#BitGo

[todayscroll]

Galaxy Digital brings staking to BitGo amid legal tussle

Galaxy Digital brings staking to BitGo amid legal tussle

[bitcoinversed]

BitGo and Swan Announce Plans for America’s first Bitcoin-Only Trust Company

Both BitGo and Swan announced today they plan to launch a US-based Bitcoin-only trust company. The collaborative endeavor is awaiting regulatory green light, but once approved it will act as a trust company, handling Bitcoin custody, oversight, and stewardship for its beneficiaries.

No Altcoins Welcome: A Bitcoin Purist’s Dream

Cory Klippsten, the mind steering Swan, provides a perspective we’ve sorely lacked, Read More

[cryptotechnews24]

Nike's .SWOOSH Collaborates with Fortnite for Virtual Sneaker Experience

Nike's Web3 community platform, .SWOOSH, has joined forces with the immensely popular online multiplayer game Fortnite to introduce a unique virtual experience. This collaboration brings an extensive audience to Nike's .SWOOSH, leveraging Fortnite's staggering user base of over 240 million individuals who have logged into the game in the past 30 days alone.

Airphoria: A Sneaker Enthusiast's Dream

One of the highlights of this partnership is the launch of "Airphoria," a joint effort between Nike, Epic Games (the creator of Fortnite), and the branded game builder Beyond Creative. Available exclusively within Fortnite until June 27, this island allows players to immerse themselves in a digital environment where they can earn coveted digital sneakers.

The Air Max 1 '86 Back Bling: A Reward for Players

Any Fortnite player who spends a minimum of 10 minutes exploring the Airphoria island will receive the Air Max 1 '86 Back Bling, a digital sneaker accessory. This exclusive reward can be claimed through Nike's .SWOOSH platform as an "achievement." It's important to note that achievements are non-transferable and lack monetary value.

Nike's Expanded Collaboration with Fortnite

The collaboration between Nike and Fortnite doesn't stop at the Airphoria experience. Nike has also introduced several other digital items in partnership with the game, such as the Airie and Maxxed Out Max outfits, which players can acquire from the Fortnite Item Shop. To enhance the overall gaming and sneaker collecting experience, players are encouraged to link their Epic Games and .SWOOSH accounts. By doing so, they gain priority access to a forthcoming .SWOOSH Air Max virtual collection. According to Epic Games, this account linkage enables seamless integration of virtual goods, including Fortnite skins and Nike achievements, across different platforms.

The Role of BitGo: Crypto Custody Provider

.SWOOSH relies on BitGo, a reputable crypto custody firm, as its third-party wallet provider. This partnership ensures secure storage and management of digital assets associated with Nike's .SWOOSH platform, including digital sneakers and other collectibles.

NFT Sneakers: Our Force 1 Collection

Recently, .SWOOSH introduced its inaugural collection of non-fungible token (NFT) sneakers called Our Force 1. Despite facing occasional delays, the collection achieved remarkable success, surpassing $1 million in primary sales. According to data from Polygonscan, the collection consists of 62,250 OF1 boxes, priced at $19.82 each. It's worth mentioning that the author of this article is a proud owner of one of these exclusive NFT sneakers. On June 15, Nike allowed NFT holders to unveil their digital collectibles, offering a glimpse into future rarity traits and potential utility. .SWOOSH emphasizes that certain Nike digital collectibles provide unique advantages, such as access to limited physical product drops, live experiences, video game integration, and more.

Expanding Digital Creations: Nike's Collaboration with EA Sports

In a bid to extend the reach of its digital creations, Nike's digital arm, Nike Virtual Studios, recently partnered with EA Sports, a renowned video game developer. Through this collaboration, digital assets from Nike's .SWOOSH platform will find their way into the EA Sports gaming ecosystem. EA Sports, a division of Electronic Arts, publishes popular games like FIFA and Madden NFL, among others.

