Eversheds Sutherland said its clients hold roughly $1.6 billion worth of custody assets on FTX which should be prioritized in the repayment process.
Christian Nwobodo 2 min read 
Despite reports of the bankruptcy filing, Yahoo Finance data showed that Core Scientific stocks grew by 3% at the close of the trading market on Dec. 20.
The former FTX CEO is one step closer to returning to the United States.
The fund spared $325,000 to support 12 developers in total — Gleb Naumenko and Furzy earned highest amount at $50,000 each.
As a part of the restructuring process, FTX's new management led by John Ray III said it will set up a process to accept refunds from recipients of SBF's donations.
Coinbase CEO Brian Armstrong called for a level playing field between local and foreign firms operating within the crypto space.
Bitcoin addresses tied to the collapsed exchange transferred $1.7 million this weekend.
If there are billions of dollars to account for within the bankruptcy investigation — which is the case — then the majority of victims are likely retail customers that had non-whale balances.
Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10.7 billion,
