FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations.On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court…
The Cyprus Securities and Exchange Commission (CySEC)
announced on July 4, 2025, that it has recalled the suspension of the
authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was
made…
Lawyers acting for the collapsed crypto exchange FTX have rebuked a $1.53 billion recovery claim from Three Arrows Capital’s liquidators, arguing the losses result from a risky trading strategy that…
Reason to trust
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NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit brought by investors in the collapsed crypto exchange FTX, according to several media reports this…
In brief
O'Neal will pay $1.8 million to settle a lawsuit tied to promoting FTX.
Plaintiffs alleged he helped market unregistered securities.
The deal includes broad legal immunity and covers legal costs.
Shaquille O’Neal…
Bankrupt cryptocurrency exchange FTX is facing fresh scrutiny from users fighting for at least $2.2 billion worth of disputed claims still pending approval, with numerous creditors continuing to struggle to…
Key Points:FTX is entering the second phase of its repayment plan.Repayments impact stablecoin liquidity.The payment process is managed by Kraken and BitGo.
FTX stated that it has distributed payments exceeding $5…
Key Points:Key Point 1Key Point 2Key Point 3
FTX announced the commencement of the second phase of its user repayment program, aiming to distribute over $5 billion to creditors over the…
Key Points:FTX initiates over $5 billion repayment phase for users.Creditors expected to receive funds promptly.Payouts primarily in stablecoins and cash.
FTX Trading Ltd. announced the launch of the second phase of…