FTX News
- Market News
Vitalik Buterin Hits at FTX Failings, Backs Ethereum’s Model
Buterin contrasts Ethereum’s open governance with FTX’s centralization to show safety. SBF’s team renews debate with solvency claims, intensifying questions…
Read More » - Market News
SBF Insists “FTX Was Never Insolvent” in New Post
Bankman-Fried says FTX had $25B in assets and wasn’t insolvent during the 2022 collapse. His team blames lawyers for forcing…
Read More » - News
SBF Says Biden Officials Targeted Him After GOP Donations
SBF claims his prosecution followed secret GOP donations made during the 2022 cycle. Bankman says the arrest blocked planned testimony…
Read More » - Exchange News
FTX Creditors Set for $1.6B Return in Third Recovery Distribution
FTX Recovery Trust will release $1.6B on September 30 to creditors with verified claims. US customers will reach 95%, while…
Read More » - Exchange News
Backpack EU Opens Regulated Perpetual Futures Exchange in Europe
Backpack EU launches in Europe with over 40 perpetual futures pairs and 10x leverage. The exchange settled €200,000 with CySEC…
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Ex-Binance CEO Seeks Dismissal From $1.8B FTX Clawback Suit
Zhao argues the $1.8B FTX suit falls outside U.S. jurisdiction and seeks full dismissal. Binance’s 2021 share repurchase deal with…
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Backpack Launches Zero-Fee Marketplace for FTX Claims
Backpack offers a zero-fee marketplace to simplify distressed FTX claims sales. It targets global users, easing access to capital despite…
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FTX Bankruptcy May Exclude Users in 49 Regions, Most Claims from China
FTX froze payouts in 49 areas where crypto laws block legal fund transfers. China holds the largest share of frozen…
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FTX Will Begin $5B Repayment Round to Users Starting May 30
FTX will begin distributing over $5B to eligible creditors starting May 30 via BitGo and Kraken. Based on claim classes,…
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Three Arrows Capital Wins $1.53B Claim Against FTX: Report
A U.S. court approved 3AC’s claim increase against FTX from $120 million to $1.53 billion. The court ruled that FTX’s…
Read More » - Exchange News
FTX’s 11.2M SOL Unlock Could Shake Up the Market: Report
FTX to unlock 11.2M SOL tokens on March 1st, valued at $2.06B in ongoing liquidation. Galaxy, Pantera, & Figure see…
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FTX Announces Payouts for <$50k Claims by 18 February 2025
FTX starts notifying creditors with claims under $50k for payouts, set for February 2025. Bitgo and Kraken will process claims…
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