FTX pencils deal to access $600M in Robinhood shares

PANews ｜2024-09-10 12:33

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.

Author：PANews
This content is only to provide market information and does not constitute investment advice.

Comment

Recommend Reading

PANews

2024-09-10

SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023
PANews

2024-09-10

North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
PANews

2024-09-10

2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
PANews

2024-09-10

FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
PANews

2024-09-10

US, Canadian investors to get full compensation in GSB Group settlement
PANews

2024-09-10

Judge issues temporary stay in Kalshi v. CFTC election betting case

Selected Features More

84 articles

Cycles as Friends: 2023 Review and 2024 Outlook

After the ups and downs of 2023, the crypto industry is finally ushering in a special year - 2024, when the fourth halving of Bitcoin will take place.

258 articles

Beyond digital gold: BRC-20 and inscriptions, opening a new chapter for Bitcoin

The old tree is blooming with new flowers, and the Bitcoin ecosystem is becoming the focus of the whole scene. Ordinals, BRC-20, ORC-20... New terms are emerging one after another. How to explore this newly opened "holy land"? PANews has launched the special topic "Old Trees Blooming with New Flowers: From 0 to 1, a Complete Explanation of Bitcoin Ecology" to interpret the "new era" of Bitcoin for you.

517 articles

New Project Selection: Capturing the New Web3 Narrative

Web3 is entering an era of great development, with new projects emerging continuously. This special topic collects, organizes, and screens these new projects, hoping that readers can capture new narratives from them.

61 articles

$4.3 billion settlement: The CZ era ends, and Binance moves closer to compliance

In the early morning of November 22, Beijing time, the Ministry of Justice held a press conference to announce Binance’s settlement. Binance agreed to criminal charges and paid a fine of $4.3 billion. CZ resigned and Richard Teng will take over as Binance CEO.