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FTX SETTLEMENT
Law firm Fenwick agrees to pay $54 million in settlement over FTX workUS law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collaps...- Shaquille O'Neal to pay $1.8 million to settle FTX class action lawsuitFormer NBA player Shaquille O'Neal will pay $1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange ...
- FTX cleared to repay billions to customers after bankruptcy plan approvalFTX received court approval for its bankruptcy plan, enabling the repayment of up to $16.5 billion to customers. The plan includes settleme...
- Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC saysFTX has said that its customers will receive 100% recovery on their claims against the company, based on the value of their accounts at the...
- FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distributionFTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focus...
- FTX expects US to reduce bankruptcy claim to $3 billion to $5 billionFTX expects U.S. gov claims in bankruptcy to decrease to $3-5 billion, leaving no money for shareholders. Founder's false claims about harm...
- FTX reaches settlement with BlockFi, may pay up to $874 millionFTX and BlockFi have reached a settlement, awaiting court approval. FTX will pay BlockFi up to $874 million due to the bankruptcy and misus...
- FTX debtors settle claims over Embed deal with Sam Bankman-Fried, othersThe settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.
- FTX resolves dispute with Bahamian liquidatorsFTX and FTX Digital Markets have agreed to pool their assets and harmonise their approach to valuing customer claims to ensure equal treatm...
- Explained | Sam Bankman-Fried's conviction: what's next?US District Judge Lewis Kaplan has set Sam Bankman-Fried's sentencing for March 28, 2024. Bankman-Fried could face decades in prison. But w...
- FTX-tied Alameda gets $175 million claim on Genesis bankruptcy estateThe settlement marks a significant reduction from the nearly $3.9 billion claim that FTX, which is also bankrupt, had asserted earlier this...
- FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowersThe complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX an...
- FTX sues ex-Clinton aide's investment firm K5 Global for $700 millionFTX said its founder Sam Bankman-Fried was a "profligate patron" who showered Michael Kives, his firm K5 Global, and K5 co-founder Bryan Ba...
- FTX reaches deal to recover over $400 million from hedge fund ModuloBahamas-based Modulo agreed to pay $404 million in cash and give up its claim to $56 million in assets held on FTX's crypto exchange, accor...
- 7 points: What caused the sinking of Signature Bank?Signature Bank had total assets of about $110.36 billion and total deposits of roughly $88.59 billion as of December 31. While a run on the...
- BlockFi says it repaid investor $15 million to settle over crypto crashThe settlement resolved claims by the investor, identified only as "Counterparty A," who had purchased equity shares that were issued as pa...
- Crypto stocks teeter near abyss as Fink’s warning adds to angstCryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last mon...
- FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
- The spectacular collapse of a $30 billion crypto exchange should come as no surpriseAll that has changed in the past two weeks. First, concerns emerged about links between FTX and an asset-trading firm called Alameda Resear...
- Buying cryptos this Diwali? Here are seven tokens to look atBitcoin, the new “Big B” among Millennials, is flexing its muscles. Its price recently hit Rs 50 lakh in India. Going by this trend, Indian...
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