FTX

FTX repayment

FTX to Begin Customer Repayments on February 18

FTX Digital Markets, the Bahamian arm of the collapsed cryptocurrency exchange, will begin repaying customers on February 18. Creditors in the “convenience class” category, those with claims under $50,000, will receive full repayment along with 9% annual interest since November 2022. FTX has transferred funds to BitGo and Kraken, the two platforms responsible for distributing …

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FTX repayment

FTX Set to Begin Customer Repayments from 3rd Jan ’25

More than two years after its collapse, FTX plans to start repaying customers and creditors early in 2025. The company announced it will implement its Chapter 11 Plan of Reorganization on January 3, 2025. “We are well positioned to begin executing the distribution of recoveries back to all customers and creditors,” said FTX CEO John …

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Coinbase golden state

Coinbase replaces FTX as Golden State Warriors crypto partner

Coinbase has struck a new deal with the Golden State Warriors, positioning itself as the NBA team’s “official cryptocurrency platform and blockchain partner.” This partnership marks a significant moment for both parties, as Coinbase steps into a sponsorship role previously occupied by FTX, the exchange that collapsed in 2022. Key Highlights: Crypto in the NBA …

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