FTX Set for $5 Billion Stablecoin Creditor Cost This Week
FTX will distribute over $5 billion in stablecoins on Might 30. Restoration charges range by creditor class beneath FTX’s Chapter 11 plan. The payout could enhance crypto liquidity and set off a market rally. FTX plans to launch greater than…
Binance Asks U.S. Court docket to Dismiss $1.76 Billion Clawback Lawsuit Filed by FTX Property
Binance has requested a Delaware court docket to throw out a $1.76 billion clawback lawsuit filed by the FTX property, arguing that the now-bankrupt crypto change is concentrating on the mistaken social gathering. Based on the court docket paperwork, Binance…
The FTX buyers’ tombstoNFT
Unlock the Editor’s Digest free of charge Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication. Unique to FT Alphaville, we’re delighted to unveil a digital tombstone in commemoration of those that invested their very…
FTX Chapter Hit by Courtroom Ruling Favoring 3AC’s $1.53 Billion declare
A Delaware chapter courtroom sided with failed hedge fund Three Arrows Capital (3AC), approving a dramatic improve in its declare in opposition to FTX from $120 million to $1.53 billion. The ruling, which comes as FTX continues its chapter course…
FTX Unstakes $431 Million In SOL, Largest Unlock Since 2023
Be a part of Our Telegram channel to remain updated on breaking information protection Crypto wallets linked to the now-defunct crypto trade FTX and the bankrupt buying and selling agency Alameda Analysis have unstaked over 3 million Solana tokens, which…