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Category FTX News

MainNewsFTX News
FTX to Distribute Over $5 Billion to Creditors Starting May 30 Under Reorganization Plan

FTX to Distribute Over $5 Billion to Creditors Starting May 30 Under Reorganization Plan

FTX Trading Ltd., the collapsed crypto exchange once helmed by Sam Bankman-Fried, will begin a large-scale distribution of over $5 billion to its c...
FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals

FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals

Backpack crypto wallet and exchange has initiated the process for former FTX EU customers to claim their Euro funds.  Eligible FTX customers can do...
FTX’s $500M Loss: Why Selling Its Cursor Stake for $200K Was a Huge Mistake

FTX’s $500M Loss: Why Selling Its Cursor Stake for $200K Was a Huge Mistake

FTX Exchange gave up $500 million in potential earnings from its early investment in Cursor, an AI-powered code editor. FTX’s financial stakeholder...
All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

The crypto world is staring down May 30 when two major events scheduled for that day could significantly impact digital asset markets: the long-awa...
Another FTX Victim? Taiwan’s Steaker Platform Executives Face Charges

Another FTX Victim? Taiwan’s Steaker Platform Executives Face Charges

Taiwanese authorities have charged four senior executives of digital asset management platform Steaker for allegedly raising NT$1.48 billion ($45.8...