* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

    Bluesman James Montgomery Will Perform In Falmouth – CapeNews.net

    Blues Legend James Montgomery Ready to Ignite the Stage in Falmouth

    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Erie Canal’s 200th anniversary: How a technological marvel for trade changed the environment forever – The Conversation

    Erie Canal’s 200th Anniversary: How a Trade Marvel Transformed the Environment Forever

    Day 5 of Gains Streak for Solidion Technology Stock with 475% Return (vs. -20% YTD) [10/14/2025] – Trefis

    Solidion Technology Stock Rockets for 5th Consecutive Day, Soaring an Astonishing 475% Year-to-Date

    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

    Bluesman James Montgomery Will Perform In Falmouth – CapeNews.net

    Blues Legend James Montgomery Ready to Ignite the Stage in Falmouth

    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Erie Canal’s 200th anniversary: How a technological marvel for trade changed the environment forever – The Conversation

    Erie Canal’s 200th Anniversary: How a Trade Marvel Transformed the Environment Forever

    Day 5 of Gains Streak for Solidion Technology Stock with 475% Return (vs. -20% YTD) [10/14/2025] – Trefis

    Solidion Technology Stock Rockets for 5th Consecutive Day, Soaring an Astonishing 475% Year-to-Date

    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

FTX’s Questionable Claim Valuations Spark Community Distrust And Demand Accountability

March 4, 2024
in Business
FTX’s Questionable Claim Valuations Spark Community Distrust And Demand Accountability
Share on FacebookShare on Twitter

You are here: Home / News / FTX’s Questionable Claim Valuations Spark Community Distrust And Demand Accountability

FTX's Questionable Claim Valuations Spark Community Distrust And Demand Accountability

March 4, 2024 by Kashif Saleem

FTX, the bankrupt crypto exchange is offering a claims process with cryptocurrency valuations for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Binance Coin (BNB) that are much lower than their current market prices. This has triggered questions and worries among crypto investors and users.

According to Wu Blockchain, FTX has set its claim window prices for BTC at $16,871, ETH ($1,258), SOL ($16.24), and BNB ($286). The figures are in clear contrast with the market rates at present which are BTC($62144), ETH($3424.62), SOL ($129.96) and BNB($411.32). This has raised concern about the fairness and transparency of the platform among those affected by FTX’s bankruptcy.

In response to criticisms, PWC issued a statement that gives a clear picture of where FTX stands at the moment. According to PwC, FTX Digital Markets Ltd is in Chapter 11 settlement proceedings along with some affiliated debtors of FTX Trading Ltd. PwC further noted that there is an aim to consolidate assets of both companies’ estates.

The official liquidator of this bankrupt crypto exchange invited creditors to file their e-claims by 15th May 2024. Managed by PwC, the claims portal will start making its first phase interim distributions towards the end of 2024 or the beginning of 2025, while all eligible claims are expected to be in USD denomination.

FTX’s official liquidator notified creditors to submit electronic claims by May 15, 2024. The PwC-managed claims portal is expected to make its first interim distribution in late 2024 or early 2025, with all eligible claims denominated in U.S. dollars. https://t.co/uucEq0IMcD https://t.co/FsVkH5GKvh

— Wu Blockchain (@WuBlockchain) March 3, 2024

FTX Issues Warning On Unauthorized Entities

Through enacting proactive measures, The bankrupt crypto exchange warned its authorized investment manager. In this regard, the exchange has been made aware that some unauthorized entities have started to make bids for specific FTX Debtors, and this has necessitated taking preventive steps by the exchange.

The bankrupt crypto exchange has told its creditors on the X platform via its first communication per month that the court-ordered sale of Digital Assets by FTX Debtors is specifically under Galaxy Asset Management, which is an appointed investment manager. As a result, it is only Galaxy Asset Management that can make sales offers or receive purchase requests.

Moreover, the U.S. Bankruptcy Court for the District of Delaware granted permission to this bankrupt crypto exchange on February 22nd. The sale will enable this exchange to divest its position in Anthropic, an AI company whose value exceeds $1 billion. The decision is a turning point in the insolvency phase and helps predict where the exchange is going with its asset management.

Related Reading | Uniswap’s Layer-2 Breaks Through With $200 Billion Volume Surge

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TronWeekly – https://www.tronweekly.com/ftx-low-asset-valuations-raise-concern/

Tags: businessFTX’sQuestionable
Previous Post

UK Fortifies Crypto Framework To Ensure Market Integrity

Next Post

Bank Of America Embraces Crypto Revolution, Defying Economic Dangers On The Horizon

Equipping agents for the real world with Agent Skills – Anthropic

Unlocking Agent Potential: Mastering Advanced Skills to Tackle Real-World Challenges

October 16, 2025
Comments – The AI boom is propping up the whole economy – Slow Boring

How the AI Boom Is Fueling an Economic Revolution

October 16, 2025
Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

October 16, 2025
Baylor Partners on Up to $28M Initiative to Build Precision Phage Platform for Promoting Public Health – Baylor University

Baylor Partners on Up to $28M Initiative to Build Precision Phage Platform for Promoting Public Health – Baylor University

October 16, 2025
When Public Lands Get Political: What a Hatch Act Complaint Says About the Future of Conservation – NC State University

When Public Lands Become Political Battlegrounds: What a Hatch Act Complaint Reveals About the Future of Conservation

October 16, 2025
‘Rewilding’ promoted as key contributor to conservation efforts – China Daily

How ‘Rewilding’ is Revolutionizing Conservation Across the Globe

October 16, 2025
Arkansas students invited to join 2026 Soybean Science Challenge – KATV

Arkansas students invited to join 2026 Soybean Science Challenge – KATV

October 16, 2025
Free Homeschool science event Nov. 5 in West Bend, WI with author Michael Lane – Washington County Insider

Join Author Michael Lane for a Fun and Free Homeschool Science Event on Nov. 5 in West Bend, WI!

October 16, 2025
My standoff with the Bay Area’s most intimidating new sandwich – Yahoo

My Showdown with the Bay Area’s Most Intimidating New Sandwich

October 16, 2025
A Nobel Prize for explaining when technology leads to growth – NPR

Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

October 16, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (870)
  • Economy (892)
  • Entertainment (21,764)
  • General (17,631)
  • Health (9,934)
  • Lifestyle (904)
  • News (22,149)
  • People (892)
  • Politics (902)
  • Science (16,102)
  • Sports (21,391)
  • Technology (15,871)
  • World (875)

Recent News

Equipping agents for the real world with Agent Skills – Anthropic

Unlocking Agent Potential: Mastering Advanced Skills to Tackle Real-World Challenges

October 16, 2025
Comments – The AI boom is propping up the whole economy – Slow Boring

How the AI Boom Is Fueling an Economic Revolution

October 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version