FTX's Bankruptcy Saga: A Complex Puzzle for Creditors

What's Going On? FTX Announces a Rare Move, Causing FTT Token to Surge Over 40%

Bankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.

FTX Founder Sam Bankman-Fried Spared Second Trial

The announcement came through a letter submitted to New York federal court on Friday.

Ripple's Subsidiary Dominates FTX Bankruptcy Claims

Ripple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.

FTX Judge Aims to Expedite Customer Fund Recovery in Bankruptcy Case

FTX Judge's intervention sparks hope for quicker customer fund recovery in the bankruptcy case, yet uncertainties persist, with IRS cautioned about potentially lower-than-expected recoveries amid complex proceedings.

FTX Founder SBF Adapts to Prison Life Amid Legal Woes

Sam Bankman-Fried's prison experience, marked by unconventional currency use and alleged challenges to living conditions, adds an unexpected chapter to his legal saga. As the legal proceedings continue, the controversy surrounding SBF's actions inside the prison walls raises questions about the complexities of adapting to a new reality while facing serious legal consequences.

FTX Used Customer Funds to Repurchase Binance Stake, Court Reveals

Recent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.

FTX Estate Pursues $953 Million Lawsuit Against Bybit, Alleging Misappropriation of Funds

The estate of bankrupt crypto firm FTX has filed a lawsuit against Bybit, seeking to recover $953 million transferred to Bybit's investment arm. The legal complaint alleges misappropriation of funds and points to VIP status and questionable withdrawals leading up to FTX's bankruptcy filing.

Former FTX Execs Debut New Crypto Exchange A Year After FTX Downfall

This crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.

FTX's $953M Asset Recovery Battle: Legal Action Against Bybit Amid Bankruptcy

FTX initiates legal action against Bybit and associates in a $953 million asset recovery effort, amidst broader bankruptcy proceedings and ongoing efforts to reclaim funds.

Saga Unveils Eligibility Criteria for SAGA Token Airdrop Ahead of Blockchain

Saga, a gaming-centric crypto tech firm preparing to launch its mainnet, revealed eligibility criteria for the impending public airdrop of its SAGA token. Co-founder Jin Kwon detailed plans for the airdrop, focusing on both current eligibility and upcoming opportunities.

Solana Saga's Inventory Crisis Amid BONK Token Surge

Solana Saga faces order cancellations and supply issues amid a surge in demand driven by the inclusion of BONK tokens.

Solana Saga手机价格飙升至iPhone 15pro售价5倍

Solana Launches Saga Smartphone To Compete With Apple And Google, How Much Does It Costs?

The company behind the development of the blockchain, Solana Labs announced the launch of its long-awaited mobile phone, Saga.

Blockchain gaming sector remains resilient amid FTX meltdown saga

User activity in Web3 games during October and November has accounted for nearly half of all blockchain activity (42.67%) across 50 networks.

Streaming Giants Fight to Get FTX Saga Movie Rights

New reports show that Sam Bankman-Fried and FTX purchased multiple properties in The Bahamas.

Solana Co-Founder Sees Upside From Ethereum’s Merge, Saga Web 3 Mobile

Raj Gokal, Solana Labs’ chief operating officer, discussed what the Merge could mean for Ethereum and how his company’s mobile phone will stack up against the iPhone 14.

Crypto Biz: The 3AC saga takes another bizarre twist

Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported.

Solana Announces Web3 Smartphone Saga, Sparks Mixed Reactions in Crypto Community

There have been comparisons to the project with Apple and Ethereum, concerns about network outages, and community reactions to Solana's new Web3 handsets.

Solana smartphone Saga triggers mixed reactions from crypto community

From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana.