The new Netflix show The Altruists will explore the world of cryptocurrency scandals and Julia Garner and Anthony Boyle will ...

Circle, the issuer of the USDC stablecoin, has frozen approximately $58 million associated with the LIBRA memecoin scandal, ...

Crypto exchange giant Coinbase is set to join the S&P 500 on Monday. It's the latest stunning development as Trump completely ...

After months of legal battles and uncertainty, FTX creditors are finally getting some relief, with a fresh $5 billion in settlements headed their way. But the real story isn’t just about refunds, it’s ...

FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May ...

FTX will pay over $5 billion to creditors with approved claims on May 30. Eligible creditors completed KYC, tax forms, and provider selection by April. Claims are valued based on November 2022 prices, ...

FTX Recovery Trust to distribute over $5 billion to creditors starting May 30, marking second payout under bankruptcy plan. Distribution process involves strict eligibility requirements and ...

John J. Ray III, Plan Administrator of the FTX Recovery Trust, said: "These first non-convenience class distributions are an important milestone for FTX. The scope and magnitude of the FTX ...

Ray III said Thursday in the statement. “The scope and magnitude of the FTX creditor base makes this an unprecedented distribution process.” Under the recovery plan, members of creditors Class 5—a ...

Not all FTX account holders will be reimbursed in the second distribution of assets, but the trust said it will send more than $5 billion “within 1 to 3 business days” of May 30. More than two ...

The Trump administration has allowed 17 family members of Mexican cartel leaders to enter the United States, according to officials in Mexico. The Justice Department has not commented on the ...