FTX has announced that distributions under its Chapter 11 plan will resume on May 30 2025. Eligible creditors in several claim classes who have completed KYC, tax submissions and onboarding with BitGo or Kraken have been set to receive cash payouts of 54-120 % within three business days.
The post FTX to Deliver Up to 120% Creditor Payout in May 30 Second Distribution Wave appeared first on Cryptonews. …
Archives
Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin
The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC).
The post Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin appeared first on Cryptonews. …
DOJ To Continue Legal Action Against Tornado Cash Developer Roman Storm
The DOJ will proceed with federal charges against Tornado Cash cofounder Roman Storm, while dropping charges related to operating an unlicensed money transmitting business.
The post DOJ To Continue Legal Action Against Tornado Cash Developer Roman Storm appeared first on Cryptonews. …
Brazilian Fintech Firm Méliuz Acquires Bitcoin Worth $28.4M
Méliuz has become the first Bitcoin treasury company in Brazil after shareholders approved the acquisition of $28.4 million Bitcoin.
The post Brazilian Fintech Firm Méliuz Acquires Bitcoin Worth $28.4M appeared first on Cryptonews. …
SEC Probes Coinbase Over Misrepresentation of User Data: Report
Coinbase is under SEC investigation for the accuracy of its reported 100m “verified users” figure, which was initially included in its 2021 public offering but omitted in 2023.
The post SEC Probes Coinbase Over Misrepresentation of User Data: Report appeared first on Cryptonews. …
Top Australian soldier loses appeal over war crimes defamation case
Ben Roberts-Smith says he now intends to appeal the landmark judgement in the High Court.
Smokey Robinson under criminal investigation after sexual assault claims
The Motown legend has denied the allegations and his lawyer welcomed the probe “because exposure to the truth is a powerful thing”.
Watch: Wildlife dyed blue in São Paulo chemical spill
City officials say they are acting to rescue and save the lives of the affected animals.
LA 2028 Olympics plans air taxi service for spectators
The aircraft still aren’t commercially approved but could offer a way around Los Angeles’ notoriously poor traffic.
Colombian police arrest alleged suspect in Peru mine workers’ killings
Thirteen men were kidnapped and killed at a gold mine in Pataz district earlier in May.