The FTX Recovery Trust has commenced a second round of payouts, distributing $5 billion to creditors. Here’s a breakdown of what this means for the crypto market and what investors should watch.
Tag: Bankruptcy
FTX Distributes $5 Billion to Creditors: Market Impact and What to Expect
The FTX Recovery Trust has begun a second round of payouts, distributing $5 billion to eligible creditors. Here’s a breakdown of what this means for the crypto market and what investors should watch.
Cred Executives Plead Guilty to Wire Fraud: A Detailed Breakdown
Former Cred CEO and CFO admit to wire fraud, facing potential prison sentences. Explore the details of the case, customer losses, and related legal consequences.
FTX Pursues NFT Stars and Delysium for Unpaid Tokens in Lawsuits
Bankrupt crypto exchange FTX is suing NFT marketplace NFT Stars and blockchain gaming firm Delysium (Kurosemi) to recover tokens owed, claiming breach of contract and seeking damages.