No, FTX distribution payments do not begin on September 30
According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms.
Related Posts
3AC co-founder avoids contempt charges following evidence of Singaporean citizenship
Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court's jurisdiction. 213 Total views 23 Total shares A judge in the bankruptcy case of defunct crypto hedge fund Three Arrows Capital (3AC) has denied a motion that would have…
Singapore bolsters fintech hub with Global Finance Technology Network
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.
Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the letter published on July 2.The letter was also addressed to Facebook, with Mark Zuckerberg himself cc’d, and asked that the social media giant wait until Congress and regulators have scrutinized…
Hawkish Fed, stocks market rally, and crypto falling behind
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has been falling behind the stock market after the Fed’s hawkish stance. 378 Total views 1 Total shares Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms,…
Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor
The MVRV-Z Score is a tried and tested bottom indicator, but it is not back at base yet, one analyst warns. 1724 Total views 17 Total shares Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows.Data from sources including on-chain analytics firm Glassnode shows…
Here are the most predictable tokens of 2021 – for those who knew where to look
Digital assets’ past performance is never a guarantee of future price movement. There are never two identical situations in the crypto marketplace, so even historically similar patterns of a token’s behavior can be followed by starkly different price action charts.Still, crypto assets’ individual history of price action often rhymes, giving those who can ready this…
Crypto miners stole $723M of electricity in Malaysia since 2018: Report
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation.
How blockchain can help reimagine a new state in Africa
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. 321 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn episode 12 of Cointelegraph’s Hashing It Out podcast, Eche Emole, co-founder of…