Former FTX EU trading specialists have launched Perpetuals.com, an AI-powered derivatives platform aiming to streamline crypto futures and perpetual swaps with automated risk management and advanced trading tools.
FTX users have intensified their lawsuit against the law firm implicated in the crypto exchange’s collapse, asserting that the firm played a crucial role in facilitating the fraud. This development highlights the growing accountability expected in the crypto industry.
The FTX estate is seeking a court order to freeze payouts to creditors in ‘restricted’ countries amidst ongoing bankruptcy proceedings. This move aims to ensure compliance with regulatory obligations, protecting the estate from potential legal complications.
Coinbase analysts suggest that the upcoming repayments from the FTX bankruptcy proceedings could positively impact the cryptocurrency market. This potential influx of liquidity may bolster investor confidence and stabilize prices across major cryptocurrencies.
On May 30, the FTX estate will commence the distribution of over $5 billion to creditors, marking a significant step in the ongoing bankruptcy proceedings. This distribution aims to address the financial claims stemming from the exchange’s collapse.
NBA legend Shaquille O’Neal has reached a settlement in a lawsuit with investors of the collapsed crypto exchange FTX. The plaintiffs accused Shaq of exacerbating their financial losses through his endorsement of the now-defunct platform.
The prospective SEC chair faced scrutiny regarding the sale of an FTX-linked firm during a Senate confirmation hearing. Lawmakers expressed concerns about transparency and regulatory oversight in the wake of the FTX collapse, calling for clearer accountability measures.
In a significant legal development, a U.S. court has granted Three Arrows Capital the ability to bolster its claim against FTX by $1.53 billion. This ruling could impact the ongoing bankruptcy proceedings and reshape creditor dynamics in the crypto space.
In a surprising turn, SBF’s crisis manager has resigned following a controversial jailhouse interview that raised eyebrows among legal experts. The decision comes amid growing scrutiny over communication strategies in light of ongoing legal troubles.
In a surprising turn of events, a trader who accurately forecasted the demise of FTX has hailed the cryptocurrency exchange’s two-year repayment delay as a positive outcome. This unexpected development raises questions about the broader impact on investor confidence.