ftx
FTX Liquidates WLD Tokens, $16.5B Customer Refund in Focus
EmberCN has spotted an ongoing development with FTX and Alameda Research. FTX and Alameda sold nearly all 25 million WLD tokens in their portfolio. The…
FTX Chapter 11: BitGo, Kraken to Handle January 2025 Distributions
FTX’s $12 billion recovery plan begins January 3, 2025. Stablecoin payouts are facilitated through BitGo and Kraken. Initial distributions are expected within 60 days of…
U.S. Moves Billions in Seized Crypto; Sparks Bitcoin Price Concerns
The U.S. government moves billions in seized crypto, including BTC and ETH, to new wallets. Concerns rise over potential government sale of seized Bitcoin after…
FTX Liquidator Transfers BIT and RAY Tokens, Market Reacts
Alameda Research transferred $64.4 million worth of BIT tokens to Mirana Ventures. FTX liquidator made a transfer of almost $2 million in RAY tokens to…
Whistleblower Alleges Bribery at Binance, Files Claim in UK Court
A former Binance executive alleges unfair dismissal after reporting a bribery incident within the organization. Binance faces scrutiny over claims of prioritizing revenue generation over…
What’s Behind FTX’s $2.66M SOL Transfer to Binance? Creditors Await Answers
FTX liquidators transfer 11.4K SOL (~$2.66M) to Binance in an asset recovery move. The transaction aligns with liquidation efforts post-FTX collapse, flagged by PeckShield. SOL…
FTX to Return $16 Billion to Users: Payouts to Start in March 2025
FTX to distribute $16 billion to creditors after Chapter 11 Plan approval in 2025. Customers must complete KYC and tax forms to receive FTX distributions…
FTX Fraud Case: Gary Wang Spared Prison, But Instead Forfeits $11 Billion
Judge Lewis Kaplan ruled no prison time for FTX co-founder Gary Wang, citing his cooperation in the case. The judge sentenced him to time served,…
Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto
The DOJ is initiating a civil forfeiture procedure against Binance. Former FTX CEO deposited about $16 million on the Binance exchange. The deposited funds were…
FTX Sues Binance and CZ for $1.8 Billion; Alameda Research Targets Waves Founder
FTX Seeks $1.8 Billion clawback from Binance, alleging fraudulent 2021 share repurchase. Alameda sues Waves founder, claims $90 million misappropriated via Vires finance. FTX Accuses…
