FTX’s chapter 11 bankruptcy estate will begin a $1.6 billion payout on Sept. 30. Here’s how U.S., international, and crypto ...
The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.
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FTX creditors set to receive $1.6B in third payout on Sept. 30
On Friday, September 20, the FTX Recovery Trust announced that FTX’s creditors will receive $1.6 billion, a third round of payments, intended to compensate clients on September 30. FTX, once a leading ...
The now defunct cryptocurrency exchange FTX and its sister company Alameda Research have been ordered to pay $12.7 million to their customers and fraud victims, the Commodity Futures Trading ...
Backpack Exchange has said it would officially launch withdrawals for former FTX EU users today. The exchange completed the FTX EU acquisition in January 2025. The firm also launched a KYC page to ...
FTX and Alameda's $8.7 billion restitution and $4 billion disgorgement address significant investor losses from their fraudulent activities. Industry stakeholders will discuss these developments at ...
Bankrupt cryptocurrency exchange FTX and the United States commodities regulator have agreed to a $12.7 billion settlement, resolving a 19-month long lawsuit. The agreement comes after months of ...
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