Conclusion

The collaboration between Nike's .SWOOSH and Fortnite has created an extraordinary virtual experience for gamers and sneaker enthusiasts alike. Through Airphoria and other digital offerings, players have the opportunity to earn exclusive digital sneakers, with achievements and rewards accessible via .SWOOSH. Moreover, the integration of Nike's digital creations into the EA Sports gaming ecosystem promises further excitement and possibilities for fans of both brands. As Nike continues to expand its presence in the digital realm, it demonstrates a forward-thinking approach that bridges the worlds of fashion, gaming, and technology. For more articles visit: Cryptotechnews24 Source: coindesk.com

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[idkripblog]

Coinbase Isyaratkan Peluncuran cbBTC di Tengah Kontroversi Wrapped Bitcoin oleh BitGo

[postmodernmulticoloredcloak]

From La Stampa (translated from Italian):

“Make Finance Great Again,” Trump family makes its own cryptocurrency and allies with Silicon Valley It will be called “World Liberty Financial,” will have tech investors and real estate developers from Chase Herro and Zak Folkman to Steve Witkoff inside. Sons Eric and Donald Jr. will coordinate. And his backer Tyler Winklevoss jokes, “Donald has been orange-pilled, indoctrinated.” Jacopo Iacoboni Sept. 17, 2024 Updated 11:00 a.m. 3 minutes of reading

They want to do a kind of “make finance great again,” along the lines of MAGA, the election slogan and the Make America Great Again campaign. Donald Trump's sons, Don Jr. and Eric, of course with their father's imprimatur, are about to launch a new cryptocurrency platform that will be called “World Liberty Financial,” and will allow users to make even massive transactions without a bank getting in the way and extracting fees (and with a very low level of tax tracking, it should be added). A couple of concepts familiar to bitcoin fans, for example, but which the Trump family now has ambitions to decline on a large scale. It is not certain that this marriage between Trumpism and decentralized finance, DeFi, is a harbinger of only positive developments. The board of “World Liberty Financial” will also consist of former crypto investors such as Chase Herro and Zak Folkman, and Steve Witkoff, a real estate developer and old friend of Trump. But thanks to documents filed with the U.S. Federal Election Commission that we have been able to read we know that in general the entire Trump campaign - Make America Great Again Inc. - received money not only from Musk, but cryptocurrency from billionaire twins Cameron and Tyler Winklevoss, who lead the cryptocurrency company Gemini: about $3.5 million in Bitcoin on July 19, the day after Trump's speech at the Milwaukee convention. The Winkelvosses also poured in money to America PAC, the tech investor-backed group that Musk helped launch in 2024 (Trump had bragged that Musk was giving him $45 million a month; Musk said his contribution is “at a much lower level”). Another co-founder of a cryptocurrency exchange, Jesse Powell, boss of Kraken, and venture capitalists Marc Andreessen and Ben Horowitz (who created a16z) who have invested billions of dollars in cryptocurrency startups, have also made endorsements and poured money into Trump. In short, for the Trump family to embark on this big cryptocurrency project is a natural consequence of the fact that these are almost becoming a Republican asset in the campaign, and the “libertarian” wing of the old Gop is now a kind of very, very rampant ideologized “cyberlibertarianism.” The real boss of the “tech bros” according to many is not Elon Musk, but Peter Thiel. Zuckerberg's longtime partner in Facebook, co-founder of PayPal, Thiel's fortune has at least doubled during the Trump presidency. Palantir-a much-discussed software company variously accused of extracting data from Americans and profiling them-has managed to get a contract from the Pentagon. Other donors to MAGA Inc include Jacob Halberg, Palantir's princely analyst, and Trish Duggan, a wealthy Scientology funder and friend of the tech bros. Trump's vice presidential candidate, J. D. Vance, traveled to Silicon Valley and the Bay Area, celebrating a dinner at the home of BitGo CEO Mike Belshe, 100 people each pouring in between $3,300 a plate and a $25,000 roundtable. Trump in 2021 called bitcoin a “fraud against the dollar.” A few weeks ago, speaking in Nashvill at the bitcoin fan conference, he promised, “The United States will become the crypto capital of the planet.” Better than his friend Putin's Russia, although this Trump did not say so explicitly. The fact is that after his speech, Tyler Winklevoss ran on X (now the realm of cyberlibertarians) and joked that Donald had been “orange-pilled,” making a Matrix analogy, had been “indoctrinated,” or had finally seen the real reality behind the appearances.

[questglt]

Certainly! Here are some cryptocurrency wallet development companies based in the USA:

Coinbase: A leading cryptocurrency exchange that also offers a wallet service.

Blockchain.com: Provides a popular cryptocurrency wallet and blockchain explorer.

Gemini: A cryptocurrency exchange and custodian that offers a secure wallet.

Edge (formerly Airbitz): Offers a user-friendly cryptocurrency wallet with a focus on security and privacy.

