Auto Added by WPeMatico
FTX will initiate repayments to Convenience Class creditors on Feb. 18, 2025, nearly three years after its November 2022 bankruptcy filing. FTX Creditors to Receive First Distributions Starting Feb. 18,…
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him…
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has…
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the…
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and…
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct…
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase…
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with…
“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative…
This article is featured in Bitcoin Magazine’s “The Broke Issue”. Click here to subscribe now. The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity,…