldwide as FTX Crashes
The popular crypto exchange Bybit is 2nd largest in the world following the fall of FTX due to some fraudulent activities. Bybit’s coup…
FTX Creditors to Vote: Cash or Crypto?
FTX has court clearance to ask creditors if they want their recovered funds in cash under its liquidation plan or in bitcoin at market value…