BitGo IPO, Dogecoin ETF debut, FTX distributes $1.6b to creditors | Weekly Recap
Bankruptcy recovery efforts accelerated for FTX, BitGo wants to go public and economist Timothy Peterson hypes “Bitcoin Bottom Day.” crypto.news…
Tag: FTX
Third Time, Still Paying: FTX Lines up $1.6 Billion for Creditors
FTX’s bankruptcy estate will ship another $1.6 billion to creditors in a third distribution, turning the long unwind into a…
FTX estate pulls another $43m from Solana staking, topping $1.2b in exits
FTX estate redeemed 192,000 SOL this week, worth $43 million. Since November, FTX and Alameda have unwound nearly $1.2 billion…
Backpack Opens Regulated Perpetuals Exchange in Europe After Buying FTX EU
Backpack Exchange, a global cryptocurrency trading platform, said Monday that its European division, Backpack EU, is officially live. Operating out…
SEC under fire after Gary Gensler’s texts wiped during FTX collapse
“Preventable errors” led to the loss of Gary Gensler’s text messages during the crucial period of the FTX collapse, a…
CZ seeks dismissal of $1.76B FTX clawback lawsuit in Delaware
Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss FTX’s $1.76 billion clawback lawsuit, claiming the court lacks…
FTX to Start Next Round of Creditor Repayments on Sept. 30
FTX, the once prominent crypto exchange, will begin the next round of cash redistribution on Sept. 30, the bankrupt firm…
Backpack launches FTX debt claims sales portal users
Backpack, the crypto exchange founded by former FTX insiders, has launched a new portal to help FTX creditors sell their…
Why FTX creditors in 49 countries may be cut from payouts
FTX is seeking court approval for a new claims process that could affect creditors from 49 jurisdictions where crypto is…
Bitcoin, Satoshi, FTX, Brazil’s central bank
From billion-dollar Bitcoin movements to courtroom maneuvers and cross-border hacks, this week’s crypto headlines span the strange, the strategic, and…