FTX

Highlights: The bankrupt company says Three Arrows Capital’s losses came from risky trades and not any wrongdoing by the exchange. The estate claimed that 3AC was trying to push the blame for its failure onto FTX and its clients. The […]

Highlights: Payoneer joins Kraken and BitGo to distribute refunds to FTX customers. Eligible users must complete KYC and tax forms via the FTX portal. Payoneer expands access to countries previously blocked from crypto payouts. FTX and its digital arm, FTX […]

Highlights: Binance seeks dismissal of FTX’s $1.76B clawback suit, citing jurisdiction and legal flaws. FTX operated for 16 months after the buyback, undermining insolvency claims. Zhao’s post about FTT liquidation was founded on publicly available information. Binance has requested the […]

Highlights: FTX has taken action against two companies for failing to return tokens tied to past agreements. The exchange stated that both firms ignored repeated requests to settle and deliver the assets. FTX is planning more lawsuits as it works […]

Highlights: The U.S. court has allowed 3AC liquidators to raise their claim against FTX from $120 million to $1.53 billion. 3AC liquidators say FTX unfairly liquidated assets and withheld key financial records. FTX is facing multiple lawsuits, including claims from […]

Highlights: Solana price plunges 15% to $136 as the crypto market experiences extreme volatility. The dip comes after FTX recently unstaked 3.03M SOL, with subsequent token unlocks injecting fear into the market. Can SOL rebound above key levels as oversold […]

Highlights: A fake Sam Bankman-Fried account on X falsely claimed Trump pardoned him and launched memecoins. Sam Bankman-Fried returned to X after two years, and the FTT token surged 29% before dropping back to $1.6. SBF appeals his conviction and […]

Highlights: FTX creditors from restricted countries cannot get their funds due to issues with jurisdiction. Creditors must verify claims by April 11 to qualify for the next repayment round scheduled for May. The parents of Sam Bankman-Fried are seeking a […]

Highlights: FTX creditors begin reimbursement on February 18 for claims up to $50,000 via BitGo. Eligible creditors receive full claims plus 9% interest, marking first repayments post-restructuring. Bahamas creditors receive initial payments; others will start reimbursements on March 4. FTX […]

Highlights: FTX has settled with K5 Global and will keep its investment in the firm’s funds for future recovery. Michael Kives was accused of using political connections to help Sam Bankman-Fried before the collapse of FTX in 2022. FTX is […]

Highlights: U.S. Supreme Court allows class action lawsuit against Binance to proceed over unregistered token sales. Binance faces claims of selling risky digital tokens without proper warnings to U.S. investors. SEC labels Binance a fraud while the platform battles multiple […]

Highlights: Celsius is contesting a court ruling that dismissed its $444 million claim in the FTX case. Celsius claims FTX statements hurt its reputation, leading to insolvency and bankruptcy in 2022. The company has paid over $2.53 billion to creditors, […]