FTX

Summary Buterin argues "good social philosophy" is essential for Ethereum's application layer, as these apps directly reflect developer values, unlike the more general-purpose…

Summary Bankman-Fried argues FTX's bankruptcy was a mistake, claiming it possessed enough assets to repay debts and could have thrived. He suggests current crypto scams are…

FTX customers who have submitted claims under $50,000 are now receiving their funds. Summary • FTX users with claims under $50,000 are now receiving their funds. • Kraken and BitGo,…

Kraken has initiated the distribution of funds to creditors of the failed cryptocurrency exchange FTX, which is a critical step in the process of mitigating the consequences of its 2022…

The FTX Bankruptcy Plan formally began its first distribution phase, focusing on Convenience Class accepted claims. On January 3, the FTX Bankruptcy Plan began distributing claims for the…

Celsius focused on preferential transfers and lowered its claim from its initial $2 billion demand to $444 million, but a court rejected both claims for procedural reasons. Mohsin Meghji,…

Beginning in January 2025, FTX will repay $16 billion to creditors and customers. Customers will receive 98% of their losses, with many receiving a return that exceeds their initial…

Rumors regarding a presidential pardon for the proprietor of FTX have surfaced. The potential pardon remains the subject of public speculation and fluctuating odds. Speculation regarding…

Sam Trabucco, the former co-CEO of Alameda, has consented to transfer assets, such as San Francisco apartments and a yacht, to FTX creditors as part of a settlement. Before the demise of…

FTX accused Changpeng Zhao of withdrawing from an acquisition agreement and making misleading statements in order to incite a bank run. In order to optimize asset recovery for creditors,…