FTX News
FTX Distribution Delays: Key Updates on Restricted Country Payouts
FTX creditors in certain countries, including Egypt and Russia, can't receive payouts yet. The first round of FTX payouts is expected in March 2025, with…
FTX/Alameda Redeems Over 4M SOL Tokens: A Closer Look at Transfers
FTX/Alameda redeems and transfers millions of SOL tokens regularly. Over 4.4 million SOL redeemed since November 2024, worth $516.88 million. FTX/Alameda’s staking address holds over…
Kraken Begins FTX Claims Payouts for Creditors Under $50K
Kraken has started notifying customers about the distribution of FTX claims. BitGo is expected to commence a similar process soon. Claims below $50,000 will be…
FTX Creditors Must Act Now to Receive Initial Distribution
FTX’s reorganization plan starts on January 3, 2025 with the initial claim distributions. Creditors must complete KYC, tax forms, and choose a provider by January…
FTX Repayment Plan Fact Check: Addressing Misinformation
FTX's $16B repayments start March 2025; disputed claims may delay payouts by up to 3 years. AI agents spread misinformation, causing confusion over FTX repayment…
Andreessen Was Right Despite FTX’s Partial Success – Musk and Nawfal
Musk and Nawfal believe investors' interests fueled FTX’s relative success. Opinion leaders say FTX’s relative growth didn’t neutralize the government’s attack on crypto. Top investors’…
FTX Targets High-Profile Individuals in Legal Battle to Recover Funds
FTX has filed multiple cases to recover funds from high-profile individuals. SkyBridge Capital is facing a lawsuit from the bankrupt FTX. FTX claims Sam Bankman-Fried…
FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy
A crypto user questioned the quality of data about FTX and FTT. The user noted a platform valued bankrupt FTX over existing publicly traded companies.…
FTX/Alameda Moves $28M in SOL From Staking, Analysts Eye Coinbase, Binance
FTX/Alameda's staking address regularly redeems ~170K SOL monthly, impacting exchanges. Alameda actively deposits WLD to Binance, with 23.44M WLD still held for gradual liquidation. SOL…
FTX Fraud: Caroline Ellison Sentenced to 2 Years in Prison
Caroline Ellison sentenced to 2 years for fraud in Alameda/FTX $8B fund misuse. Ellison's actions, influenced by Bankman-Fried, helps her reduce her sentence. Judge imposed…
