The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection in November 2022 amid a liquidity shortfall and fraud disclosures, the firm has […]
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Korean Court Sentences Accomplices in V Global Crypto Fraud to Suspended Prison Terms
A South Korean court has given suspended prison sentences to three individuals involved in the V Global cryptocurrency fraud. Suspended...