Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers

Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate is now clear to repay customers in cash, with interest, using up to $16. 5 billion in recovered assets, Reuters reported Oct. дальше »

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Bankruptcy judge approves FTX’s reorganization plan

Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users. дальше »

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Ex-FTX execs Nishad and Gary to be sentenced in October and November

Nishad Singh and Gary Wang to be sentenced for FTX fraud on Oct. 30 and Nov. 20. Their cooperation in Sam Bankman-Fried’s trial may lead to reduced sentences. Ryan Salame got 90 months for non-cooperation; Bankman-Fried got 25 years. дальше »

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FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze

Cryptocurrency exchange FTX has made $34 million in trading fees since the last time it burned its native FTT token on Oct. 31. дальше »

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FTX partners with Visa, BNB Chain suffers exploit and Elon Musk returns to $44B Twitter deal: Hodler’s Digest, Oct. 2-8

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