Search Results for: FTX

The sudden changes to the payout plan have taken a toll on many FTX customers, who are already struggling after the exchange collapsed and froze their funds. 

FTX reduces crypto holder payouts in new plan, enraging creditors

The settlement includes $8.7 billion in restitution and $4 billion in compensation, with the latter subject to the advance payment of all creditor claims.

FTX and CFTC settle 19-month lawsuit with $12.7B agreement

What is FTX?

June 11, 2024 at 15:40 GMT

FTX is the prime example of how the rise and fall of exchange platforms can be swift and dramatic in the cryptocurrency space. Launched in 2019, FTX had quickly become a popular choice among crypto traders. It offered a range of services including spot markets, derivatives, options, and leveraged products. Founded by Sam Bankman-Fried, an MIT...

What is FTX?

This settlement is a crucial development in FTX's bankruptcy proceedings. It resolves a potential source of prolonged and uncertain litigation between the crypto exchange and its largest creditor.

FTX settles colossal $24B IRS claim, enabling swift customer recoveries

The auction will follow a "blind auction" format, which differs from the direct sales methods used in previous transactions.

FTX plans new Solana token auction amid bankruptcy proceedings

In a pivotal step, bankrupt crypto exchange FTX has filed to sell its 7.84% stakein AI startup Anthropic, marking a key asset liquidation effort.

FTX seeks to unload stake in AI firm Anthropic

Three suspects face charges in connection with the $400 million heist targeting cryptocurrency exchange FTX, occurring just hours after its bankruptcy announcement.

FTX’s $400M hack uncovered as SIM-swap scheme, three indicted

Bankrupt cryptocurrency exchange FTX has been approved to sell a chunk of its trust assets which will be utilised to pay back its creditors.

FTX gets court approval to sell $873M in assets for creditor payback

FTT is surging as buyers are competing to takeover and relaunch the FTX exchange...

FTX Token price prediction: What’s in store for FTT in the FTX 2.0 era?

Addresses connected to the now-defunct FTX have moved multi-million dollar worth of Solana’s native token $SOL in some eight hours, as per on-chain data.

Wallets linked to bankrupt-FTX move $SOL worth $13.5m