FTX

Key Takeaways FTX’s Chapter 11 reorganization plan was approved by a US bankruptcy court on Monday. FTX creditors will receive 119% of approved claims in cash following court approval. Following…

FTX Token (FTT) has shown a remarkable 20.40% surge in the last 24 hours, reaching $2.40 in trading value. This sudden rise in FTT’s price can be attributed to the…

In a highly charged discussion on X, Justin Bons, the esteemed founder of Cyber Capital, made a bold accusation against Tether, branding it as the biggest fraud in the history…

Former Alameda Research CEO Caroline Ellison’s attorneys are advocating for a lenient sentence of time served and supervised release, citing her cooperation with prosecutors, FTX’s bankruptcy estate, and creditors. The…

Key Points: The remaining 15 million FTX shares in Anthropic have been sold for $450 million, with the aim of optimizing creditor repayment. FTX’s bankruptcy has incurred over $700 million…

In a significant development, the insolvent crypto exchange FTX made a bold move by unveiling its plan to reimburse all creditors and customers with added interest. This progressive step was…

Sam Bankman-Fried’s defense team has issued a strong response to the Department of Justice’s recent sentencing memorandum, criticizing it as “disturbing” and portraying the FTX founder inaccurately. The defense asserts…

In the year 2023, the crypto industry may be remembered for the surge in crypto bankruptcy cases, with the largest one involving FTX creditors seeking to recover over $8 billion….