FTX Token spikes 70% amid looming bankruptcy distributions

The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.

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SEC charges fund adviser Galois Capital for FTX crypto custody

The fund allegedly lost about half of its assets following FTX's collapse. 

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What the Crypto Market Could Experience as FTX Prepares to Repay Creditors $16B

Crypto investors express mixed reactions as popular defunct exchange FTX prepares to repay $16 billion to creditors by next quarter. …

The post What the Crypto Market Could Experience as FTX Prepares to Repay Creditors $16B first appeared on The Crypto Basic.

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FTXs $16 Billion Reimbursement Set to Spark Significant Market Shifts

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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. 

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FTX creditors only getting '10-25% of their crypto back' creditor

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

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FTX creditors only getting 10-25% of their crypto back Creditor

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

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FTX Fallout: Caroline Ellisons Cooperation Leads to 2-Year Sentence

Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, was sentenced to two years in prison by a federal judge in New York on Tuesday, according to the report. The decision came after her cooperation with prosecutors helped convict Bankman-Fried. Even though she was praised for her help, the judge […]

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Bankman-Frieds Ex-Colleague And Girlfriend Caroline Ellison Gets 2-Year Jail Sentence For Her Role In FTX Collapse

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Sean Diddy Combs Shares the Same Prison Cell With FTXs Sam Bankman-Fried: Report

Combs and SBF live in the same cell with Mexico's former secretary of public security and the former president of Honduras.

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Former Alameda Research CEO Caroline Ellisons Sentencing Revealed

Ellison's 'extraordinary cooperation' earns praise from judge but doesnt spare her from jail time in the FTX case.

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Caroline Ellison sentenced to 24 months in prison over FTX fraud

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison. Ellison will also forfeit $11 billion Caroline Ellison, the former chief executive officer of Alameda Research, has been handed a 24-month prison sentence. Ellison, who pleaded guilty to charges related to her role in the collapse of crypto exchange FTX […]

The post Caroline Ellison sentenced to 24 months in prison over FTX fraud appeared first on CoinJournal.

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Breaking: Caroline Ellison sentenced to 2 years in prison

The former head of Alameda Research will serve her sentence in a minimum-security prison. 

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Bitcoin poised for potential rally as FTX payout looms and Fed shifts

The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.

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Crypto PR exec relishes skepticism around crypto marketing

Serotonin CEO Amanda Cassatt highlighted that marketing is a mechanism for perpetrating the fakery and the scams.

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What to expect at Caroline Ellisons sentencing hearing

The former Alameda Research CEOs lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24?

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Is Tether the Next FTX? Investor Fears Grow Over $118B Stablecoins Transparency Issues

Tether, a $118 billion stablecoin giant, has been under pressure for not going through third-party audits, which is fuelling fears of a liquidity crisis similar to the collapse of FTX. A Cyber Capital founder, Justin Bons, recently stirred controversy by calling Tether a monumental scam that eclipsed both FTX and Bernie Madoff in scale. His […]

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SEC says it could challenge FTX crypto repayment plan

The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it reserves its rights to challenge transactions involving crypto assets.

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Silvergate Capital files for Chapter 11 bankruptcy in Delaware

The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.

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Partner of ex-FTX exec pleads not guilty to campaign finance charges

Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.

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