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FTX

Crypto News

FTX Begins Second Round of Customer Payouts Worth Over $5 Billion

Collapsed crypto exchange distributes funds to creditors with varying recovery rates The bankrupt cryptocurrency exchange, operating under court-approved reorganization plans, expects eligible creditors to receive...
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Crypto News

FTX Repayments May Have Positive Market Impact This Time: Coinbase Analysts

The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land...
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Crypto News

BREAKING: FTX to Return $5 Billion to Creditors in Second Major Payout

In a major development for cryptocurrency investors affected by one of the industry's largest collapses, the FTX Recovery Trust announced today it will distribute...
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Crypto News

Bankrupt Crypto Exchange FTX Will Start $5B Repayment on May 30

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol...
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Crypto News

FTX to Begin $5 Billion Creditor Payout on May 30

Key Takeaways The distribution applies to creditors with approved claims as of April 11, 2025, provided they have completed KYC, submitted the required tax documentation,...
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Crypto News

Backpack Exchange Opens Withdrawals for FTX EU Users

Key Takeaways The platform confirmed that eligible customers may begin reclaiming their funds starting May 12, 2025. The exchange stated that there is no official deadline...
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Crypto News

FTX Files Lawsuit against NFT Stars, Kurosemi Over Undelivered Crypto Tokens

Key Takeaways FTX claims it paid NFT Stars Limited $325,000 in November 2021 in exchange for 1.35 million SENATE tokens and 135 million SIDUS tokens FTX’s...
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Crypto News

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by...
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