Exodus: Provides a multi-cryptocurrency wallet with a sleek design and intuitive interface.

BitGo: Offers institutional-grade cryptocurrency custody and wallet solutions.

BRD: Formerly known as Breadwallet, it offers a simple and secure mobile cryptocurrency wallet.

Coinomi: A multi-asset cryptocurrency wallet with a strong focus on privacy and security.

MyEtherWallet (MEW): Specializes in Ethereum and ERC-20 token wallets, offering both web and mobile versions.

Trezor: Known for its hardware wallets, Trezor offers secure cold storage solutions for cryptocurrencies.

These companies are among the prominent players in the cryptocurrency wallet development space within the USA.

[blockinsider]

David Sacks, Trump’s Crypto Chief, Declares End to Industry Harassment at Landmark Summit

Key Points

David Sacks, Crypto & AI Czar, announces end to cryptocurrency industry persecution at a press conference.

Senator Bill Hagerty introduces a new Stablecoin Bill aiming to provide clear regulations for stablecoin issuers.

David Sacks, the Crypto & AI Czar, held a significant press conference, emphasizing the crucial role of cryptocurrency in the US economy and its strategic importance. This conference built on the promises made by the Donald Trump administration.

End to Crypto Persecution

Sacks stated that the cryptocurrency industry is emerging from four years of arbitration prosecution and persecution. Notably, companies like Coinbase Global Inc, Kraken Exchange, and Binance faced legal obstacles under the Joe Biden administration.

These firms encountered various legal issues, primarily due to the absence of clear regulations. For example, the US Securities and Exchange Commission (SEC) under Gary Gensler initiated legal action against Kraken for its staking services. Interestingly, the SEC itself has recently launched similar services.

Regulatory Clarity and Stablecoin Bill

This situation aligns with the offerings launched by Galaxy Digital and BitGo earlier in the week. Experts indicate that Congress has yet to pass new regulations to provide clarity in this sector. However, based on statements from the press conference, this regulatory landscape is expected to change under the current administration.

Highlighting the readiness to bring clarity to the market, Senator Bill Hagerty introduced a new Stablecoin Bill at the conference. With efforts to gain bipartisan support, it is anticipated that the Bill will pass and pave a new way for stablecoin issuers.

The Bill’s provisions clearly define the roles of State and Federal regulators in stablecoin administration. With the stablecoin ecosystem valued at $227 billion, clear regulations are expected to boost market optimism.

To conclude the conference, Sacks stressed the need for proper education to help the public understand the value of blockchain innovations.

Please stay tuned for further updates on this developing story.

[gadgetsforusesblog]

The FTX Bahamas pays for starting from February. 18

FTX has confirmed its readiness for the Bahamas creditors this month to introduce repayment, which is ahead of the huge disbursement expected in Q1 2025. FTX will begin the repayment of the creditors on the Bahamas Bahamas February. 18 via Bitgo, one of its distribution partners selected the banking reorganization hearing. Sunil Kavuri, a spokesman of the largest FTX creditor group, said the…

[oliverethanrobin]

Top 50 Cryptocurrency APIs for Developers: Harnessing the Power of Public APIs

In the fast-growing world of cryptocurrencies and blockchain, developers require seamless access to reliable data and functionalities to build applications like wallets, trading platforms, decentralized apps (dApps), and analytics tools. Cryptocurrency APIs (Application Programming Interfaces) are indispensable for developers, offering pre-built tools to interact with blockchain networks, fetch market data, and execute transactions.

Public cryptocurrency APIs play a crucial role by simplifying access to blockchain features, empowering developers to focus on innovation rather than infrastructure. This blog explores the top 50 cryptocurrency APIs for developers, showcasing their key features and use cases to help you choose the best tools for your project.

What Are Cryptocurrency APIs?

Cryptocurrency APIs are software interfaces that allow developers to interact with blockchain networks and cryptocurrency services. These APIs provide access to real-time data, wallet management, blockchain analytics, and much more.

Key Features of Cryptocurrency APIs:

Real-time market data and price tracking.

Blockchain transaction and wallet management.

Smart contract deployment and interaction.

Multi-blockchain support for cross-chain applications.

Trading functionalities for exchanges.

Why Public Cryptocurrency APIs Are Vital for Developers

1. Simplified Blockchain Access

Public APIs eliminate the need to set up complex blockchain infrastructure, providing developers with easy access to blockchain networks.

