FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt ...
Defunct cryptocurrency exchange FTX has encountered issues with ineligible jurisdiction claims as it begins repaying creditors who lost funds in its high-profile bankruptcy case. On Feb. 18, the ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Sam Bankman-Fried was once called the “crypto king.” But in November 2022, his ...
Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million in ...
Bankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, arguing in a recent court filing that the crypto hedge fund’s “own risky ...
The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has recently filed a lawsuit aiming to reclaim more than ...
As YouTuber MrBeast raised more than $12 million in a widely celebrated livestream for a clean water initiative—complete with real-time donation tracking and transparent fund flows—an old crypto ...
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