The FTX Recovery Trust launched its fourth creditor distribution on March 31, 2026, as scheduled. Payments are now arriving in accounts. Eligible creditors should receive funds by April 2 or 3 at the latest, within the one to three business…
FTX Collapsed in Fraud. Its Investment Portfolio Would Be Worth $50 Billion Today
Analysis FTX Bankruptcy March 2026 The Numbers FTX collapsed in November 2022 in the largest crypto fraud in history. Its investment portfolio at the time was worth approximately $4.7 billion That same portfolio, held to today, would be worth an…
Crypto Layoffs 2022 to 2026: From the Crypto Winter to the AI Pivot
Analysis Updated March 2026 Key Numbers Crypto firms cut approximately 9,500 jobs in 2022, with the largest spike following the FTX collapse in November. CoinDesk tracked nearly 30,000 crypto job losses through March 2023, spanning both the 2022 bear market…
FTX lines up $2.2 billion payment for creditors in March
The estate of collapsed crypto exchange FTX plans to distribute approximately $2.2 billion to creditors on March 31, according to a statement from FTX Recovery Trust. The upcoming payment forms part of the ongoing Chapter 11 bankruptcy process and follows…
Will FTX repay $1.6B to creditors starting on September 30?
FTX will release $1.6 billion to creditors at the end of the month, marking a third major payout since the exchange collapsed in November 2022. The FTX Recovery Trust says distributions begin on September 30 for users who completed verification…
Did Backpack Buy FTX EU to Expand Crypto Trading in Europe?
Backpack, a crypto trading platform with roots in the crypto industry’s former giants, has made significant strides by acquiring the European operations of FTX. This strategic acquisition, worth $32.7 million, positions Backpack to expand its derivatives offerings within the European…
FTX Bankruptcy Approved to Repay Customers After Platform Collapse
The collapse of FTX marked one of the most significant financial events in the cryptocurrency sector, creating shockwaves across the global financial markets. Customers, investors, and creditors were left in a lurch, as billions of dollars worth of assets were…
Galois Capital fined by SEC for improper asset handling with FTX
Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…
FTX Customers to Vote on Billion Dollar Repayment Plan
FTX, once a titan in the cryptocurrency exchange world, now faces a pivotal moment in its bankruptcy saga. The next few weeks will be crucial for the customers of the failed exchange as they vote on a compensation plan designed…
FTX Announces Nearly Complete Fund Recovery for Customers Following Collapse
In a stunning turn of events, FTX, the cryptocurrency exchange that experienced a notorious collapse, has announced that nearly all of its former customers will be able to recover almost 100% of the funds they lost during the tumultuous period.…
$285 Million Gone in 12 Minutes: How the Solana DeFi Hack on Drift Protocol Actually Happened
On April 1, 2026, Solana’s largest DeFi perpetuals exchange, Drift Protocol, lost $285 million in 12 minutes. The team posted on X to confirm it was real, not an April Fool’s joke. By the time most users saw the warning,…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
