FTX And FTX Digital Markets (FDM) Strike Deal To Align Customer Reimbursement Efforts
Yesterday, 19th December, 2023, FTX Trading Ltd. announced that it had reached a settlement deal with its Bahamas-based subsidiary, FTX Digital Markets (FDM).
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FTX Files To Exit Bankruptcy And Repay Billions To Affected Customers
Bankrupt crypto firm, FTX, has announced its plans to exit bankruptcy and resolve its year-long financial troubles by repaying its affected customers. According.
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FTX and Alameda Move $23.59 Million In Digital Assets Into 4 Top Exchanges
Defunct crypto firms FTX and Alameda move $23.59 million in digital assets to top exchanges. Over the course of four days, wallets connected.
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IRS Demands $24 Billion In Unpaid Taxes From FTX
FTX says IRS demand for $24 billion in unpaid taxes and this is delaying recovery of user funds. FTX lawyers are asking the.
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US Court Orders Crypto Exchange FTX To Sell $873M Of Assets To Repay Creditors
Crypto exchange FTX has been approved to sell $873M of its assets to repay creditors A bankruptcy court in the US has given.
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SEC Still Investigating Binance.US for Potential FTX-Like Fraud
SEC probes Binance.US for potential control over customer assets like FTX. Binance.US faces asset and user decline amid ongoing legal challenges. Binance.US and.
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FTX Users Sued New Targets In Class-Action Lawsuit To Recover Lost Funds
FTX users have expanded the list of their targets in seeking to recover $11 billion lost in the exchange’s meltdown. The user group.
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FTX Token Skyrockets Over 40% As Binance Faces Legal Battle
FTX Token (FTT) has posted impressive numbers over the past 30 days, increasing by 296.17% from its price of $1.05 on October 22. .
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Attorney Gerard Exposes SEC Chair’s ‘Dirty FTX Secrets’
Attorney Gerard Scimeca accuses the SEC chairman of biased crypto regulation. He accused the chairman of overlooking fraud entities like FTX and Celsius.
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US Court Gives A Green Light To FTX and BlockFi To Begin Settlement Discussions
A U.S. court has opened the door for BlockFi to proceed with its efforts to recover $1 billion in losses from FTX. On.