In the FTX bankruptcy saga, a significant claim has been reassigned to a single creditor, streamlining proceedings but raising concerns for smaller creditors. Lack of transparency adds to apprehensions amidst FTX's turbulent downfall. Meanwhile, co-founder Sam Bankman-Fried maintains innocence amid prison sentence.
Xu LinWormhole token airdrop starts, distributing 678.8M tokens. 117M reserved for specific groups. Trading to begin on Binance. Platform enhances blockchain interoperability.
Huang BoFTX, the bankrupt crypto exchange, challenges the IRS's $24 billion tax claim, deeming it "absurd and meritless." The fluctuating tax bill, currently at $24 billion, covers income and employment taxes from 2018 to 2022. FTX emphasizes the need for a fair resolution to protect bankruptcy victims. The upcoming court hearing on December 13 will play a crucial role in determining the distribution of FTX's remaining assets.
BerniceThe fate of certain claims is tied to assets whose status will be decided at Sam Bankman-Fried’s trial in October.
BeincryptoLawyers representing Binance in its battle against the Securities and Exchange Commission have made a startling revelation.
cryptopotatoComputer scientist Craig Wright has lost a claim in a UK court to protect the Bitcoin blockchain by copyright.
decryptThe lawyer says the ongoing rumors about the firm’s bidding process are categorically false.
cryptopotatoA group of Chinese researchers published a "scientific paper" last month that said they used quantum computers to break a standard RSA algorithm.
decrypt
NellLuis Guardado Asks El Salvador's President Nayib Bukele Directly: "No Tech Support, Just Useless Calls, Where's My Money?"
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