FTX Considers Restarting Crypto Exchange, Lawyers Billing Millions
According to a Bloomberg report, attorneys for the bankrupt crypto exchange FTX, have been exploring the possibility of rebooting the ...

According to a Bloomberg report, attorneys for the bankrupt crypto exchange FTX, have been exploring the possibility of rebooting the ...
USDC has regained its $1 peg.
The Japanese branch of the failed crypto exchange will start processing withdrawals as of February 21.
The exchange shuttered on Nov. 13 after a reported hack.
The company will pay employees and vendors, but not former CEO Sam Bankman-Fried or Caroline Ellison.
Per the official announcement, Binance has announced that it has reopened its USDC (SOL) deposit service after an internal review and review.
Bankrupt Crypto Lender Voyager also acknowledged Friday that it has a $3 million balance currently locked up on FTX.
Crypto exchange FTX has begun processing withdrawals, according to reports from users and the crypto community.
The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds.