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FTX Japan has created systems to refund crypto assets to customers after suspending withdrawals in the previous month.According to reports, FTX Japan looks to refund customers from February next year following the spectacular FTX crash. In a statement, the exchange’s Japanese subsidiary explained that it is developing a process that facilitates customer recovery of
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A group of non-U.S. FTX customers are pushing to have their names and private information redacted from court documents as part of the crypto exchange’s Chapter 11 bankruptcy process.In a Dec. 28 joinder filing, the “The Ad Hoc Committee of Non-US Customers of FTX.com” (Ad Hoc Committee) stressed that publicly
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The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back.The collapse of the crypto exchange FTX-led to more than a million active customers losing their digital asset holdings. These customers have now come forward
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A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather
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While the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to get their money back first. A class lawsuit initiated by four individuals demands priority access to frozen funds of the company for its customers, not investors. The
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Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data and payment documents. Bill Restricts Russian Banks and Brokers From Sending
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More than one million creditors of failed crypto exchange FTX have been waiting to be made whole since before the firm’s bankruptcy filing on Nov. 11, but according to one expert, recipients of donations and contributions may have a legal means of returning the funds directly to investors and customers. Louise
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BlockFi intends to delete all “attempted” withdrawals after the platform pause from the user interface to sort out any confusion.Crypto lender BlockFi, which filed for bankruptcy on the 28th of November, has filed a motion with a US court to resume withdrawals for customers with crypto locked in its wallet
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Former FTX CEO Sam Bankman-Fried, currently in the custody of Bahamian authorities, has reportedly agreed to be extradited to the United States to face charges.According to a Dec. 19 report from Reuters, Bankman-Fried’s legal team said it planned to prepare documents to have him reappear before the Bahamas Magistrate Court
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Binance CEO Changpeng Zhao (CZ) commended the United States business entity and urged them to ‘keep building’.Cryptocurrency exchange Binance.US has announced that registered customers can now use its Pay services at zero cost. In a bid to attract more customers amid the ongoing crypto winter, the largest cryptocurrency exchange by
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