🥳 #FTT Startup Architect Financial Technologies, founded by former FTX US president Brett Harrison, has received approval from the Bermuda Finance Authority to launch a platform for trading perpetual equity futures. bloomberg
🤔 #FTT SBF: FTX was never insolvent. The $8 billion in customer assets due at the time FTX filed for bankruptcy protection never left the platform, and all customers will receive between 119% and 143% repayment, with about 98% of creditors already receiving 120%. After covering $8 billion in claims and $1 billion in legal fees, there is still $8 billion left.
Previously: FTT fumed at SBF's "GM" tweet.
Previously: FTT fumed at SBF's "GM" tweet.
🤔 #FTT ZachXBT: creditors were paid at the price of cryptocurrencies at the time of FTX's bankruptcy in November 2022, not the current price, resulting in huge losses for users who owned assets like #SOL or #BTC. The illiquid investments costing more today are just a coincidence. You clearly haven't learned anything from your time in jail and are repeating the same misinformation as before.
👀 #FTT FTX lenders spokesperson Sunil stated that the real cryptocurrency repayment rate for FTX lenders ranges from 9% to 46%, and the actual value could be even lower due to the current high cryptocurrency prices. Even with a nominal payout of 143%, lenders will still not be fully funded in real cryptocurrency terms. Projects are expected to provide additional funds to FTX creditors outside of the bankruptcy process. Paradex has already transferred tokens to FTX creditors, and other projects are likely to follow.
🍿 #FTT FTX has withdrawn its petition to create a procedure to assess regulatory concerns in several jurisdictions including China, Russia and Ukraine. theblock.co
🍿 #FTT SBF attorneys argue, that he was wrongfully convicted as a result of a hasty decision made under pressure from the press, prosecutors, the team. bloomberg
🍿 #FTT On Tuesday before the U.S. Court of Appeals for the Second Circuit, SBF's attorney argued that clients would have gotten refunds if there had been enough time. However, the justices rejected that claim. theblock
👍 #FTT Cryptocurrency venture capital fund activity reached $4.6 billion in the third quarter, the second highest quarterly total since the FTX crash. cointelegraph
🤔 #FTT Caroline Ellison of Alameda Research has been placed on what is known as "probation" - now either under house arrest or in a rehab center. businessinsider
🤔 #FTT Caroline Ellison of Alameda Research will be fully released on January 21, 2026. theblock
👮 #FTT Trump shows no interest in pardoning Sam Bankman-Fried (SBF) - NYT
🧑💻 #FTT FTX will conduct the next stage of payouts to creditors on March 31st.
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⚖️ #FTT Sam Bankman-Fried files for a retrial of the fraud case involving FTX.
⚖️ #FTT SBF withdraws motion for a retrial, but his appeal against the verdict and punishment is still pending. link
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🧑💻 #FTT FTX will pay creditors around $900 million as part of the fifth wave of payments. The payouts will begin on July 31.