FTX
How Recent Market Rally Impacted FTX's Asset Liquidation
Nicholas Hall, co-founder of Found.xyz and bankruptcy attorney, discusses the amount of funds FTX creditors could receive in the bankruptcy case and how it compares to a Ponzi scheme case. Plus, how the pumping crypto market influenced the restructuring plan.
Legal Expert on Pitfalls of FTX's Bankruptcy Plan
Found.xyz co-founder and bankruptcy attorney Nicholas Hall joins "First Mover" to discuss the FTX estate's new plan that would see 98% of its creditors get back 118% of their claims in cash. Plus, the hidden pitfalls of the reorganization plan and a potential timeline for court approval.
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.
Will All FTX Creditors Get Their Funds Back in Cash? Gronk to Pay $1.9M for Crypto Investor Suit
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bankrupt exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims in cash. Plus, NFL legend Rob Gronkowski will pay $1.9 million to settle claims brought by former customers of Voyager Digital. And, U.K. Economic Secretary speaks up about stablecoin and staking legislation.
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
The new reorganization plan must first be approved by a Delaware bankruptcy court.
Binance Nigeria Money Laundering Trial Delayed; Fmr FTX Europe Head Pays $1.5M for Titanic Memento
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the delay of Binance Nigeria's money laundering trial to May 17. Plus, asset management giant BlackRock expects a new wave of inflows from different types of investors, and former head of FTX Europe Patrick Gruhn paid nearly $1.5 million for a gold pocket watch recovered from the Titanic.
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
Gruhn said he bought the watch for his wife, Maren Gruhn, and that they would display the watch in museums, according to the report.
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Bankman-Fried’s one-time friends and co-defendants Caroline Ellison, Gary Wang, and Nishad Singh have already settled with the investors.
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
CFTC chief Rostin Behnam previously disclosed there were meetings and messages with FTX's Sam Bankman-Fried, but he hasn't granted another senator's call to see all the records.
