FTT price on the edge as FTX creditors brace for $1.6B payout on Sept. 30
FTX creditors will receive $1.6B in reimbursement tomorrow. This is the 3rd major distribution in the bankrupt firm’s restructuring program. FTT has lost $1 psychological mark after hitting $1.20 peaks…
FTX Token soars after jailed former CEO Bankman-Fried’s post on X
A single “gm” post on X from an account linked to SBF drove a 60% FTT price surge, highlighting the market’s volatility. FTX’s $1.6 billion creditor payout looms, potentially impacting…
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims
Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than…
Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market
In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe. The upcoming $5 billion payout from the FTX Recovery Trust could be a shot in…
FTT posts slight gains as FTX prepares $5B in distributions
FTX Token recently slipped amid news of $5 billion distributions But what does FTX distributions mean for potential FTT price movement? Broader market sentiment may also dictate price direction for…
FTX Token surges 14% ahead of $5B creditor distribution
FTX Token (FTT) has jumped nearly 14% in the past 24 hours, surging as the market reacts to the latest FTX news. On May 15, FTX announced its $5 billion…
MEXC unveils exclusive FTX creditor event with a prize pool exceeding 300,000 USDT
MEXC to host FTX creditor event with a 300,000 USDT prize pool. The event runs from Feb 27 to Mar 18, 2025, and offers up to 0.1 BTC. This event…
FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has…
Bitcoin Pepe, FTT and BTC price prediction ahead of FTX payouts
Upcoming FTX payouts may see traders position ahead, which means the altcoin to watch in the next week could be the native FTX Token (FTT). However, the payouts and a…
FTX to begin customer repayments in early 2025
FTX will begin customer distributions in January in January 2025. The exchange collapsed in November 2022, with major repurcussions for the greater industry. FTX debtors will commence customer distribution in…