Crypto and U.S. equities surged after the independent candidate announced his support for Donald Trump. U.S. presidential candidate Robert F. Kennedy Jr. announced his decision to withdraw from the 2024…
FTX clients are set to decide on an extravagant reimbursement plan, which could see them get 118% of their permitted claims. That resembles getting a reward for losing your cash!…
The creditors argued that FTX’s cash repayment would force a taxable event that could be avoided by in-kind repayment. A group of FTX creditors led by Sunil Kavuri has objected…
The examinations will determine S&C’s awareness of FTX misconduct and potential conflicts during SBF’s Robinhood shares acquisition. FTX examiner Robert J. Cleary has sought court approval to further investigate the…
Some want higher payouts because crypto prices have risen during bankruptcy. A US bankruptcy court has granted FTX approval to solicit votes on a liquidation plan that pays customer claims…
The assets include airplanes, funds held at various banks, shares of Robinhood stock once owned by SBF, and even political contributions linked to FTX executives. The aftermath of the FTX…
BitFlyer said it will reboot FTX Japan as a digital asset custodial firm targeted at institutional investors BitFlyer, one of Japan’s largest crypto exchanges, agreed to acquire the Japanese subsidiary…
