News list for " creditors"

FTX creditor representative: Compensation should be paid in physical form in cryptocurrency, not in dollar value

The "FTX bankruptcy plan" has been criticized by Sunil Kavuri, the representative of the largest FTX creditor group. Kavuri said that when FTX files for bankruptcy in 2022, the asset manager to be liquidated should be paid in physical cryptocurrency rather than in dollar value. Lawyer David Adler, who represents some of the creditors, also told the court that creditors would face huge taxes if they were paid in cash rather than in kind. Previously, it was reported that the United States...

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2024-10-08 00:35:17

7x24 Newsflash

08:48 2025-03-14
Whale 20 times long on Hyperliquid LINK liquidated, losing $1.076 million
According to @ai_9684xtpa monitoring, the giant whale that was long $LINK with 20x leverage in Hyperliquid has been liquidated, and all 1.076 million USDCs it recharged have lost money. This is the first time he has lost money since March 2. Despite previous profits, this rollover operation was too risky and resulted in losses. This liquidation reduced its cumulative profit from $16 million to $11.31 million.
08:45 2025-03-14
Matrixport: Global liquidity improves, but the Meme market still shows no signs of recovery, and bitcoin risks remain
On March 14, Matrixport reported that despite the recent weakening of the US dollar, global liquidity indicators have rebounded and inflation data have improved slightly, but the meme coin sector in the cryptocurrency market is still sluggish and shows no signs of recovery. According to the report, the counterfeit products market began to decline after peaking in early December 2024, and the meme bubble burst in January this year, causing the total cryptocurrency market capitalization to decreas...
08:39 2025-03-14
Li Auto (LI. O) expects to deliver 8.8-9 3,000 vehicles in the first quarter, up 9.5-15% year-on-year.
Li Auto (LI. O) expects to deliver 8.8-9 3,000 vehicles in the first quarter, up 9.5-15% year-on-year.
08:38 2025-03-14
Li Auto (LI. O) fell more than 5% in premarket trading.
Li Auto (LI. O) fell more than 5% in premarket trading.
08:37 2025-03-14
Li Auto (LI. O) 's Q4 revenue in 2024 was 44.30 billion yuan, compared to 41.73 billion yuan in the same period last year.
Li Auto (LI. O) 's Q4 revenue in 2024 was 44.30 billion yuan, compared to 41.73 billion yuan in the same period last year.
08:36 2025-03-14
50 times the leverage profit of $16 million giant whale long LINK, the liquidation price of $13.37
According to the monitoring of @ai_9684xtpa, the giant whale who once made a profit of 16 million dollars through 50 times leverage on the Hyperliquid platform opened a position again. This time he first made long LINK with 20 times leverage, and recharged 1.076 million USDC to Hyperliquid as a margin 7 minutes ago. He has opened more than 20 times leverage and held 1.45 million LINK (about 20.51 million US dollars). The opening price is $13.78 and the liquidation price is $13.37.
08:35 2025-03-14
Standard Chartered points to the Trump administration's conflicting goals: to weaken the dollar and reduce the trade deficit, while maintaining the dollar's reserve currency status and capital inflows. Click to view...
Standard Chartered points to the Trump administration's conflicting goals: to weaken the dollar and reduce the trade deficit, while maintaining the dollar's reserve currency status and capital inflows. Click to view...
08:32 2025-03-14
The technical summary before the daily US market shows that there are long opportunities for 10 mainstream trading varieties today, including 4 commodities, 3 foreign exchange, and 3 stock index futures!
The technical summary before the daily US market shows that there are long opportunities for 10 mainstream trading varieties today, including 4 commodities, 3 foreign exchange, and 3 stock index futures!
08:27 2025-03-14
Zhu Su accused FTX of selling its assets without authorization in May 2022
Zhu Su, co-founder of Three Arrows Capital, said in a post on X that the FTX exchange exchanged a large amount of cryptocurrency stored by Three Arrows Capital on the platform for US dollars without authorization in May 2022. Stressing that the assets were not "lent" to FTX and that the exchange had no right to dispose of the funds, Zhu Su also said Sam Bankman-Fried (SBF) should not be pardoned and called for his imprisonment for 250 years.
08:23 2025-03-14
Futures Hotspot Tracking
The lifting of the inventory ban has opened the ice-breaking signal. Can the road to the restart of the Panama copper mine go smoothly? What is the impact on copper prices?
08:21 2025-03-14
Crypto.com license issued by VARA Dubai
Crypto.com today received a limited license from the Dubai Virtual Asset Regulatory Authority (VARA), allowing it to offer derivatives trading services in the UAE. This license will enable Crypto.com to launch derivatives products such as futures contracts, perpetual swaps and contracts for difference (CFDs) in regional markets. The company plans to open these products to qualified institutions globally first, and later to accredited investors. The license also provides Crypto.com retail users w...
08:19 2025-03-14
Hong Kong stocks received a review: the Hang Seng Index rebounded strongly and rose more than 600 points during the session, with domestic insurance and pharmaceutical stocks performing well
On March 14th, the Hang Seng Index rebounded strongly today after five consecutive yin, rising more than 600 points in the morning, reaching a maximum of 24113.53 points. In the afternoon, it maintained a high level of volatility, and the increase narrowed. The Hang Seng Technology Index rose by more than 3% in the afternoon. As of the close, the Hang Seng Index closed up 2.12% at 23,959.98 points, and the Branch Index closed up 2.31% at 5880.78 points. The turnover of the Hang Seng Index reache...