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Shaquille O’Neal Settles FTX Lawsuit for $1.8 Million
Shaquille O’Neal will pay $1.8 million to settle a class-action lawsuit from investors of the collapsed crypto exchange FTX. Key points include:
...

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Sam Bankman-Fried Could Have Up to 4 Years Reduced from Sentence
Sam Bankman-Fried, founder of FTX, may have his 25-year prison sentence reduced by up to 4 years due to good conduct and participation in prison...
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Sam Bankman-Fried May Be Released from Prison in December 2044
Sam Bankman-Fried, founder of FTX, may be released from prison in December 2044, four years earlier than initially sentenced.
Bankman-Fried was...

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Backpack Exchange Launches Two-Step Withdrawal Process for FTX EU Customers
Backpack has launched a withdrawal process for former FTX EU users to reclaim their Euro funds following its acquisition of FTX EU.
Key Details of...
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Shaquille O’Neal Settles With FTX Investors Over Promotion Allegations
Shaquille O’Neal has settled with FTX investors who accused him of promoting the failed crypto exchange. Key points include:
Settlement details,...

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Backpack Begins Customer Claims Process for FTX EU Funds
Backpack, the firm that acquired the European arm of bankrupt exchange FTX for $32.7 million, has initiated the claims process for customers to...

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Backpack Launches Verification Process for Former FTX EU Customers
Backpack crypto exchange has initiated the verification process for former FTX EU customers, a pivotal step in the repayment journey following its...
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FTX Begins $1.2 Billion Payout Process to Creditors Under $50,000
Creditors of the collapsed cryptocurrency exchange FTX with claims under $50,000 have begun receiving payouts, which include:
9% annual interest...

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Fraudster Allegedly Uses AI to Scam Companies for $5.6 Million in FTX Claims
Two companies have reportedly fallen victim to a scam involving fake FTX liquidation claims, amounting to at least $5.6 million. The alleged...

Backpack Acquires FTX EU for $32.7 Million Amid Dispute
Backpack has acquired FTX EU for $32.7 million. Following this announcement, FTX issued a statement claiming it was unaware of the acquisition and...
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Kraken Introduces Fee-Free Trading for FTX Creditors
Kraken Initiates Support for FTX Creditors
Kraken has launched a program offering fee-free crypto trading for eligible FTX users receiving...
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Backpack Acquires FTX EU for $32.7 Million and 110,000 Users
Backpack, a crypto wallet and exchange favored by Solana users, has acquired FTX EU for $32.7 million. Key points include:
- The acquisition...
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Backpack Exchange Acquires FTX EU to Enhance Crypto Trading in Europe
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Обзор новости
Backpack Exchange завершила приобретение FTX EU, европейского подразделения обанкротившейся криптобиржи, что было одобрено...
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Speculation Increases About Presidential Pardon for Sam Bankman-Fried
Sam Bankman-Fried (SBF), former CEO of the bankrupt crypto exchange FTX, faces speculation regarding a potential presidential pardon following...
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Elon Musk Comments on Sam Bankman-Fried Pardon Speculation
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FTX Announces Chapter 11 Plan Effective January 3, 2025
The defunct cryptocurrency exchange FTX and its affiliated debtors announced that the court-approved Chapter 11 reorganization will take effect...
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CFTC Reports $17.1 Billion in Enforcement Actions for Fiscal Year 2024
The United States Commodity Futures Trading Commission (CFTC) reported a historic total of $17.1 billion in monetary relief for fiscal year...
FTX Co-Founder Gary Wang Sentenced to Time Served and Supervised Release
Former FTX executive Gary Wang received a sentence of time served along with three years of supervised release for his involvement in the $8 billion...
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Three Arrows Capital Liquidators Increase Bankruptcy Claims Against FTX to $1.53 Billion
FTX and Alameda Research are preparing to distribute up to $16 billion to creditors, while Three Arrows Capital (3AC) liquidators seek to recover...
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Ex-FTX CTO Gary Wang Collaborates with US on Anti-Fraud Tools
Gary Wang, co-founder and former CTO of FTX, is collaborating with the US government to develop anti-fraud software tools for monitoring...
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Former FTX Engineering Director Receives Three Years of Supervised Release
Nishad Singh, former director of engineering at FTX, received a sentence of time served and three years of supervised release for his involvement in...