1 dni temu
FTX to Distribute $7.1 Billion to Creditors Starting February 2025
FTX will begin distributing $7.1 billion to creditors through scheduled payouts starting February 2025. The first distribution of $454 million is set for February 18, 2025, targeting claims under $50,000 at 120% of face value. A second payout of $5 billion will follow on May 30, 2025, covering claims exceeding $50,000 at 72.5% of claim value, with additional distributions planned for subsequent years.
Wybrane
1 dni temu
10-27
Binance Founder Changpeng Zhao Receives Presidential Pardon for Anti-Money Laundering Violations
Binance founder Changpeng Zhao received a presidential pardon from U.S. President Donald Trump on October 21, 2025, for failing to maintain an effective anti-money laundering program. The pardon, confirmed by the U.S. Department of Justice's clemency register, follows Zhao's previous sentence of a $50 million fine and four months of imprisonment. Zhao plans to focus on his family office, YZi Labs, and advisory roles in the cryptocurrency sector.
10-27