Tag: FTX

FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

boss

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

FTX EU Buyer Backpack Goes Live In Europe

boss

Backpack EU, the owner of FTX EU — the former European arm of the defunct exchange FTX — is launching operations after settling with the Cyprus Securities and Exchange Commission (CySEC). Backpack EU, registered with the CySEC as Trek Labs Europe, announced on Monday the launch of its perpetual futures platform in Europe, the company told Cointelegraph. “After fulfilling our promise to refund former FTX EU customers, we commence our journey to provide one of the first fully regulated crypto derivatives platforms in Europe, starting with perpetual futures,” Backpack CEO…

Fenwick Denies Lawsuit Claiming It Helped FTX Fraud

boss

Law firm Fenwick & West denied allegations from an updated class-action lawsuit claiming it was central to crypto exchange FTX’s fraud and eventual collapse. Earlier this month, FTX users asked to update their suit against Fenwick, first filed in 2023, claiming new information from a bankruptcy and criminal case shared evidence that the law firm “played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished.” Fenwick told a Florida federal judge in a filing on Monday that the court should…

How to buy your first Crypto?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How to buy your first Crypto? —————————————————- 🔥 *Copy my Bull Market Portfolio* 🔥 1️⃣ Watch tutorial on Bull Market Bots: 2️⃣ Sign up to Pionex: 3️⃣ Claim deposit bonus: 4️⃣ Join our free community _The Coiners_ : 5️⃣ Copy my Bull Market Bots: Bitcoin: Ethereum: Solana: All Trading Strategies: Strategy Settings and History: —————————————————- *All Exchanges and Links* ✅ Pionex Exchange: (Best Trading Bots, KYC Friendly) ✅ Bitunix Exchange: ($5,500 Bonus, no KYC) ✅ ByBit Exchange: ($30,000 Bonus, KYC Needed) ✅…

FTX Customers Look To Update Lawsuit Against Fenwick & West

boss

Customers of the bankrupt crypto exchange FTX are looking to update their lawsuit against Fenwick & West, one of the law firms once contracted by the company, claiming new information shows it was central to FTX’s collapse. The criminal trial of former FTX CEO Sam Bankman-Fried and investigations in the exchange’s bankruptcy proceedings “produced specific evidence supporting that Fenwick played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished,” FTX customers wrote in a court filing to amend their suit…

FTX Just Unstaked 190K SOL, Right as Solana Breaks Out

A wallet tied to the collapsed exchange FTX and its trading arm, Alameda Research, has unstaked 190,821 Solana SOL $179.6 24h volatility: 0.3% Market cap: $96.96 B Vol. 24h: $6.13 B tokens. The transaction was valued at around $35.52 million at the time of the move. This move comes as FTX continues its bankruptcy process, aiming to liquidate assets and return funds to creditors. The release of such a large amount of SOL has led to speculation about its next destination. Some analysts suggest that tokens could be sent to…

3 Bullish patronen voor deze Altcoin = 133% pump?! + Analyse Bitcoin & WIF.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Traden doe ik op: Bybit: Meer (dagelijkse) koers updates buiten de video’s om? Zie de Premium Discord Groep: Nieuw: Maandelijks (opzegbaar) abonnement: Gratis Telegram: Gratis Whatsapp: Gratis trade cursus: Leer traden: Heatmaps: In deze video een analyse van Bitcoin, WIF en een altcoin die 133% kan stijgen! Deze video wordt in samenwerking gemaakt met Crypto Insiders. Je bereikt ze via de volgende link: Wil je ook leren traden? Kijk dan naar mijn cursus waarin je van A tot Z leert hoe je…

FTX Files for Delay as Creditors Fight Repayment Freeze on $470M Claims

boss

The estate of bankrupt cryptocurrency exchange FTX is seeking a delay in a Delaware court as it works to respond to over 90 objections challenging its proposed halt to repayments in certain “foreign jurisdictions,” according to a court document reviewed by Cointelegraph. The “Motion for Leave” would give the FTX estate more time to present its case for halting repayments to creditors in so-called restricted jurisdictions. The document was filed on Sunday, with a hearing scheduled for Tuesday to address the original motion that triggered the legal dispute. “Given the…

FTX Ruling Could Let Exchanges Seize Assets Worldwide

boss

The FTX creditor community is awaiting a ruling next week that could let the FTX bankruptcy estate freeze payouts to creditors in “restricted countries,” including China. On Tuesday, the US Bankruptcy Court in Delaware is expected to rule on a motion that could allow the FTX estate to withhold payouts to creditors in 49 countries it has labeled as “restricted jurisdictions.” If the court approves the motion, affected creditors warn of “devastating consequences” that could extend far beyond the FTX case. “This motion isn’t just about FTX creditors. It sets…

Proof of Reserves: Has Crypto Really Changed Since FTX Collapse?

Key Notes Major exchanges like KuCoin, OKX, and Kraken now compete on audit transparency following the FTX crisis. Point-in-time reserve snapshots cannot detect off-chain liabilities or corporate debt that could bankrupt exchanges. Cryptographic verification represents industry progress, but users must view PoR as starting point for due diligence. In the world of crypto, trust is everything, whether you like it or not. Recent Proof-of-Reserves (PoR) announcements from exchanges like KuCoin and Coinex on July 10th and OKX on July 9th, coupled with ongoing reports from pioneers like Kraken, signal a…