$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by
Read more
FTX
$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?
On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5
Read more
FTX Gets Hollywood Treatment With Julia Garner as Caroline Ellison in Netflix Series
Netflix will release a limited series dramatizing the rise and fall of cryptocurrency exchange FTX and its leaders, Sam Bankman-Fried
Read more
FTX to distribute over $5B to creditors on May 30: Second payout
Key Takeaways FTX is set to distribute over $5 billion to creditors starting May 30, 2025. Eligible creditors will receive
Read more
Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX
Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but
Read more
Backpack Starts Claim Process for FTX EU Fund After Acquiring FTX Subsidiary
Key Takeaways: Backpack has opened the fund claim process for former FTX EU customers following its acquisition of the entity.
Read more
Coinbase shares sink in steepest drop since FTX turmoil
Key Takeaways Coinbase shares fell 31%, marking their steepest drop since the FTX collapse in late 2022. The crypto downturn
Read more
FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025
The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion
Read more
Is Hyperliquid the next FTX? JELLY drama triggers Bitget CEO warning
Key Takeaways Bitget’s CEO has issued a warning about the potential risks at Hyperliquid after a major incident involving the
Read more
3AC wins court approval to expand FTX bankruptcy claim from $120 million to $1.5 billion
Key Takeaways 3AC’s liquidators increased their bankruptcy claim against FTX to $1.53 billion. The court approved the expanded claim involving
Read more