FTX Takes Legal Action Against Token Issuers to Recover Missing Digital Assets
FTX files lawsuits against NFT Stars and Delysium, accusing them of withholding tokens vital to its estate recovery and creditor repayments.
FTX files lawsuits against NFT Stars and Delysium, accusing them of withholding tokens vital to its estate recovery and creditor repayments.
U.S. court allows 3AC liquidators to expand their claim against FTX to $1.53 billion, dismissing objections from FTX’s debtors.
FTX unstaked 3.03M SOL, hinting at exchange deposits. Solana dropped 20.63%, while FTX’s $16B creditor repayment begins.
FTX bankruptcy legal fees near $1 billion, ranking among the costliest cases in U.S. history. Sullivan & Cromwell LLP, Alvarez & Marsal, and advisers received major payouts amid ongoing asset...
FTX starts customer repayments, yet investors from 26 countries, including Ukraine and China, are excluded due to regulatory challenges.
Sam Bankman-Fried shifts political stance, seeking a Trump pardon while criticizing the DOJ and Biden administration from prison.
FTX Token shows strong bullish momentum, forming higher lows and signaling a potential breakout for major price gains
FTX’s $16B payouts may ignite a crypto surge, with Bitcoin eyeing $100K. Bitget’s rewards campaign fuels market confidence.
FTX will commence creditor payments on February 18, 2025, via BitGo and Kraken. KYC verification remains a hurdle for some claims.
FTX will start paying creditors in the Bahamas on February 18, 2025, with claims under $50K processed first through BitGo.
LayerZero settles its dispute with FTX’s bankruptcy estate, returning a 5% stake to avoid legal hurdles and focus on blockchain innovation.
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