2. Real-Time Data

APIs deliver real-time updates on prices, transactions, and market trends, enabling developers to create responsive applications.

3. Cost and Time Efficiency

Instead of building functionalities from scratch, developers can leverage pre-built APIs, saving time and resources.

4. Scalability

APIs are designed to handle growing user demands, ensuring your application remains responsive as it scales.

Top 50 Cryptocurrency APIs for Developers

Here’s a comprehensive list of the top cryptocurrency APIs for developers, categorized by their key functionalities.

Market Data APIs

CoinGecko APIProvides price data, market capitalization, and historical data for thousands of cryptocurrencies. Use Case: Building market analytics tools.

CoinMarketCap APIOffers detailed insights into cryptocurrency prices, rankings, and market trends. Use Case: Portfolio management platforms.

Nomics APIDelivers real-time and historical market data with robust accuracy. Use Case: Trading platforms and price prediction models.

CryptoCompare APISupports data for prices, trading volumes, and news aggregation. Use Case: Building trading dashboards.

Messari APIOffers advanced data for market research and financial modeling. Use Case: Crypto analytics tools.

Blockchain Transaction APIs

Blockchain.com APITracks Bitcoin transactions, wallet balances, and block data. Use Case: Bitcoin wallet applications.

BlockCypher APISupports multi-blockchain operations, including Bitcoin, Ethereum, and Litecoin. Use Case: Blockchain analytics and payments.

NOWNodes APIProvides access to full blockchain nodes for over 50 networks. Use Case: Transaction verification and data querying.

Bitquery APIEnables querying blockchain data across multiple chains. Use Case: Compliance and auditing platforms.

Etherscan APIOffers Ethereum block and transaction data, along with smart contract interaction. Use Case: Ethereum dApp development.

Wallet Management APIs

Coinbase APIManages wallets and facilitates cryptocurrency payments. Use Case: Payment gateways and wallet apps.

Tatum APISupports wallet creation, address generation, and blockchain transactions for over 40 networks. Use Case: Multi-currency wallet applications.

Gemini APISecure wallet integration and cryptocurrency transfers. Use Case: Secure payment solutions.

BitGo APIOffers enterprise-grade wallet solutions with multi-signature security. Use Case: Business-oriented wallet platforms.

Celo APISpecializes in wallet management and decentralized finance (DeFi) tools. Use Case: Mobile-first blockchain wallets.

Trading APIs

Binance APIProvides trading functionalities, order management, and real-time market data. Use Case: Automated trading platforms.

Kraken APIEnables trading, market data access, and portfolio tracking. Use Case: Crypto exchange applications.

Bitfinex APISupports advanced trading features and historical market data. Use Case: Trading bots and exchanges.

Huobi APIFacilitates order placement and access to liquidity pools. Use Case: Decentralized trading apps.

Coinbase Pro APIOffers trading and market analytics tools for professional traders. Use Case: Institutional-grade trading platforms.

Smart Contract APIs

Alchemy APIStreamlines Ethereum smart contract deployment and analytics. Use Case: Building DeFi platforms.

Moralis APISimplifies interaction with smart contracts across multiple blockchains. Use Case: Web3 and dApp development.

Infura APISupports Ethereum and IPFS connectivity for decentralized applications. Use Case: Smart contract-based gaming platforms.

Chainlink APIProvides secure oracle services for integrating external data into smart contracts. Use Case: DeFi and insurance platforms.

0x APIOffers tools for building decentralized exchanges and liquidity aggregation. Use Case: NFT and token marketplaces.

Cross-Chain and Interoperability APIs

1inch APIAggregates liquidity across decentralized exchanges for optimized trading. Use Case: Cross-chain trading applications.

Polkadot APIEnables interoperability between blockchains using Polkadot’s relay chain. Use Case: Cross-chain dApps.

Cosmos APISupports interoperability and blockchain communication within the Cosmos network. Use Case: Interconnected blockchain ecosystems.

Ripple APIFacilitates cross-border payments and remittances. Use Case: Global payment systems.

Hyperledger Fabric APIOffers enterprise-grade solutions for permissioned blockchain networks. Use Case: Supply chain and finance platforms.

Additional APIs for Specialized Use Cases

The Graph API: Blockchain querying for dApp developers.

