The bankrupt FTX cryptocurrency exchange's debtors have submitted a revised Chapter 11 reorganisation proposal, suggesting that the worth of customer asset claims will be retrospectively determined from the moment the exchange collapsed in November 2022.Continue Reading
The bankrupt crypto exchange FTX has received approval to sell approximately $873 million worth of trust assets, aiming to reimburse creditors affected by the exchange's 2022 collapse. Continue Reading
The recent implosion of one of the largest global centralised cryptocurrency exchanges, FTX, has sent the cryptocurrency world spiralling. However, this is nothing new for Bitcoin, as despite this most likely being the worst black swan event in its infancy, it has survived multiple exchange implosions, deep bear markets and miscellaneous strict regulation.Continue Reading
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