FTX News
From Prison, SBF Claims FTX Had Funds, Blames ‘Liquidity Panic’
SBF denies FTX bankruptcy, calling it a liquidity crisis that hindered fund access. Bankman-Fried criticizes the legal system and political struggles affecting his trial. Despite…
FTX Creditors to Be Repaid Starting Feb 18, but at 2022’s Rock-Bottom Prices
FTX will begin $16 billion in creditor repayments on February 18th. The repayments will be based on values from November 2022. FTX Token (FTT) soared…
FTX Sets Date to Repay Smaller Claims, Bitcoin Price Aside
FTX’s repayment plan starts February 18, 2025, for creditors under $50k. Bitcoin’s rise means creditors missed out on significant gains since 2022. BitGo partners with…
Bankman-Fried Seeks Trump Pardon, LayerZero Settles with FTX Estate
Bankman-Fried’s parents seek clemency from Trump, holding meetings with legal figures in his orbit. White House declines to comment on pardon outreach. FTX estate settles…
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’…
