Binance co-founder Changpeng Zhao files motion to dismiss $1.7 billion FTX suit
Key Takeaways Changpeng Zhao filed a motion to dismiss a $1.7 billion lawsuit filed by an FTX trust related to
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FTX
FTX and Alameda Research stake 20,736 Ethereum ahead of creditor payout
Key Takeaways FTX and Alameda Research staked 20,736 ETH valued at $79 million after recent Bybit withdrawals. The entities unstaked
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FTX prepares third round of distributions as court frees up $1.9B in claim reserves
Key Takeaways FTX’s next distribution is expected to begin on September 30, 2025, with BitGo, Kraken, and Payoneer handling disbursements.
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$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
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$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
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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
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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
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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
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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.
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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
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