The Cyclical Nature of Bitcoin’s Price It has become clear to most investors, especially those who have weathered a few crypto winters, that Bitcoin operates within distinct, approximately four-year cycles. These cycles are characterized by periods of rapid exponential growth, followed by sharp declines and prolonged consolidation phases. For a long time, many believed that…
A significant development has unfolded in the crypto world with the FTX Recovery Trust’s decision to freeze creditor payouts across 49 jurisdictions, including key markets like China and Russia. This impactful move affects approximately 5% of the total $16 billion in claims, serving as a stark reminder of the complex and multifaceted challenges inherent in…
The active chasing of assets for the FTX Estate crypto exchange has taken yet another aggressive step toward pursuing claim recovery for creditors. The newly assembled fiduciary estate now seeks reimbursement for asset fractures from purported digital asset issuers NFT Stars Limited and Kurosemi Inc., accusing the two of not returning underlying cryptocurrency tokens that…
FTX is escalating its legal efforts. In an attempt to recover missing billions in digital assets, the FTX estate and FTX Recovery Trust have sued two crypto companies that allegedly have tokens that they were supposed to relinquish in contractual agreements prior to the firm’s downfall. This litigation indicates that the company is entering a…
