FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
Slated cash repayments to FTX creditors could create a wave of bullish “buying pressure” in the crypto market, says K33 Research analysts. FTX is set to pay a minimum of…
Small creditors put at risk by latest FTX bankruptcy development
A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The transfer has…
Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
Solana dropped 5% in a day amid further FTX sell-off concerns, and current trader positions suggest $125 million is in jeopardy if it were to bounce back as it has…
Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
While FTX’s new amended proposal promised “billions in compensation,” creditors are unhappy with a particular clause related to law firm Sullivan & Cromwell (S&C). FTX’s new amended proposal to repay…
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