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Investors Scooping FTX Bankruptcy Claims Approximately 35% of Debt Value
The digital assets analysts announced the discovery of investors actively pursuing FTX bankruptcy claims, anticipating profitable returns during the settlement of the existing debt. The analysts point out
Hong Kong Authorities Denies Access to JPEX Citing Ongoing Probe
The Hong Kong enforcement officers detained 11 individuals linked with the alleged fraudulent activities orchestrated via the crypto exchange JPEX. Besides making the arrest, the Hong Kong police
Andreessen-Backed Eco App’ Shifting Towards Noncustodial Crypto Services
The fintech wallet application Eco revealed advanced plans to gradually fade out the custodial features as it prioritizes expanding scope on noncustodial services. The fintech wallet application backed
Tether Restores USDT Collateralized Lending, Insisting on Excess Reserves
Stablecoin issuer is rescinding its decision to terminate the provision of collateralized loans. The firm behind the leading stablecoin USDT by market capitalization, as per Coin Gecko, is
Sam Bankman’s Alameda Triggered Bitcoin’s 87% Plunge in 2021
A former employee at the embattled Alameda Research has revealed that a trader within the FTX trading arm punched the wrong decimal. The 2021 error led to a
Stanford University Returning Over $5.5M Received From FTX
The quest to recover billions of dollars lost during the reign of Sam Bankman-Fried at FTX took another twist as the bankruptcy estate sued the parents for orchestrating
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