What's Going On? FTX Announces a Rare Move, Causing FTT Token to Surge Over 40%
Bankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.
MiyukiBankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.
MiyukiThe announcement came through a letter submitted to New York federal court on Friday.
AlexRipple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.
BrianFTX's bankruptcy plan raises critical valuation and repayment issues, leaving creditors and the crypto industry in limbo.
KikyoFTX Judge's intervention sparks hope for quicker customer fund recovery in the bankruptcy case, yet uncertainties persist, with IRS cautioned about potentially lower-than-expected recoveries amid complex proceedings.
EdmundSam Bankman-Fried's prison experience, marked by unconventional currency use and alleged challenges to living conditions, adds an unexpected chapter to his legal saga. As the legal proceedings continue, the controversy surrounding SBF's actions inside the prison walls raises questions about the complexities of adapting to a new reality while facing serious legal consequences.
BerniceRecent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.
Huang BoThe estate of bankrupt crypto firm FTX has filed a lawsuit against Bybit, seeking to recover $953 million transferred to Bybit's investment arm. The legal complaint alleges misappropriation of funds and points to VIP status and questionable withdrawals leading up to FTX's bankruptcy filing.
Cheng YuanThis crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.
KikyoFTX initiates legal action against Bybit and associates in a $953 million asset recovery effort, amidst broader bankruptcy proceedings and ongoing efforts to reclaim funds.
Hui XinInvestor enthusiasm on Binance Futures, reflected in the soaring long-short ratio, raises questions about the sustainability of the bullish trend. As Bitcoin experiences fluctuations, traders are advised to exercise caution, considering potential liquidation risks in a dynamically evolving market.
Cheng YuanIndia’s Financial Intelligence Unit has taken steps to block the URLs of nine cryptocurrency exchanges. The move comes as the FIU claims these exchanges are "operating illegally" and not complying with the Prevention of Money Laundering Act.
JoyA December survey by CNBC found only 8% of Americans viewed cryptocurrencies positively, down from 19% in March.
BeincryptoLookonchain tweeted "A giant whale address borrowed 20 million CRV from Aave and transferred 10 million CRV to OKX.
TristanA sandwich attack is a type of front-running attack. How does it work?
CointelegraphIn this guide, the author will take you step by step to create (mint) your own ENS domain name and bind it to your cryptocurrency wallet. The last step is to set our NFT as the profile picture of ENS.
NellOur lives are often defined more by our digital identities than our physical identities.
CointelegraphAvoid considering digital currencies as your principal source of income to safeguard your mental health throughout this crypto winter.
CointelegraphBinance Coin (BNB), the native token of the world's largest cryptocurrency exchange Binance, extended losses as fresh regulatory scrutiny and media scrutiny put the exchange under the spotlight again.
链向资讯Although real estate is often considered a safer investment over stocks, it isn’t for everyone, a reality leading many to look to the digital realm as an alternative.
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