FTX Announces Global Settlement With The Bahamas Subsidiary: Fund Recovery on Horizon?

FTX Trading Ltd has reached a settlement with its Bahamas subsidiary, FTX Digital Markets, over bankruptcy proceedings. The settlement, which still requires court approval, aims to ensure equal distribution of funds to FTX customers. дальше »

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FTX eyes return of $9 billion in customer funds through settlement proposal

Bankrupt FTX might claw back 15% from customers with claims over $250,000 from the platform nine days before its bankruptcy by requiring them to reduce claims, per an Oct. 16 statement. FTX is proposing a settlement to customers who withdrew more money from their accounts than they deposited in the 9 days before FTX filed […] The post FTX eyes return of $9 billion in customer funds through settlement proposal appeared first on CryptoSlate. дальше »

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FTX Debtors Pivot: Revised Settlement Proposal Emerges Amid US Trustee Objection

In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee.  Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […] дальше »

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FTX Navigates Dispute with Genesis, Proposes $176M Settlement

FTX seeks a court-mandated resolution to their ongoing dispute with Genesis entities through a proposed $176 million settlement. дальше »

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FTX and Genesis reach settlement in bankruptcy case

FTX and Genesis representatives informed the US court that they are ready to settle the bankruptcy case. In a filing to Judge Lane of the United States Bankruptcy Court, FTX and Genesis lawyers state that they agreed on a potential… дальше »

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FTX, Genesis reach in-principle agreement to settle bankruptcy case

FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement.

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FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. дальше »

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Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement

FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing. дальше »

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Give it Back! FTX Debtors Demand Return of $93 Million Donations From US Politicians

As part of attempts to recover settlement funds for many aggrieved creditors, FTX is reaching out to US politicians who may have financially benefitted from Sam Bankman-Fried’s generosity to return the money. дальше »

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US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve

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Jack in the Box ends suit against FTX for allegedly stealing its mascot

Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form. дальше »

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Crypto derivatives exchange FTX introduces zero-confirmation transfers via Fireblocks

Fireblocks, a digital asset security and asset transfer platform, announced today the official launch of its Deposit Acceleration Program to partner with top global exchanges on providing the fastest on-chain settlement times for the crypto buy-side. дальше »

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