FTX Estate Begins Initial Payouts to Creditors Following Bankruptcy
FTX Estate has started distributing $1.2 billion to creditors with claims under $50,000, including 9% accrued interest.
FTX Estate has started distributing $1.2 billion to creditors with claims under $50,000, including 9% accrued interest.
Solana (SOL) has experienced a sharp decline amid a controversy involving Argentine President Javier Milei and a memecoin launched on the blockchain.
The FTX repayments will be made through FTX Digital Markets, the Bahamas arm of the defunct exchange, which collapsed in November 2022.
Kraken crypto exchange reported $1.5 billion in revenue for 2024, according to its financial statement released on January 31.
The parents of Sam Bankman-Fried, the disgraced co-founder of the FTX crypto exchange, are reportedly seeking a presidential pardon for their son.
The co-founder of Terraform Labs Do Kwon trial ties to the $40 billion collapse of TerraUSD will begin on January 26, 2026, in the Southern District of New York.
Bankrupt crypto lender Celsius Network has filed an appeal challenging a court decision that dismissed its $444 million claim against defunct crypto exchange FTX.
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