FTX clarifies that Backpack does not distribute customer funds from FTX EU. FTX EU, not Backpack, is responsible for repaying funds to former FTX EU…
Backpack’s acquisition of FTX EU expands its services across the European Union. CEO Ferrante emphasizes swift restitution to rebuild trust in the crypto industry. FTX…
FTX creditors must complete KYC, tax forms, and agent selection by January 20, 2025. Missing pre-distribution deadlines risks delayed payments or forfeiture of claim rights.…
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’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…
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…
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…
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…
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 distribute $16 billion to creditors after Chapter 11 Plan approval in 2025. Customers must complete KYC and tax forms to receive FTX distributions…