While FTX Creditor's initiatives offer relief to claimants amidst market uncertainties, challenges persist, highlighting the intricate dynamics of the cryptocurrency landscape.
SanyaFTX settles with ex-executives over Embed acquisition claims, aiming to recover full investment amidst ongoing legal challenges and the shadow of its bankruptcy on the crypto market.
BerniceFTX, the insolvent cryptocurrency exchange, encountered a setback as its newly launched customer claims portal unexpectedly went offline shortly after its debut.
BitcoinistThe largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.
OthersThree Arrows Capital co-founders Su Zhu and Kyle Davies launched a new bankruptcy claims trading marketplace to trade claims of bankrupt crypto firms like FTX and Celsius.
BeincryptoHe accused them of conspiring to attack Luna and stETH.
Beincrypto2021 tax returns claim Alameda and FTX ran at a net loss.
BeincryptoOne filing also alleged that Bahamian regulators asked Sam Bankman-Fried to gain unauthorized access to funds.
BeincryptoFTX filed for bankruptcy Friday; users’ funds stuck on the platform; one marketplace for distressed claims posted bids for a fraction of the original value of claims.
CoindeskThe embattled crypto businessman has been making unusual statements on Twitter and to the press since the FTX collapse.
Others