bankruptcy Backpack addresses controversy over FTX EU acquisition and customer fundsBy CryptooTimesJanuary 9, 2025 Cryptocurrency exchange Backpack issued a statement addressing controversy surrounding its purchase of FTX EU. Questions about the sale of FTX…
Alameda Research Backpack Exchange acquires FTX EU, plans Q1 2025 launchBy CryptooTimesJanuary 7, 2025 Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.
bankruptcy FTX’s payment plan is now effective — When will users see their funds?By CryptooTimesJanuary 3, 2025 According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60…
appeal Celsius to appeal order that disallowed its $444M claim against FTXBy CryptooTimesJanuary 2, 2025 The crypto lender made two claims, both of which were dismissed by Judge Dorsey for various reasons, including procedural shortcomings.
ftx Former FTX executive Ryan Salame’s prison sentence reduced by 1 yearBy CryptooTimesDecember 27, 2024 Bureau of Prison records indicate that former Alameda Research CEO Caroline Ellison’s sentence was also reduced by three months.
bankruptcy Kraken and BitGo will help distribute the first FTX payments in 2025By CryptooTimesDecember 16, 2024 More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery…
bankruptcy FTX to begin creditor repayments by March 2025By CryptooTimesNovember 21, 2024 FTX is nearing completion of its court-approved repayment plan, two years after the exchange’s collapse due to corporate mismanagement and…
bankruptcy The FTX Co-Founder Proved Assistance to the US AuthoritiesBy CryptooTimesNovember 15, 2024 FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes…
Court US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX caseBy CryptooTimesNovember 13, 2024 Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in…
bankruptcy FTX filed for bankruptcy 2 years ago — What’s happening now?By CryptooTimesNovember 11, 2024 On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed…
