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$5Bn FTX Stimulus Drop Is About To Fuel New Bitcoin ATH: Here’s Why - 99Bitcoins

$5Bn FTX Stimulus Drop Is About To Fuel New Bitcoin ATH: Here’s Why& & 99Bitcoins

FTX Set for $5 Billion Second-Phase Distribution Following $7 Billion Payout

Advisers managing the bankruptcy of FTX are preparing to distribute $5 billion to the company’s creditors. This will be the second payout this year. The first round began in mid-February.In the February round, repaymentsstarted with customers in the...

Bitcoin and Solana decline as FTX plans to begin second wave of distributions - FXStreet

Bitcoin and Solana decline as FTX plans to begin second wave of distributions& & FXStreet

FTX estate to start distributing more than $5B on May 30

Not all FTX account holders will be reimbursed in the second distribution of assets, but the trust said it will send more than $5 billion “within...

FTX Creditors to Receive Over $5B in Second Payout Starting May 30

The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repaym...

FTX Token surges 14% ahead of $5B creditor distribution

FTX Token (FTT) has jumped nearly 14% in the past 24 hours, surging as the market reacts to the latest FTX news. On May 15, FTX announced its $5 billion creditor distribution will begin on May 30, 2025. Market reaction aligned with top altcoins&rsqu...

FTX to distribute over $5 billion to creditors in second planned payout on May 30

submitted by /u/goldyluckinblokchain [link] [comments]

Finder Retreats From Crypto, Facilitates User Migration to Australian Exchange Swyftx

Aussie fintech firm Finder has partnered with Swyftx to facilitate the migration of its users to the latter’s crypto exchange platform. Users Must Consent to the Migration of Wallet Balances Australian fintech company Finder has announced a par...

Former FTX exec's wife says gov't ‘induced a guilty plea’

Michelle Bond, facing campaign finance charges, is one of the last significant figures tied to cryptocurrency exchange FTX, through her husband, t...

FTX missed out on $500 million after selling Anysphere's Cursor AI stake for just $200K

submitted by /u/Illperformance6969 [link] [comments]

Shaquille O’Neal reaches settlement in FTX lawsuit

O’Neal was among several high-profile celebrities and athletes accused of endorsing FTX. Other celebrities named in similar legal actions include NFL quarterback Tom Brady, supermodel Gisele Bündchen. This is O’Neal’s secon...

FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles

submitted by /u/sadiq_238 [link] [comments]

Nearly 400,000 FTX users risk losing $2.5 billion in repayments

Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline....

Bitcoin Traders’ Realized Losses Reach FTX Crash Levels — What’s Happening?

The price of Bitcoin has had an interesting performance so far in 2025, starting the year with a run to a new all-time high. However, the flagship cryptocurrency finished the year’s first quarter with over 15% of its value shaved off in those three m...

FTX Cancels $2.5 Billion in Claims Due to KYC Failures Affecting 392,000 Customers, Including $655 Million in Small Claims and $1.9 Billion in Large Claims

submitted by /u/KIG45 [link] [comments]

Crypto Biz: The ‘worst quarter’ since the FTX collapse is finally behind us

Q1 2025 was a rough quarter for Bitcoin, Ether and the broader crypto market as investors awaited clarity on tariffs, interest rates and the econo...

FTX EU Customers’ Claims Are on the Way: New Owner Backpack Initiates Process

Backpack, the crypto exchange that acquired the European unit of FTX, has started the process of distributing claims to affected FTX EU customers. According to yesterday’s (Tuesday’s) announcement, the new owner is asking former FTX EU customers to c...

Backpack opens claims process for former FTX EU users

Backpack acquired FTX EU in January 2025 to offer crypto derivatives throughout Europe. Crypto exchange Backpack has initiated...

Backpack Starts Claim Process for FTX EU Fund After Acquiring FTX Subsidiary

Key Takeaways: Backpack has opened the fund claim process for former FTX EU customers following its acquisition of the entity. This process involves two key steps: first, KYC verification to confirm identity, and second, the fund withdrawal phase, w...

Coinbase sees worst quarter since FTX collapse amid industry bloodbath

Coinbase experienced its worst quarterly stock performance since the FTX collapse, dropping 33% in Q1 2025 despite strong revenue expectations....

FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payo...

FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle

submitted by /u/Shoddy_Trick7610 [link] [comments]

FTX Founder SBF Shipped to Oklahoma via 'Con Air' After Unauthorized Jailhouse Interview

submitted by /u/GreedVault [link] [comments]

FTX Bankruptcy Hit by Court Ruling Favoring 3AC’s $1.53 Billion claim

A Delaware bankruptcy court sided with failed hedge fund Three Arrows Capital (3AC), approving a dramatic increase in its claim against FTX from $120 million to $1.53 billion. The ruling, which comes as FTX continues its bankruptcy process, introduce...

US court gives Three Arrows nod to increase its FTX claim to $1.53B

3AC liquidators have been trying to claw back funds held by the hedge fund on FTX since it filed a June 2023 claim in the collapsed exchanges bank...

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