NewsListForTag
Zhu Su posted on the X platform that he finally received the compensation from FTX. After two and a half years, he was happy to get the money back, but he had just deposited it into Bybit.
FTX creditors' representative Sunil revealed that many FTX claims users are currently from jurisdictions that are temporarily unable to participate in the distribution, including Russia, China, Egypt, Nigeria and Ukraine. FTX is reviewing relevant solutions. Among them, China has the largest number of users, accounting for 8% of the total number of customers.
FTX creditor representative Sunil revealed that users in five regions including Russia, China, Egypt, Nigeria and Ukraine are temporarily unable to participate in FTX bankruptcy estate distribution. Among them, China has the largest number of users, accounting for 8% of the total number of FTX users. FTX is reviewing relevant solutions.
SBF, the former CEO and co-founder of FTX, told the New York Sun in a Brooklyn jail that he believes he was wrongfully convicted. Saying his biggest mistake was allowing Sullivan & Cromwell to take over FTX in November 2022, SBF said he should have continued to deal with liquidity issues rather than letting the firm take over and mislead clients. Due to this decision, millions of customers were told that their funds were exhausted and had to wait two years before they started receiving payments,...
Sam Bankman-Fried (SBF), the former CEO and co-founder of cryptocurrency exchange FTX, has taken a pro-Trump stance in his first interview since being jailed, in which SBF claimed he was also a victim of the "politicization of the Justice Department" and that he supports more Republican causes than people know. According to an interview with SBF by The New York Sun, SBF gave $40 million to the US Democratic Party and $5.20 million to the Biden camp in 2020. He is currently in Brussels, New York.