Aave API: Tools for DeFi lending and borrowing platforms.

Uniswap API: Liquidity pool data for decentralized exchanges.

SushiSwap API: Decentralized finance tools for yield farming.

PancakeSwap API: BSC-based DeFi platforms and token trading.

OpenSea API: NFT trading and marketplace tools.

QuickNode API: Blockchain node-as-a-service.

BitMex API: Advanced derivatives trading tools.

FTX API: Cryptocurrency futures and options trading.

Balancer API: Portfolio rebalancing in DeFi.

Choosing the Right API for Your Project

When selecting an API for your cryptocurrency project, consider:

Blockchain Compatibility: Ensure it supports your chosen blockchain(s).

Features: Match the API’s functionalities with your project needs.

Security: Opt for APIs with robust encryption and authentication.

Scalability: Ensure it can handle increasing transaction volumes.

Conclusion

Public cryptocurrency APIs have transformed blockchain development by providing developers with powerful tools to build applications quickly and efficiently. Whether you’re developing wallets, exchanges, dApps, or analytics platforms, the APIs listed above cater to diverse use cases and industries.

Partnering with experienced blockchain development services can further enhance your project, ensuring seamless API integration and scalability. The future of blockchain innovation lies in leveraging the right APIs—make your pick and start building the next big thing in crypto!

Visit : https://justtrytech.com/cryptocurrency-exchange-development-company/

[quantarai]

How Asia's New Leader is Attracting Global Blockchain Giants

Singapore is stepping up as Asia’s leading crypto destination by refining its regulations and attracting global companies. The Monetary Authority of Singapore (MAS) has already licensed over 200 payment institutions, including big names like Okx, Upbit, and Bitgo, under the Payment Services Act (PS Act). With its clear regulations and support for innovation, Singapore is positioning itself as a…

[newsclickofficial]

Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as part of their reserve portfolios. Belshe remarked that the shift to a more favorable administration and the existence of ETFs have driven this change. Bitgo CEO Remarks on Change of Stance Regarding Bitcoin in the […]

[blockchainfeed]

BitGo CEO Mike Belshe’s Bullish Outlook: Bitcoin Set for Gains in 2025 BitGo CEO Mike Belshe is riding high on optimism for Bitcoin’s future, forecasting significant gains in 2025. His confidence stems from a combination of regulatory improvement #Blockchain #Crypto

[cryptogirl2024]

FTX/Alameda has nearly cleared all WLD holdings from its balance sheet and now holds 334,000 WLD, which is valued at roughly $800K. The firm had 25 million WLD from investments, of which multiple transactions were carried out to distribute its holdings.

The largest transaction took place today and two weeks ago. In total, 21,856,000 WLD valued at $58.77 million were transferred to five custodial wallets on the BitGo platform. Analysts believe that these tokens might have been offered to large investors or institutions in over-the-counter transactions. This constitutes a relatively large part of the original stock position.

[buyprofit]

Банкротство FTX: Реорганизация биржи, компенсация клиентам и рост цены токена FTT

Банкротство FTX: Реорганизация биржи, компенсация клиентам и рост цены токена FTT

Процесс банкротства некогда одной из крупнейших криптобирж FTX выходит на завершающий этап. Как стало известно, план реорганизации, предложенный управляющими, был одобрен и вступит в силу 3 января 2024 года. Основной целью этого плана является предоставление компенсаций клиентам, пострадавшим от колоссального краха биржи в ноябре 2022 года. 

В соответствии с документом, пользователи смогут начать получать выплаты в течение 60 дней после вступления плана в силу. Выплаты будут осуществляться через два ключевых партнера: платформу BitGo и криптобиржу Kraken. Это знаменательное событие для рынка криптовалют, который пережил массовое потрясение после краха FTX.

Токен FTT вырос на фоне новостей о реорганизации

Новости о принятии плана реорганизации вызвали резкое оживление на крипторынке. Токен биржи, FTT, несмотря на почти двухлетнюю процедуру банкротства, продолжает торговаться и неожиданно продемонстрировал рост на 30%.  

На первый взгляд, этот всплеск может показаться парадоксальным, учитывая разрушительное влияние банкротства FTX на весь рынок. Однако рост стоимости токена объясняется надеждами инвесторов на частичное восстановление потерянных активов и улучшение условий компенсации.  

