The Conflict Over FTX’s European Assets Remains Unresolved
TL;DR Backpack Exchange claims to have acquired FTX EU for $32.7 million, but ownership remains disputed due to complex legal and procedural issues across multiple...
Tag : FTX
FTX Former Executive Ryan Salame Gets Sentence Reduced by Over a Year
TL;DR Ryan Salame, former FTX executive, has had more than a year reduced from his sentence. His new release date is set for March 1,...
Caroline Ellison Agrees to Settle with FTX, Forfeiting Nearly All Assets
by Fernando
TL;DR Caroline Ellison, former CEO of Alameda Research, agreed to liquidate nearly all her assets in favor of FTX creditors. FTX is seeking judicial approval...
FTX Settlement: A Landmark Resolution in Cryptocurrency Legal Battles
by jose
TL;DR $12.7 Billion Settlement Approved: US District Judge Peter Castel sanctioned a $12.7 billion settlement involving FTX, Alameda Research, and the CFTC, concluding a legal...
CoinShares Announces Successful Sale of FTX Claim
by jose
TL;DR Recovery Rate: CoinShares achieved a remarkable recovery rate of 116% net of broker fees by successfully selling its claim against the now-defunct cryptocurrency exchange...
FTX Extends Bahamas Claim Deadline Amid Refund and Distribution Concerns
by Fernando
TL;DR FTX Digital Markets extends the deadline for creditor claims, allowing more time to present proof of debt. The deadline for submitting the Proof of...
Sam Bankman-Fried’s Sentencing: Voices of FTX’s Victims Emerge
by jose
TL;DR Sentencing Approaches: As Sam Bankman-Fried’s sentencing nears, FTX creditors are calling for justice after the exchange’s collapse led to significant financial and emotional distress. Victim...
FTX Must Renegotiate Fund Refunds for Its Clients
In November 2022, FTX, the cryptocurrency exchange platform, experienced a collapse that triggered significant consequences, impacting the entire industry. The current situation revolves around the...
Significant Transfers from FTX and Alameda Research to Various Exchanges Were Detected
A series of significant financial movements caught the attention of the community as the transfer of cryptocurrencies totaling $10.8 million from the accounts of FTX...
What is SBF’s Current Life in Prison Like?
by jose
Sam Bankman-Fried, the co-founder and CEO of FTX, one of the world’s largest cryptocurrency exchanges, is facing a harsh reality behind bars after being arrested...
