FTX

Backpack has acquired FTX EU for $32.7 million, aiming to offer regulated crypto derivatives in Europe, including perpetual futures. The company is working to reactivate FTX EU's licence and return funds to affected customers while expanding its services in the region.

Alameda Research has filed a lawsuit against Waves founder Aleksandr Ivanov, seeking to recover $90 million allegedly lost in fraudulent transactions involving the Waves token and Vires.Finance. The lawsuit claims Ivanov inflated the value of WAVES while siphoning funds from Vires, and later failed to cooperate in attempts to recover the assets.

破产交易所 FTX 近日对 KuCoin 提起诉讼，要求该交易所返还价值逾 5000 万美元的资产，声称这是属于 FTX 债权人的资金。

Alameda Research is suing KuCoin to recover over $50 million in frozen assets linked to the FTX collapse, claiming KuCoin has unjustly refused to release the funds. KuCoin has stated the assets were frozen due to suspicious activities and is following legal orders regarding the situation.

FTX与Bybit近日达成2.28亿美元的和解协议，Bybit将支付资金以撤销双方间的诉讼，这将帮助FTX进一步回笼资金，用于偿还其债权人。

Nishad Singh, the former director of engineering at FTX, is appealing for leniency in his sentencing scheduled for 30 October 2024, arguing that his role in the company's collapse was limited compared to other executives. His legal team highlights his cooperation with authorities and his expressions of remorse, hoping these factors will influence the court's decision.

FTX has unexpectedly changed its payout plans, allocating only 10-25% of recovered assets to crypto holders while setting aside $230 million for preferred shareholders. Many creditors are outraged, feeling blindsided by these revisions and frustrated that reimbursements are based on much lower asset prices from the time of bankruptcy.

Justin Bons, founder of Cyber Capital, has accused Tether of being a massive fraud, claiming it has not provided any legitimate proof of reserves or undergone a proper audit since 2021. Bons warns that Tether’s lack of transparency and its connections to controversial figures and activities pose a significant risk to the entire crypto market.

Caroline Ellison, former CEO of Alameda Research, will be sentenced on 24 September 2024 for her role in the FTX fraud case, with privacy concerns raised over the redaction of supporters' names in her court filings. Her cooperation with the U.S. Department of Justice may lead to a reduced sentence, despite facing charges that could result in up to 110 years in prison.