Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 01
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- FTX Begins Creditors’ Repayments After Two Years of BANKRUPTCY
- Jan 01, 1970 at 08:00 am TheNewsCrypto
- FTX, which filed for bankruptcy in 2022, has begun repaying creditors under a court-approved plan. The initial phase focuses on small claims under $50,000, expected to be settled within 60 days. The Debtors Plan, effective since January 2025, aims to distribute $14.7-16.5 billion to creditors, representing nearly 119% of claimed account value. Despite criticism over using crypto prices from the collapse date, market analysts speculate FTX's repayments could stimulate the crypto market.
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Oct / 09
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- Will WhiteBit Explore BANKRUPTCY? Signs Point to This Possibility
- Oct 09, 2023 at 03:43 pm U_Today
- There are signs of a possible bankruptcy in WhiteBit Exchange, as reported by Protos. The exchange, connected to Huobi and Justin Sun, is enticing users with a lucrative 24% APY for depositing USDT for a year. However, this report suggests that such a reward scheme may be explored to cover up liquidity issues. The connection between WhiteBit and Huobi is evident through frequent fund transfers and the consistent rewards tied to Justin Sun's stablecoins.
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