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FTX Recovery Trust Postpones $5 Billion Creditor Payments, Impacting China Amid Legal Reviews

The FTX Recovery Trust has delayed $5 billion in creditor repayments, predominantly impacting China due to stringent regulatory restrictions on digital assets. ...

FTX Bankruptcy Estate Considers Legal Risks of Bitcoin Payouts to Creditors in China and Other Restricted Jurisdictions

FTX’s bankruptcy estate faces legal uncertainty in distributing payouts to creditors in countries with restrictive cryptocurrency regulations, including China and Russia. ...

FTX Bankruptcy May Limit Bitcoin Recovery for Users in 49 Jurisdictions, Including China

FTX bankruptcy proceedings reveal significant recovery restrictions for users across 49 jurisdictions, with Chinese claimants facing the most severe limitations. Over...

Robinhood’s Tokenized Stock Launch on Arbitrum May Influence HOOD Stock and Market Dynamics

Robinhood has officially launched tokenized stocks on the Arbitrum Layer 2 network, marking a significant step in integrating traditional financial assets with...

FTX Begins Repayments to Creditors, Highlighting Potential Recovery Through Solana Asset Appreciation

FTX has officially begun repaying its creditors, marking a pivotal moment in the aftermath of one of the largest cryptocurrency bankruptcies in...

Onchain Data Suggests Potential Bitcoin Rally Amid HODL Dominance and Low New Buyer Activity

Onchain data reveals promising signs of a Bitcoin price rally, driven by stablecoin inflows and long-term holder behavior despite short-term price softness. ...

FTX’s Michelle Bond Case May See Potential Resolution as SDNY Requests Trial Delay

The interim US Attorney for the Southern District of New York has requested a trial delay to facilitate discussions on a potential...

Galaxy Digital May Expand Early-Stage Crypto Investments With $175 Million Venture Fund

Galaxy Digital has successfully raised $175 million for its inaugural externally backed venture fund, signaling a strategic shift towards supporting early-stage crypto...

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