Defunct cryptocurrency exchanges have added fresh supply, yet price action shows little of the typical bearish response.

The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.

A distribution notice from FTX Digital Markets showed that the initial group of claimants could expect the value of their funds to be returned plus interest. FTX Digital Markets, the Bahamian arm of ...

FTX creditor Sunil Kavuri has highlighted how the SUI token’s recent performance represents a significant loss for the bankrupt exchange. In a post on X, Sunil noted that SUI reaching $5.20 with a $16 ...

NEW YORK (Reuters) -FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading ...

After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation. The FTX bankruptcy estate updated its timeline for creditor ...

Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers argue they’re being left in the lurch. Last month, lawyers overseeing FTX’s ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. is a news writer focused on ...

FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s ...

June 24 (Reuters) - An increasingly nasty tussle is underway for control of billions of dollars in claims arising from the 2022 implosion of crypto exchange FTX. The dispute is pitting lawyers who are ...