Bitcoin News / Bitcoinist - 1 month ago
The way former FTX executive Ryan Salame prepares to start his 7.5-year prison sentence has surprised the crypto community. His recent social media updates sparked a wave of memes and jokes among industry figures and community members, who shared the...
Bitcoin News / Google News Bitcoin - 1 month ago
A Bitcoin Reckoning? FTX Pays Up, SEC Admits Crypto Disaster, HBO Taps Into Bitcoin Drama and the Mayor of Mining& & TheStreet
Bitcoin News / Google News Bitcoin - 1 month ago
A Bitcoin Reckoning? FTX Pays Up, SEC Admits Crypto Disaster, HBO Taps Into Bitcoin Drama and the Mayor of Mining& & Yahoo Finance
Cryptocoins News / Finance Magnates - 1 month ago
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on hi...
Cryptocoins News / CoinJournal - 1 month ago
FTX seeks court approval for Caroline Ellison to forfeit nearly all her assets.
Ellison has agreed to cooperate with investigations into FTX and Sam Bankman-Fried.
A hearing for the proposed settlement is scheduled for November 20, 2024.
In a signi...
Bitcoin News / Bitcoinist - 1 month ago
According to a report by crypto research firm K33 Research, Bitcoin (BTC) price could benefit from the latest developments in the FTX bankruptcy saga.
FTX Creditor Payouts Could Be Bullish For Bitcoin
Analysts at K33 suggest that recent developments...
Bitcoin News / Bitcoinist - 1 month ago
FTX, once a giant in the crypto exchange world, has cleared a major hurdle in its bankruptcy proceedings. On Monday, a US bankruptcy court approved its plan to repay customers using up to $16.5 billion in recovered assets. The approval signals a win...
Bitcoin News / Google News Bitcoin - 1 month ago
Bitcoin’s price fell as FTX’s plan to pay $16bn to creditors was approved — but this token jumped& & DLNews
by COINS NEWS - 1 month ago
Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday. The deal will allow former customers to recover a sum worth about 119% of what they had i...
Cryptocoins News / Finance Magnates - 1 month ago
The US
bankruptcy judge Jon Dorsey has approved the reorganization plan for FTX,
paving the way for the defunct cryptocurrency exchange to repay billions of
dollars to its creditors. The decision marks a significant update in the
company's efforts to...
Cryptocoins News / CoinJournal - 1 month ago
FTX to repay 98% of its users around 119% of their claim value
Distributions will be made to creditors across more than 200 jurisdictions
FTX collapsed in November 2022 amid allegations of fraud and customer fund mismanagement
A US judge has approv...
More / Bitcoin Reddit - 1 month ago
How would it affect the market? submitted by /u/Miladran [link] [comments]
Bitcoin News / Bitcoinist - 1 month ago
Billionaire and crypto advocate Mark Cuban criticized the US Securities and Exchange Commission (SEC) Chairman for his crackdown on the industry, arguing that FTX and Three Arrows Capital (3AC) would still be in business if it weren’t for the US regu...
by COINS NEWS - 1 month ago
My KYC was approved at the start of the bankruptcy case, but suddenly in mid-September, they put it "on hold," requesting more documents to match the funds in my account. I provided CSV files from the exchange where the money was earned and...