Crypto exchange FTX seeks to recover $71 million from its philanthropic subsidiaries

Sponsored
Sponsored
Seven months after the failure of crypto exchange FTX, the restructuring group is trying hard to recover assets scattered by the company within its various subsidiaries. This time it was the turn of “FTX Philantropy,” a non-profit organization that allegedly received in a” non-transparent” way about $71 million from Alameda Research and the now defunct cryptocurrency exchange. Let’s take a look at the details of the news together. FTX crypto exchange trustee wants to recover funds from the company’s philanthropic arm The latest crypto news talks about the willingness on the part of trustee of the defunct exchange FTX to
Sponsored

Go to Source
Author: coinmaker

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

CASHCAT Drops 11% as Traders Watch for a Rebound

Key Highlights CASHCAT has dropped 11% in 24 hours and over 20% in seven days.…

21 hours ago

Binance-Backed SafePal Data Leak Sparks Phishing Fears for 40K Buyers

Crypto hardware wallet provider SafePal has disclosed a security breach that exposed the personal information…

2 days ago

Bitcoin Falls 47% in a Year, Saylor Reveals STRC Up 9% and STRK Down 27%

Bitcoin fell 47% over the 12 months ending August 14, 2026. Still, the four perpetual…

2 days ago

Binance Account Rental Scam: How Fraudsters Lure Crypto Users with Promises of Easy Money

In the steadily maturing Indian crypto industry, scammers are now systematically approaching users on Instagram,…

2 days ago

Crypto Whale Loses $25.6M Again as Weekly Hacks Cross $37M

The week of August 9 to August 15 delivered another rough stretch for crypto security,…

2 days ago

Chainlink Surges 8% as LINK Trading and Futures Activity Climb

Key Highlights Chainlink surged 8.2% to $9.47 as spot and derivatives trading activity increased sharply.…

2 days ago

This website uses cookies.

Read More