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FTX files amended reorganization plan, expects between $14.5 billion-$16.3 billion for distribution
Reuters via AOL· 3 days agoFTX said it has anticipated the figure based on monetizing assets, most of which were investments...
FTX customers are getting a rare good deal. Here’s why some are still angry
CNN Business via Yahoo Finance· 2 days agoPeople who had money in FTX at the time of its collapse nearly 18 months ago got very lucky this...
Genesis and LedgerPrime alum raise $28 million for Arbelos, a crypto trading rival to Jane Street
Fortune via Yahoo Finance· 3 days agoAs institutional money floods into crypto, the industry veterans are building a derivatives-focused...
FTX customers will get their money back and more—but the biggest winners are bankruptcy traders
Fortune· 3 days agoJohn Ray, FTX’s CEO who replaced Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has been in charge of cobbling together the estate’s assets. “John and the team absolutely ...
Crypto group with 440,000 members launches PAC to target House, Senate elections
Reuters via Yahoo Finance· 19 hours agoA cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from...
Most FTX customers will get their money back soon after crypto collapse
WCNC Charlotte· 1 day agoFTX says that nearly all of its customers will receive the money back that they are owed, two years...
FTX customers will recover all funds lost by collapsed crypto exchange
The Independent via Yahoo News· 3 days agoCollapsed crypto exchange FTX has announced that customers will recover all of their funds lost...
BlockFi partners with Coinbase for fund distribution, shuts down web platform
The Cointelegraph· 22 hours agoBankrupt crypto lender BlockFi is completing its wind-down of operations, revealing its intention to shut down its web platform in May. BlockFi has partnered with Coinbase to allow clients to ...
Open Source: New lawsuit targets Red Hat’s DEI efforts. A familiar name is behind it.
Raleigh News and Observer via AOL· 16 hours agoI’m Brian Gordon, tech reporter for The News & Observer, and this is Open Source, a weekly...
FTX to Return Stolen Money to At Least 98% of Affected Customers
iTech Post· 2 days agoFTX is guaranteed to distribute rightful compensations to around 98% of the defrauded customers as...