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Backpack Exchange May Explore Acquiring FTX Claims to Aid Creditors Using Solana Blockchain
Backpack exchange is making headlines with its strategic move to acquire FTX creditor claims from users in China and Russia, aiming to...
Solana Nears Key Support Amid Triangle Pattern, Possible Breakout If $170 Level Is Reclaimed
Solana (SOL) is currently navigating a critical juncture near key support levels, with traders closely monitoring a converging triangle pattern that could...
BlockFi and DOJ Possibly Settle $35 Million Crypto Asset Transfer Lawsuit Amid Bankruptcy Proceedings
BlockFi’s bankruptcy administrator and the U.S. Department of Justice have reached a pivotal settlement to resolve a $35 million crypto asset transfer...
Trump May Consider Pardons for Binance’s CZ and Other Crypto Figures Amid Legal Challenges
US President Donald Trump has granted multiple pardons to prominent figures in the cryptocurrency sector, signaling a notable shift in the political...
Malta’s MiCA Crypto Licenses Appear Secure Amid ESMA Peer Review and Regulatory Recommendations
Malta continues to assert its leadership in EU crypto regulation despite recent scrutiny from European authorities, reinforcing its commitment to robust oversight...
FTX Bankruptcy Proposal Faces Legal Challenge Over Potential Exclusion of Chinese Bitcoin Creditors
FTX’s recent proposal to exclude creditors from 49 jurisdictions, including China, has sparked legal opposition, highlighting critical issues in crypto bankruptcy settlements.
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FTX Estate’s Motion to Pause Repayments Faces Objections from Chinese Creditors Over Legal Restrictions
The ongoing FTX bankruptcy proceedings have taken a complex turn as a motion to pause repayments to creditors in certain countries faces...
FTX Creditors Challenge $470 Million Payout Freeze, Raising Concerns Over Bitcoin Recovery Amid Regulatory Uncertainty
FTX faces mounting legal challenges after freezing $470 million in payouts, sparking significant concerns among creditors, especially in jurisdictions with ambiguous crypto...