Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware…
Read More »FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX’s cash payouts versus the crypto repayments from Gemini and Mt. Gox.
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FTX plans full pay back of all creditors ‘plus billions in compensation’
Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says…
Read More »Binance Coin Consolidates As Traders Are Unsure Which Way The Market Is Going
The price of Binance Coin (BNB) is in a sideways trend after the end of the uptrend on March 13, 2024.<br />
Read More »Binance Coin Price Recovers When Resistance Is Reached Again At $645
The price of Binance coin (BNB) continued its uptrend and rose above the 21-day SMA. Price analysis by Coinidol.com.<br />
Read More »Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on…
Read More »BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi’s bankruptcy and reorganization plan.
Read More »Binance Coin Continues To Rise But Hits A Barrier At $365
The price of Binance (BNB) coin has continued its uptrend after breaking out of its trading range of $290 to $330.
Read More »FTX debtors will assess values of crypto claims based on petition date market prices
In a revised Chapter 11 plan of reorganization, FTX debtors state that crypto claims by customers will be assessed using a conversion table, with valuation based on the petition date.
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