FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since repayments began in 2025.
Charles Hoskinson Stands On $70M BTC Payment From 2016 Manx Entity: Critics Want the Paper Trail
Cardano News: Charles Hoskinson is defending a 1,096 BTC allocation from Cardano’s early foundation structure, an amount worth roughly $454,000 when it was moved in March 2016 and approximately $70 million at current prices. Hoskinson, speaking in…
FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details
In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves…
Gemini Customers to Receive Assets at 232% Above Original Value
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has made a significant announcement regarding its Earn program. Users who participated in Gemini Earn are set to receive their digital assets back in-kind, resulting in an…