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News about FTX

Stay current with all the latest and breaking news about FTX, compare headlines and perspectives between news sources on stories happening today. In total, 97stories have been published about FTX which Ground News has aggregated in the past 3 months.

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Top FTX News

Trump’s Stablecoin Push “Will Open Floodgates to Massive Fraud,” Lawmaker Warns

Donald Trump · Washington

Trump’s Stablecoin Push “Will Open Floodgates to Massive Fraud,” Lawmaker Warns

100% Center coverage: 2 sources

Trump’s crypto bills could turn trusted big tech companies into the next FTX.See the Story

Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution

Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution

FTX has secured court approval to reduce its disputed claims reserve by $1.9 billion, This move will release significant funds for the next round of customer and creditor distributions. The reserve cut, approved by the Delaware bankruptcy court, reduces the total claims reserve from $6.5 billion to $4.3 billion. FTX Sets August 15 Record Date, The post Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution appeared first on CoinGap…See the Story

FTX Seeks Time to Respond as Creditors Fight Freeze on $470M Foreign Claims

FTX Seeks Time to Respond as Creditors Fight Freeze on $470M Foreign Claims

The FTX Estate is seeking more time to respond to objections to its attempt to restrict repayments to residents of certain foreign jurisdictions.See the Story

BlockFi bankruptcy administrator and DOJ agree to dismiss $35M lawsuit

BlockFi’s bankruptcy administrator and the DOJ agreed to dismiss a $35 million lawsuit involving crypto asset transfers, resolving a dispute that arose during bankruptcyDepartment of Justice · United States See the Story

Crypto Exchange Opens Marketplace for Chinese FTX Creditors to Sell Claims

Backpack, a crypto exchange with ties to FTX, has announced the launch of a new platform that allows creditors to sell their debt claims. This portal offers a fee-free solution for FTX users looking to sell their claims, operating on a non-profit basis to facilitate direct on-platform transactions. Backpack Portal to Support FTX Creditors In The post Crypto Exchange Opens Marketplace for Chinese FTX Creditors to Sell Claims appeared first on Coi…FTX See the Story

From Collapse to Comeback: How Crypto Rebounded After Terra, FTX, and Regulatory Pressure

Cryptos journey from crisis to revival has been dramatic. The collapse of Terra in 2022, triggered by the failure of its algorithmic stablecoin UST and native token LUNA, erased over $40 billion in value. As redemptions spiraled, the system flooded the market with LUNA, crashing its price and confidence. This catastrophe sparked a chain reaction: the fall of crypto hedge fund Three Arrows Capital, the bankruptcies of Voyager, BlockFi, and Celsiu…Cryptocurrency · United States Read Article

Why FTX Ruling on China Payouts Matters: Global Precedent at Stake

A court ruling on FTX bankruptcy estate’s payout freeze next week could mark a “dangerous precedent” for the entire global crypto community, creditors say.Cryptocurrency · China See the Story

FTX Sold SUI for Just $96M, Now Worth Over $6.4B!

The post FTX Sold SUI for Just $96M, Now Worth Over $6.4B! appeared on BitcoinEthereumNews.com. The post FTX Sold SUI for Just $96M, Now Worth Over $6.4B! appeared first on Coinpedia Fintech News SUI has become one of the hottest altcoins in the crypto space right now. In the past year alone, it has recorded a jaw-dropping gain of 389.3%, leaving even Bitcoin and Ethereum behind, which rose by 85.9% and 6.5%, respectively. The momentum hasn’t sl…FTX See the Story

$958B Hamilton Lane Partners With Wormhole to Transform Private Credit Fund Into Multichain Digital Asset

Major institutional move: Hamilton Lane's SCOPE fund goes multichain via Wormhole, enabling daily NAV pricing and instant subscriptions. See how it transforms private credit.Cryptocurrency · New York See the Story

Backpack Exchange's Breakthrough: Unlocking FTX Claims For Global Creditors

BitcoinWorld Backpack Exchange’s Breakthrough: Unlocking FTX Claims for Global Creditors In a significant development that could bring a glimmer of hope to countless individuals affected by the FTX collapse, Solana-based crypto exchange Backpack exchange is reportedly taking a bold step. After its previous acquisition of the defunct FTX EU, Backpack is now setting its sights on acquiring FTX claims from users in challenging regions like China an…FTX · China Read Article

FTX Asset Transfer: Crucial $31.17M SOL Move To BitGo Unveils New Era Of Custody

BitcoinWorld FTX Asset Transfer: Crucial $31.17M SOL Move to BitGo Unveils New Era of Custody The cryptocurrency world is buzzing with the latest development from the defunct FTX and Alameda Research entities. A significant FTX asset transfer has caught the attention of market observers, as a staking address associated with these entities moved a staggering 189,800 SOL tokens, valued at approximately $31.17 million, to BitGo Custody. This isn’t …FTX · India Read Article

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