#SAMBANKMANFRIED News

FTX Sets Deadline for Pre-Distribution Requirements, Payments Likely to Start on February

cryptonews.com Bankrupt crypto exchange FTX is preparing to distribute over $1.2 billion in repayments to its users who have been unable to access their funds for more than two years.…

Play With Doge: 9 Games That Feature the Dogecoin Meme Pup

decrypt.co Dogecoin is back in the spotlight, surging to a three-year high price in December amid a broader crypto market spike, not to mention continued promotion from Elon Musk, who…

Kraken Begins FTX Payouts as Creditors Await Resolution

cryptodnes.bg Kraken has started distributing funds to creditors of the failed cryptocurrency exchange FTX, marking a crucial step in addressing the fallout from its 2022 collapse.…

FTX Funds Distribution Begins: Kraken Sends Emails to Creditors

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

‘Most crypto projects will not survive’

ambcrypto.com None Gary Gensler claimed that most altcoin projects with no fundamentals will fail. • None The outgoing chair was proud of his legacy and called for appropriate disclosures…

Outgoing SEC Chair Gary Gensler Takes Parting Shots at Crypto Industry

decrypt.co SEC Chair Gary Gensler continued to take shots at crypto on his way out the door Wednesday, echoing previous comments as he again characterized the industry as “rife with…

FTX didn’t know Backpack bought its EU arm

blockworks.co This is a segment from the Lightspeed newsletter. To read full editions, subscribe. On Tuesday, we reported that Backpack had purchased FTX EU in a $32.7 million deal. The…

Gary Gensler Blasts Crypto Market On His Way Out

bitcoinist.com In an interview with David Gura on Bloomberg Markets on Wednesday, outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler reviewed his tenure and the role of…

XRP Case News: Why Gary Gensler Believes Most Crypto Projects Are Set to Fail?

coingape.com Ahead of the key U.S. SEC’s deadline to file its principal brief regarding appeals in the XRP case, Gary Gensler reiterates anti-crypto statements such as “crypto is rife…

Backpack Addresses FTX EU Acquisition Controversy, Plans to Return Customer Funds

cryptonews.com Cryptocurrency exchange Backpack has issued a detailed statement addressing the ongoing controversy surrounding its acquisition of FTX EU, a European entity previously…

Crypto industry blasts SEC Chair Gensler's continued 'arrogance'

cryptoslate.com Crypto stakeholders have criticized the outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler for his continued hostility toward the crypto industry. In a…

FTX CTO Gary Wang avoids prison time

techcrunch.com Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today.…

FTX Bankruptcy Estate Hits Out Over 'Unauthorized' Sale of FTX EU to Backpack Exchange

coindesk.com The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda…

FTX Breaks Silence On Backpack’s Alleged Acquisition Of The Defunct Exchange

coingape.com FTX issued a formal statement clarifying details surrounding Backpack entities’ claim of acquiring FTX EU Ltd. The clarification, released on January 8, 2025, addresses…

Gary Gensler Maintains Crypt Hostility As He Prepares for SEC Exit

beincrypto.com SEC Chair Gary Gensler had a TV interview today, where he continued to assert his anti-crypto stance. He called the industry “rife with bad actors” and “built around…

Terra Collapse May Have Impacted a Million Victims, Feds Allege in Do Kwon Case

decrypt.co The Terra ecosystem collapse in 2022 didn't make as many headlines as FTX, but the total number of victims could exceed 1 million, according to new court documents. The…

Why These Altcoins Are Trending Today

beincrypto.com , and Aptos (APT) are driving attention today with notable price movements and market activity. BTT has risen nearly 6% in the past 24 hours, forming a bullish golden cross…

US Prosecutor Says Victims of the Terra LUNA Collapse Could Run into Millions

thecryptobasic.com A recent court filing by US prosecutors claims the impact of Do Kwon’s Terra LUNA collapse may have extended to millions of investors. Terra founder Do Kwon’s trial has not…

Meet Jason Marquez: The Truck Driver Who made $750,000 on MicroStrategy

bitcoinmagazine.com Follow Nikolaus On &Xopf Here For Daily Posts This week, I stumbled across one of the coolest posts I’ve seen in a while – Jason Marquez, who says he is “just a Truck Driver…

CEXs and DEXs in 2025: Insights from CoinGecko, Gate.io, and PancakeSwap Leaders

beincrypto.com Decentralized exchanges (DEXs) are growing in popularity among crypto users. In the past year, DEXs have generated significant competition for centralized exchanges (CEXs)…

