News with the tag "FTX 2.0"

Lawyers for FTX said it plans to fully repay customers and says it has abandoned its plan to restart the exchange.

FTX the defunct crypto exchange and its sister company Alameda Research recently moved a hefty sum of crypto funds. According to the on-chain data analysis firm Lookonchain, FTX, and Alameda Research have reportedly shifted $23.59 million worth of assets across 19 different tokens to various leading...

In a pivotal move within the complex FTX bankruptcy saga, the Official Committee of Unsecured Creditors has responded to the FTX 2.0 Customer Ad Hoc Committee, shedding light on the intricacies of the proposed reorganization plan. This development, set to unfold in mid-December, is poised to redefin...

As per the Delaware bankruptcy court document filed on Wednesday, November 29, crypto exchange FTX is looking to sell shares of its Grayscale and Bitwise investment funds worth a staggering $873 million combined. FTX is reportedly holding shares of five Grayscale Trusts and one Bitwise trust. FTX Se...

As the events at crypto exchange Binance unfold, FTX’s native FTT token has witnessed a mega price rally gaining over 55% over the last 48 hours. At press, the FTT token is trading 30% up at a price of $4.63. FTT Token Whale Accumulation FTX’s native token FTT has registered a staggering 337% growth...

The FTX estate is seeking to overturn several deals and transfers made in the days before FTX's bankruptcy filing in another clawback attempt

FTX, the now-discontinued cryptocurrency exchange, has released its plan to categorize its creditors into distinct groups based on their claims. Additionally, the exchange has outlined a potential route for one particular class of claimants to relaunch the FTX platform, involving external investors,...

Defunct crypto exchange FTX.com has filed an initial “Plan of Reorganization” with the U.S. Bankruptcy Court, offering a glimmer of hope for the exchange’s revival. The proposed plan outlines a potential restart, but with a catch – it would only be available to “offshore customers.” The FTX Debtors ...

FTX is inching closer to a potential reboot, with CEO John Ray reportedly opening up the floor to bidders looking to finance the new venture.

In a dramatic turn of events, FTX, the embattled crypto exchange, has garnered interest from 363 potential investors, including heavyweights