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


Fundstrat’s Tom Lee: Current Bitcoin Misery Index Never Been Reported in Bear Market
Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin (BTC) sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published on April 19.During the interview, Lee noted that through 2018, the BMI has…

Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story
The CEO of cryptocurrency exchange Binance has vowed to sue industry media outlet The Block over alleged false reporting.In an ongoing Twitter exchange on Nov. 22, Changpeng Zhao, known as CZ in crypto circles, promised to take legal action over an article that claimed Binance’s Shanghai office was receiving attention from Chinese police.CZ to The…

To work for everyone, the Metaverse must be decentralized
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.What’s in a name? A whole metaverse is what one could be led to believe when looking at the buzz…

What Crypto Exchanges Do to Comply With KYC, AML and CFT Regulations
While it’s possible to buy top cryptocurrencies like bitcoin (BTC) and ether (ETH) in the over-the-counter (OTC) market, most people will need an exchange in order to buy other altcoins. Exchanges are simply an important component of the system that makes the crypto market tick. Regulators around the world have identified this, which is why…

DeSantis is right — CBDCs will lead to absolute government control
Arguing over the prudence and implications of issuing a central bank digital currency (CBDC) in the United States has seemingly become one of Washington’s favorite icebreakers. As Congress considers the question, it is critical that Americans clearly understand and soberly consider the immense power a CBDC could grant governments as well as the unacceptable risk…

Exchange Partners With University of Luxembourg to Improve Crypto Asset Security
A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23.VNX is a marketplace and trading platform for tokenized venture capital founded in 2017. VNX is a member of fintech incubator the Luxembourg House of Financial Technology (LHoFT),…

COVID-19 Takes an Enormous Toll on Swiss ‘Crypto Valley’
The President of the Swiss Crypto Valley Association, or CVA, said that the Coronavirus pandemic had a major impact on the local crypto ecosystem.A recent report claims that the representatives of nearly 80% of crypto valley’s firms said they will most likely go bankrupt over the next six months. When Cointelegraph asked CVA’s Daniel Haudenschild…

Jump Trading’s Ether dump: Smart move or sign of trouble?
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.