FTX | ForkLog - Part 2

ForkLog 16 30.04.2025

FTX Sues Gaming Platform Delysium Over Unpaid Tokens

The bankrupt exchange FTX has filed lawsuits against the NFT marketplace Stars and the blockchain gaming company Kurosemi, operating under the Delysium brand. The accusation states that both companies failed to deliver tokens owed to the trading platform. (1/3) FTX today announced that to recover estate assets, FTX has commenced legal action against certain token […]

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ForkLog 18 05.04.2025

FTX Rejects Nearly 400,000 Compensation Claims

The liquidators of the bankrupt exchange FTX disqualified at least 392,000 compensation claims as of April 2. The invalidation of claims is due to violations of KYC requirements and affects users who did not initiate the identity verification process by March 3. The firm did not specify the total value of the compensation for the […]

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ForkLog 10 30.03.2025

FTX to Commence Compensation Payments Exceeding $50,000

The liquidators of the bankrupt exchange FTX will begin processing compensation claims of $50,000 and above starting May 30. This was reported by Bloomberg, citing the firm’s lawyers. According to FTX attorney Andrew Dietderich, the funds for these payments will be drawn from the $11.4 billion accumulated since the bankruptcy. The distribution “will take time.” […]

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ForkLog 78 27.03.2025

Sam Bankman-Fried Moved to Transit Center Following Tucker Carlson Interview

FTX founder Sam Bankman-Fried (SBF) has been transferred to a federal transit center in Oklahoma City. According to WSJ, his relocation began on March 26 following an unauthorized video interview with Tucker Carlson from a Brooklyn prison. Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He […]

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ForkLog 16 14.03.2025

3AC Liquidators Raise Claims Against FTX to $1.53 Billion

The liquidators of the bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have been permitted to increase their claim against the bankrupt crypto exchange FTX from $120 million to $1.53 billion, according to court documents. Chief Judge John Dorsey dismissed objections from the trading platform’s debtors, who argued that the amendment to 3AC’s Proof of […]

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ForkLog 16 13.03.2025

FTX and Alameda Wallets Unstake $23 Million in SOL

Wallets associated with the bankrupt FTX and Alameda have unstaked 185,000 SOL, valued at $22.89 million, according to the analytics service EmberCN. FTX/Alameda 每月十来号的固定 SOL 转出时间：6 小时前从质押赎回 18.5 万枚 $SOL ($22.89M)，然后分发转移给 38 个地址。多数收到 SOL 的地址后续会把 SOL 转进 Coinbase 和 Binance。 FTX/Alameda 质押地址从 2023 年 11 月以来，已经通过上面这种方式累计赎回并转出了 784.5 万枚 SOL ($10.0878… https://t.co/epaUndyaye pic.twitter.com/8hmIMJEb6F — 余烬 (@EmberCN) […]

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ForkLog 9 04.03.2025

FTX and Alameda Wallets Unstake $431 Million in SOL

Addresses linked to the collapsed FTX and Alameda have unlocked 3.03 million SOL valued at $431 million. Of these, 24,799 tokens ($3.38 million) were transferred to Binance, according to analysts at Lookonchain. Of the 3.03M $SOL($431.3M) unstaked by FTX/Alameda today, 24,799 $SOL($3.38M) has been deposited to #Binance.https://t.co/D4j4l4yNuFhttps://t.co/uLkjQFwVId pic.twitter.com/ig2Jl2CcXl — Lookonchain (@lookonchain) March 4, 2025 Data […]

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ForkLog 12 21.02.2025

SBF Labels FTX Collapse a ‘Liquidity Crisis’ and Seeks Pardon

Sentenced to 25 years in prison, FTX founder Sam Bankman-Fried (SBF) reiterated in an interview with The New York Sun that at the time of its collapse, the exchange was solvent but illiquid. He added that the law firm Sullivan & Cromwell mishandled the bankruptcy proceedings. “At that time, there were enough assets to pay […]

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ForkLog 10 18.02.2025

FTX Initiates First Wave of $1.2 Billion Creditor Payouts

Former clients of the bankrupt platform FTX with assets up to $50,000 have begun receiving initial payouts on the Kraken exchange and via the BitGo service.

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ForkLog 12 31.01.2025

Bloomberg Reports SBF’s Parents Seek Presidential Pardon

The parents of FTX co-founder Sam Bankman-Fried (SBF) are exploring avenues to secure a presidential pardon for their son from Donald Trump, according to Bloomberg. A source told the publication that Stanford professors Joseph Bankman and Barbara Fried have recently met with lawyers and individuals allegedly close to Trump’s team to assess the prospects of […]

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ForkLog 9 09.01.2025

FTX disputes Backpack Exchange’s claim to have bought FTX EU

FTX’s liquidators called Backpack’s statements about an alleged acquisition of FTX EU and the reimbursement of former customers “misleading”. The FTX Debtors today provided clarification on certain statements by Backpack relating to Backpack’s purported acquisition of FTX EU. Read more here: https://t.co/WVwfNXBKRj — FTX (@FTX_Official) January 8, 2025 FTX said the company, founded by former […]

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ForkLog 6 27.12.2024

Former FTX Executive Ryan Salame’s Prison Term Reduced

Ryan Salame, the former head of the Bahamian division of the cryptocurrency exchange FTX, will serve one year less than his original prison sentence in Cumberland, Maryland, USA. This information is available on the Federal Bureau of Prisons website. In September 2023, he pleaded guilty to criminal charges related to the collapse of FTX. These […]

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