Ripple's Subsidiary Dominates FTX Bankruptcy Claims
Ripple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.

Ripple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.
FTX's bankruptcy plan raises critical valuation and repayment issues, leaving creditors and the crypto industry in limbo.
FTX Judge's intervention sparks hope for quicker customer fund recovery in the bankruptcy case, yet uncertainties persist, with IRS cautioned about potentially lower-than-expected recoveries amid complex proceedings.
Sam Bankman-Fried's prison experience, marked by unconventional currency use and alleged challenges to living conditions, adds an unexpected chapter to his legal saga. As the legal proceedings continue, the controversy surrounding SBF's actions inside the prison walls raises questions about the complexities of adapting to a new reality while facing serious legal consequences.
Recent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.
The estate of bankrupt crypto firm FTX has filed a lawsuit against Bybit, seeking to recover $953 million transferred to Bybit's investment arm. The legal complaint alleges misappropriation of funds and points to VIP status and questionable withdrawals leading up to FTX's bankruptcy filing.
This crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.
FTX initiates legal action against Bybit and associates in a $953 million asset recovery effort, amidst broader bankruptcy proceedings and ongoing efforts to reclaim funds.
Top enterprises participate in a bidding process with the aim of resurrecting FTX from its financial distress. Meanwhile, SBF’s awaiting sentencing for alleged fund misappropriation.
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As the Bitcoin ecosystem embraces new developments, it finds itself at a fascinating crossroads, getting closer to Ethereum in terms of functionality and innovation.
Pyth launches second airdrop, giving 100M PYTH tokens to 167 dapps. Over 51,000 users claimed 163M tokens in first phase. Pyth aims for gradual token supply increase.
Why is Bitcoin’s second layer scaling getting so much attention? Because everyone has discovered that the second layer of expansion will be the only way for the development and growth of the Bitcoin ecosystem.
U.S. Prosecutors forego second trial for FTX's Bankman-Fried, focusing on sentencing following sufficient evidence from the first trial.
With high performance, DePIN, DeFi and Ethereum alternatives, Solana is back!
ESMA seeks feedback on MiCA regulations focusing on sustainability and transparency.
Binance, the largest cryptocurrency exchange in the world, recently announced it is teaming up again with legendary footballer Cristiano Ronaldo to launch another NFT collection.
The Solana blockchain is back working again after two attempts to fix it. Engineers are monitoring its performance.
The decentralized finance (DeFi) has not been spared from the recent crypto onslaught. This crash that had finally put top ...