FTT остается доступным на платформах вроде Binance, что позволяет трейдерам продолжать торги данным активом. Однако эксперты рекомендуют подходить к подобным инвестициям с осторожностью из-за высокой волатильности и рисков.

Падение FTX: урок для всей криптоиндустрии

Крах FTX стал одной из самых громких историй в мире криптовалют. В ноябре 2022 года биржа, считавшаяся одной из крупнейших и наиболее надежных, оказалась неспособна справляться с обязательствами перед клиентами. Это спровоцировало массовый вывод средств и привело к коллапсу экосистемы биржи.  

Банкротство FTX также вызвало цепную реакцию на рынке, повлияв на курс целого ряда криптовалют. Многие трейдеры терпели убытки, что привело к росту обеспокоенности насчет прозрачности и устойчивости криптокомпаний.

Несмотря на начальные попытки восстановить деятельность биржи, управляющие банкротством окончательно отказались от этих планов в начале 2024 года. Это зафиксировало точку в истории FTX как крупного игрока отрасли.

Юридические последствия: Сэм Бэнкман-Фрид за решеткой

Невозможно говорить о крахе FTX без упоминания ее основателя и бывшего генерального директора Сэма Бэнкмана-Фрида. После долгих разбирательств он был приговорен к 25 годам тюремного заключения за мошенничество и хищение средств клиентов.  

История Бэнкмана-Фрида и его биржи стала уроком для всей криптоиндустрии, подчеркнув важность надежного управления активами, прозрачной отчетности и соблюдения законодательства.  

Судебный процесс над бывшим топ-менеджментом FTX также ��апомнил инвесторам о важной роли регулирования в мире цифровых активов. Множество пользователей теперь с большим скепсисом относятся к централизованным платформам.

Для клиентов FTX, пострадавших в результате банкротства, важен каждый шаг, приближающий их к получению компенсации. Хотя пока остается неясным, какая сумма будет возвращена, действия управляющих банкротством, а также участие таких крупных платформ, как BitGo и Kraken, внушают некоторый оптимизм.

Форум: https://buy-profit.ru/ ВК: https://vk.com/buyprofitvk Pinterest: https://ru.pinterest.com/BUYPROFITpin/ Телеграмм: https://t.me/buyprofitTg

[thesocialchronicles]

Users affected by FTX’s 2022 crash will begin receiving bankruptcy distributions, with the option to receive payouts in stablecoins, through Kraken and BitGo. The FTX estate confirmed that its bankruptcy disbursement plan will become effective on January 3, 2025, following court approval by U.S. District Judge John Dorsey in October. Sunil Kavuri, a spokesperson for FTX’s largest creditor group, identified Kraken and BitGo as the confirmed distribution partners, citing the platforms’ payment capabilities. According to Kavuri, customers will have the option to receive repayments in stablecoins. FTX Claims: DistributionFTX has uploaded two distribution partners – Bitgo and Kraken with a third coming soonto the FTX Claims Portal pic.twitter.com/x48fogTQZE— Sunil (FTX Creditor Champion) (@sunil_trades) December 16, 2024 The plan, ruled by Judge Dorsey in Delaware, approved 98% of creditors to receive 118% of their claim value in early October. FTX’s decision to repay users in cash drew criticism from Kavuri and other bankruptcy claimants. Yet, court documents showed that 94% of creditors with claims against the crypto exchange voted “Yes” to the plan. This group comprises nearly $7 billion in claims, according to the reorganization plan. Bankruptcy administrator John J. Ray III commended his interim team for recovering about $16 billion in assets and cash for FTX creditors. Ray took over as CEO in late 2022, replacing Sam Bankman-Fried. Companies under the FTX umbrella, such as Alameda Research, also collapsed, and several of Bankman-Fried’s top associates signed plea deals with federal prosecutors in exchange for lighter sentences. By November 2023, Bankman-Fried was found guilty on seven charges and sentenced to 25 years in prison for fraud. Under CEO Ray’s leadership, the defunct crypto exchange has worked to reconstruct the remnants of Bankman-Fried’s one-time crypto empire. For the past two years, our team of professionals have meticulously and efficiently worked to recover billions of dollars to reach this point. The Plan becoming effective in January 2025 and the start of distributions are reflections of the outstanding success of the recovery efforts. John J. Ray III, FTX CEO 2024-12-16 19:13:30 https://crypto.news/app/uploads/2024/02/crypto-news-FTX-repaying-option05.webp