Tag: repay

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FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs

February 6, 2023

FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds…
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Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout

January 25, 2023

The Australian crypto exchange had $23.4 million of digital assets locked on FTX when it collapsed and FTX’s Australian subsidiary went into administration. Australian cryptocurrency exchange Digital Surge appears to have narrowly avoided collapse, despite having millions of dollars in digital assets tied up in the now-bankrupt FTX crypto exchange. On Jan. 24 local time,…
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