Tag: Ankr (ANKR)

Over 200 Victims Appeal to Court as Celsius Founder Mashinsky Awaits Sentencing

**Key Insights:** – Victims of Celsius Network have reported significant financial and emotional distress due to misleading assurances from the company. – Ahead of his sentencing on May 8, Alex ...

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Three Arrows Capital Secures Court Approval to Increase FTX Claim to $1.53 Billion

A US bankruptcy court has granted Three Arrows Capital (3AC) permission to increase its claim against the collapsed exchange FTX to $1.53 billion, a significant boost from the original $120 ...

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FTX’s Reorganization Progresses Following Approval from US Bankruptcy Judge

A U.S. judge has given the green light to FTX’s bankruptcy plan, paving the way for more than $16 billion in repayments to creditors. This development is seen by some ...

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FTX Crypto Holders to Recover Only 10-25% of Lost Assets, Sets $230M for Shareholders

Collapsed crypto exchange FTX has made last-minute changes to its payout plans, setting aside only 10-25% for FTX crypto holders. Further, FTX has allocated $230 million worth of proceeds from ...

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Tether’s Opaque Operations Raise $118 Billion, Sparking Concerns Similar to FTX

Tether, the issuer of the largest stablecoin, USDT, faces mounting scrutiny due to its lack of third-party audits and alleged financial opacity. As concerns spread about a potential collapse akin ...

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