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FTX’s bankruptcy estate is pushing back against a $1.5 billion claim from Three Arrows Capital, arguing the failed hedge fund is trying to recover losses from its risky bets. In a 94-page objection filed June 20 in the U.S. Bankruptcy…
News
The years-long legal drama involving basketball star Shaquille O’Neal and his ties to the now-bankrupt crypto exchange FTX is finally coming to an end. According to a recent CNBC report, Shaquille O’Neal has agreed to pay $1.8 million to settle…
News
FTX has declared it is partnering with distribution service provider Payoneer to distribute funds to affected customers. Payoneer will reportedly act as an optional intermediary in reimbursing funds. According to the official press release, Payoneer will assist in distributing compensation…
FTT
FTX
Recap
Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the…
News
Netflix has announced the two actors who will be playing Sam Bankman-Fried and Caroline Ellis in the streaming service’s upcoming limited series inspired by the FTX scandal. On May 30, the major streaming platform officially unveiled the two young actors…
News
FTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market. FTX is set to release over $5 billion in stablecoins to creditors starting today, May 30. This marks…
BTC
Bitcoin
News
The U.S. Bureau of Prisons has estimated that former FTX CEO Sam Bankman-Fried will be released in December 2044, four years earlier than his original 25-year prison sentence. According to a report by Business Insider, the former FTX CEO is…
FTT
FTX
Opinion
Black swan events are part of the crypto terrain, and planning for them as inevitabilities is what’s going to set serious players apart.
News
Binance and CZ fire back against FTX's lawsuit, stating that they had nothing to do with its collapse.
News
Bitcoin could benefit from favorable market conditions through July, before seasonal headwinds and tariff deadlines take effect, analysts say. Bitcoin (BTC) has jumped more than 25% since April, and it’s now holding near $106,000 with several signs pointing to more…
BTC
Bitcoin
News
FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May 15. The $5 billion set for…
FTT
FTX
Recap
Today’s edition of the weekly recap covers Ethereum’s successful Pectra activation, Binance, Coinbase, stablecoin legislation and Doodles’ ecosystem expansion. CZ begins Trump pardon application process Coinbase buys Deribit, Armstrong says ‘no’ to Saylor’s strategy Ethereum revamp GENIUS Act rejected Steak…
News
The Emmy-winning Ozark star Julia Garner is reportedly set to headline Netflix’s dramatization of the FTX saga as Caroline Ellison. Julia Garner is reportedly in talks to play Caroline Ellison, a former top executive in Sam Bankman-Fried‘s fallen crypto empire,…
News
Tower Research Capital, one of three “VIP” clients named in the 2023 lawsuit against Binance by the U.S. Commodity Futures Trading Commission, is ramping up its crypto market-making efforts. Tower Research Capital, one of three “VIP” clients named in the…
BTC
Bitcoin
News
FTX Trading Ltd. and the FTX Recovery Trust have filed lawsuits against NFT Stars Limited and KUROSEMI INC., the company behind the gaming platform Delysium, for failing to deliver tokens owed to the FTX estate. The action was announced in…
News
Shaquille O’Neal has reached a proposed settlement with investors who sued him for promoting the now-bankrupt cryptocurrency exchange FTX. The terms remain confidential until a motion for preliminary approval is filed by the plaintiffs. The class-action lawsuit, filed in November…
Opinion
