FTX
Backpack Opens Regulated Perpetuals Exchange in Europe After FTX EU Acquisition
Operating out of Cyprus and licensed under the European Union’s MiFID II framework, the exchange is positioning itself as one of the first fully regulated venues in Europe to offer crypto derivatives, starting with perpetual futures.
FTX to Start Next Round of Creditor Repayments on Sept. 30
The former crypto giant used to be a mainstay in the digital asset ecosystem till a CoinDesk expose in 2022 resulted in the downfall of Sam Bankman-Fried's empire.
Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”
The $1.53 billion 3AC’s liquidators say the defunct hedge fund is owed is a steep increase from their initial claim for $120 million.
Shaquille O’Neal to Pay $1.8M in Settlement Over FTX Promotion Lawsuit
Investors in the lawsuit alleged that he misled them by appearing in ads for the exchange.
FTX Repayments May Have Positive Market Impact: Coinbase
Creditor payments via BitGo and Kraken are expected within three business days amid shifting market conditions.
Sam Bankman-Fried’s Prison Sentence Could Be Cut by Over 4 Years: Business Insider
His sentence could be reduced due to accumulated “Good Conduct Time” and participation in prison programs.
FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.
Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange
The suit named a host of other celebrity promoters, including baseball player Shohei Otani, comedian Larry David, and model Gisele Bundchen.
New FTX EU Owner Backpack Initiates Customer Claims Process
Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification.
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed.
