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FTX
Bankrupt FTX Plans to Pay Nearly All Customers 118% of Their Claims
- The creditors with claims of $50,000 or less will be eligible to receive 118 percent of their claims.
- It will also pay non-governmental creditors an interest of 9 percent on their full claims.
Wednesday, 08/05/2024 | 05:50 GMT by
Arnab Shome
Senators Grill CFTC Boss on Sketchy Links to FTX’s Fallen Star Sam Bankman-Fried
- Warren and Grassley demand the records of CFTC's Chairman's with the CEO of the fallen crypto exchange.
- They seek details on the regulator's pre-FTX collapse interactions.
Tuesday, 16/04/2024 | 07:28 GMT by
Damian Chmiel
FTX Founder's Lawyer Seeks Leniency for Sam Bankman-Fried
- The lawyer proposed a sentence of up to six and a half years, far less than the 110-year maximum.
- The sentencing is ongoing, awaiting the recommendation from the US Attorney's office in Manhattan by March 15.
Wednesday, 28/02/2024 | 09:25 GMT by
Tareq Sikder
FTX's Bankruptcy Crisis Deepens: Appeals Court Orders Appointment of Independent Examiner
- The company's current CEO and the committee of unsecured creditors have opposed this step.
- The court maintains that the appointment of an examiner is mandatory under the US Bankruptcy Code.
Friday, 19/01/2024 | 19:21 GMT by
Jared Kirui
“We Are So Close, Yet So Far”: Industry Leaders Unveil Insights on Crypto Regulation
- The FMLS panelists of “Crypto Regulation after FTX” agreed that success relies on collaboration.
- The talk stressed faster rule updates through industry-regulator dialogue.
Thursday, 28/12/2023 | 08:57 GMT by
Tareq Sikder
FTX's Former CEO Sam Bankman-Fried Denied Request for Prolonged Sentencing Process
- This denial happens amid the possibility of a second trial against Bankman-Fried.
- SBF's defense team has requested an extension of four to six weeks for his sentencing.
Wednesday, 20/12/2023 | 20:00 GMT by
Jared Kirui
From FTX to ECB: The Evolving Saga of Crypto
- Lessons from failures shaping future regulations.
Wednesday, 29/11/2023 | 14:36 GMT by
Pedro Ferreira
Cryptocalypse Now: The Ripple Effect of Crypto Crackdown and the Dark Alleys Innovation
- The crypto crackdown chronicles.
Thursday, 23/11/2023 | 12:41 GMT by
Pedro Ferreira
FTX Seeks Court Approval for Sale of $744 Million Trust Assets
- Prior to this development, the court had approved for the liquidation of $3.4 billion in assets.
- The proposed sale process includes the involvement of an investment adviser and a pricing committee.
Monday, 06/11/2023 | 10:28 GMT by
Tareq Sikder
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