After Returning Billions Last Year, FTX Starts Another Creditor Payout Round
[ad_1] Collapsed crypto exchange FTX Trading Ltd. said it will begin a new round of creditor payments on March 31, 2026, as part of its Chapter 11 restructuring process. Earlier in 2025, the company began returning funds under the plan, starting with a $7 billion payout in February. A second distribution of about $5 billion […]
bitFlyer Agrees to Acquire FTX Japan K.K.
[ad_1] bitFlyer Holdings has entered into an agreement to acquire 100% of the share capital of FTX Japan K.K.. After obtaining approval from the U.S. Bankruptcy Court, FTX Japan will become a wholly owned subsidiary of the bitFlyer Holdings.With this acquisition, new services leveraging synergies within the group are expected to be developed. https://bitflyer.com/pub/20240620-bitFlyer-Agrees-to-Acquire-FTX-Japan-K.K-en.pdf [ad_2] […]
Ex-prosecutor Denies Promising Not to Charge FTX Exec’s Partner
[ad_1] Danielle Sassoon, one of many US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary listening to involving a take care of one of many firm’s executives. In a Thursday listening to within the US District Courtroom for the Southern District of New York, Sassoon testified […]