LayerZero and FTX Estate reach a settlement, ending a two-year legal dispute over a $45M loan forgiveness and equity stake ...

LayerZero Labs, an innovative player in the omnichain interoperability space, has reached an agreement with the bankruptcy ...

Bryan Pellegrino, the chief executive of the omnichain interoperability protocol LayerZero, has announced a settlement with the FTX estate.

A court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in monetary relief to its customers, the Commodity Futures Trading Commission announced on Thursday. The settlement ...

The reorganization plan for defunct cryptocurrency exchange FTX, still going through bankruptcy proceedings, took effect on Jan. 3 and will allow users to begin receiving repayments. In a Jan.

FTX's reorganization plan to repay debtors is ... However, these repayment calculations are based on the U.S. dollar-value of customer deposits as of November 2022. In other words, customers ...

Leading cryptocurrency exchange Coinbase has clarified that it only has $15 million worth of deposits on FTX. ‘We have no exposure to Alameda Research, and we have no loans to FTX,’ Coinbase ...

The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it ...

In 2025, financial advisors could have a critical role in helping clients navigate billions in repayment from FTX.

The bankruptcy brief on behalf Bankman-Fried blames what it calls the “crypto winter” of 2022 for the run on FTX deposits that led to the exchange’s collapse. A jury, though, concluded that ...