Backpack Exchange Acquires FTX EU After Approval by Bankruptcy Court and Cyprus SEC

cryptonews.com Backpack Exchange, a cryptocurrency trading platform founded by former FTX and Alameda Research employees, has officially acquired FTX EU, the European arm of the collapsed…

Backpack Exchange Acquires FTX EU: A Game-Changer for Crypto in Europe

coinpedia.org The post Backpack Exchange Acquires FTX EU: A Game-Changer for Crypto in Europe appeared first on Coinpedia Fintech News FTX EU, once a part of the now-defunct FTX empire,…

Former FTX execs buy FTX EU to expand Backpack Exchange in Europe

cryptoslate.com Backpack, a crypto exchange founded by former FTX executives, has taken a significant step into the European market by acquiring FTX EU, the European arm of the defunct FTX…

Fallen Crypto Exchange FTX EU Has a New Owner, but License Remains Suspended

financemagnates.com Remember FTX? The European branch of the once-popular cryptocurrency exchange that became the center of a major scandal in 2022 has just been acquired. Backpack has become…

Hong Kong Deepfake Scam Group Caught Pretending to Be Rich Single Women

decrypt.co Hong Kong police have intercepted over HK$34 million (US$3.37 million) in scam proceeds as part of an elaborate operation targeting victims through the use of artificial…

Top Crypto News This Week: Jupiter Airdrop Update, Do Kwon Second Hearing, and More

beincrypto.com Several events feature among the top crypto news this week, with this article giving traders and investors a chance to get ahead of the respective ecosystem developments.…

FTX Begins $16 Billion Repayment Today, Marking A Positive Turn For The Crypto Industry

bitcoinist.com Rumors are swirling through the cryptocurrency community regarding the commencement of FTX’s long-awaited $16 billion repayment plan to creditors, a move that has garnered…

FTX Repayments Process is Now Active; Users to Receive Funds in 60 Days

beincrypto.com FTX has announced that its bankruptcy plan took effect on January 3, marking a critical step in its efforts to reimburse creditors. On the same day, registration for…

Dogecoin Fan Elon Musk Pumps CumRocket Meme Coin

decrypt.co A lot of rockets have taken off under Elon Musk’s watch, but the tech CEO and SpaceX co-founder just boosted one billed as digital ejaculate—for the second time. The price…

US Court Appearance Scheduled For Do Kwon Amid Claims Of $40 Billion In Crypto Losses

bitcoinist.com Do Kwon, the South Korean entrepreneur behind the failed cryptocurrencies TerraUSD and Luna, is set to appear in a Manhattan federal court on Thursday, facing serious…

Terraform Labs Co-Founder Do Kwon Pleads Not Guilty in US Court

cryptopotato.com Do Kwon, the co-founder of Terraform Labs, has pleaded not guilty to United States fraud charges related to the $40 billion Terra LUNA crash in 2022. Only two days ago, the…

Terraform Labs' Do Kwon Pleads Not Guilty to US Fraud Charges

financemagnates.com Do Kwon, the co-founder of the bankrupt Terraform Labs, pleaded not guilty to fraud charges brought against him by US prosecutors for his role in the $40 billion TerraUSD…

Do Kwon Pleads Not Guilty to U.S. Fraud Charges After Extradition from Montenegro

cryptonews.com Terraform Labs co-founder Do Kwon entered a U.S. courtroom on Thursday for the first time following his extradition from Montenegro and pleaded not guilty to multiple fraud…

Do Kwon pleads not guilty in US court over Terra ecosystem collapse

cryptoslate.com Terraform Labs co-founder Do Kwon appeared in court on Jan. 2 in the US and pleaded not guilty to fraud charges linked to the $40 billion implosion of the TerraUSD (UST)…

Do Kwon Pleads Not Guilty in First US Court Appearance

beincrypto.com Do Kwon made his first appearance in a US court today, facing federal fraud charges. Kwon entered a plea of “not guilty,” local reporters have claimed. The US Justice…

Crypto criminals who are spending their first New Year’s in prison

cointelegraph.com From Sam Bankman-Fried to the man responsible for hacking Bitfinex, many convicted felons are ringing in 2025 behind bars.

How bullish is Anthony Scaramucci? He’s buying a new Lambo as even Democrats embrace crypto

dlnews.com If crypto needs any more evidence of a bull market, Anthony Scaramucci has good news. The founder and managing partner of SkyBridge Capital has ordered a new Lambo. He’s…

Montenegro Completes Do Kwon’s Extradition to the US

beincrypto.com According to reports, Montenegro has completed the legal extradition process of Terraform Labs co-founder Do Kwon to the US. He is facing fraud charges linked to the $40…