FTX

.9 Billion In FTX Payouts To Hit Crypto Market Soon, Here’s When

$1.9 Billion In FTX Payouts To Hit Crypto Market Soon, Here’s When

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure $1.9 billion in FTX repayments could soon enter the crypto market, providing a bullish outlook for crypto prices. This follows an announcement by the estate of the defunct exchange regarding the resolution of undisputed claims, clearing the way for the next repayments.   […]

$1.9 Billion In FTX Payouts To Hit Crypto Market Soon, Here’s When Read More »

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by .9B

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B

Bankrupt crypto exchange FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30, 2025. The record date for eligible claimants is set for August 15. Key Takeaways: FTX will begin its next round of cash payouts to approved creditors on September 30. A $1.9 billion

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B Read More »

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than 7% amid the developments. FTT joined today’s broad-based altcoin rallies with a significant surge. While the altcoin narrative boosted the alt’s sentiments, the latest announcement

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims Read More »

BlockFi Administrator And DOJ Strike Deal To Terminate  Million Lawsuit — Details

BlockFi Administrator And DOJ Strike Deal To Terminate $35 Million Lawsuit — Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Moshin Meghi, the bankruptcy plan administrator of crypto lending firm BlockFi, and the US Department of Justice (DOJ) have agreed to end a lawsuit centered around a $35 million asset transfer. This announcement marks the latest chapter in BlockFi’s bankruptcy saga, which

BlockFi Administrator And DOJ Strike Deal To Terminate $35 Million Lawsuit — Details Read More »

Over 500 Chinese creditors challenge FTX over 0M payout freeze

Over 500 Chinese creditors challenge FTX over $470M payout freeze

Chinese creditors affected by FTX’s latest legal maneuver are ramping up efforts to challenge the bankrupt exchange’s request to delay payouts to users in 49 jurisdictions with restrictive or uncertain crypto laws. The group is turning to US courts and regulators, raising concerns about fairness, transparency, and procedural integrity. Speaking with CryptoSlate, a Chinese creditor

Over 500 Chinese creditors challenge FTX over $470M payout freeze Read More »

FTX Lawyers Slam 3AC’s .5B Claim — Say Collapse Was Entirely Self-Inflicted

FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted

FTX lawyers are pushing back against a $1.5 billion claim from defunct hedge fund Three Arrows Capital (3AC), calling it baseless and rooted in the firm’s own trading missteps. Key Takeaways: FTX is seeking to fully reject 3AC’s $1.5B claim, calling it legally and factually unfounded. The exchange argues 3AC breached margin terms and ignored

FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted Read More »

Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’

Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Luca has provided insights into why this Bitcoin bull market feels different from other market cycles. As part of his commentary, he also described this bull market as a new era, with a shift occurring that could sideline retail investors. 

Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ Read More »

Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco

Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco

A new musical about Luigi Mangione featuring disgraced FTX founder Sam Bankman-Fried debuted in San Francisco this past weekend, less than one year after the killing of UnitedHealthcare CEO Brian Thompson. SBF, Diddy & Luigi Characters Take Center Stage Directed by Nora Bradford, “Luigi: The Musical” bills itself as a “part comedy and part social

Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco Read More »

.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at what’s still sitting onchain. Collapsed Crypto Entities Still

$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi Read More »

Panic or Opportunity? What Crypto Capitulation Tells Smart Investors

Panic or Opportunity? What Crypto Capitulation Tells Smart Investors

If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting.  But what does it mean when someone says the crypto market is capitulating? And why should you, as an investor or even an observer, pay attention? Let’s break

Panic or Opportunity? What Crypto Capitulation Tells Smart Investors Read More »