FTX and Alameda Research stake 20,736 Ethereum ahead of creditor payout
Key Takeaways FTX and Alameda Research staked 20,736 ETH valued at $79 million after recent Bybit withdrawals. The entities unstaked…
Tag: FTX
CySEC Says Former FTX EU Now Trek Labs Meets Compliance, Lifts Suspension
The Cyprus Securities and Exchange Commission (CySEC) announced today (Friday) that it has recalled the suspension of the authorisation of…
FTX Set for $5 Billion Stablecoin Creditor Payment This Week
FTX will distribute over $5 billion in stablecoins on May 30. Recovery rates vary by creditor class under FTX’s Chapter…
FTX Bankruptcy Hit by Court Ruling Favoring 3AC’s $1.53 Billion claim
A Delaware bankruptcy court sided with failed hedge fund Three Arrows Capital (3AC), approving a dramatic increase in its claim…
FTX Begins Payouts to Creditors Under $50K: Recovery Could Reach $16B
FTX has started repaying creditors today (Tuesday),beginning with those in the “Convenience Class.” This group includes creditorswith claims of $50,000…
Kraken offers FTX creditors up to $50k in zero-fee crypto trading
January 9, 2025 | Industry News We were selected as one of the partners for the distribution of funds to…
FTX EU Acquired by Backpack Exchange, Expands EU Reach
Backpack Exchange, a cryptocurrency platform established by former FTX and Alameda Research employees, has recently acquired FTX EU, the European…
Kraken chosen as distribution partner by the FTX Debtors
December 16, 2024 | News We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors…
FTX Auditor Prager Metis to Pay $1.95 Million for Negligence
Prager Metis, the accounting firm that audited FTX, has agreed to pay $745,000 in civil penalties to settle misconduct allegations…
“Presumed Guilty by the Judge”: FTX Founder Sam Bankman-Fried Appeals $8B Fraud Conviction
Sam Bankman-Fried, the former crypto billionaire who was convicted of fraud and sentenced to 25 years in prison, has formally…