FTX finalizes settlement with Emergent over $600M Robinhood shares claim



Crypto Law



10 September 2024



Cointelegraph by Martin Young



Original blog post

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.

This is a syndicated article. To read the full article, click here.

← Previous: SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’ Next: SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023 →

BTC correction ‘almost done,’ Hailey Welch speaks out, and more: Hodler’s Digest, Dec. 15 – 21

22 Dec, 2024

Bitcoin correction approaching a conclusion, Hawk Tuah influencer releases statement, and more: Hodlers Digest

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

21 Dec, 2024

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

Relationship building is a hedge against debanking — OKX exec

21 Dec, 2024

Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.

Open chat

Hello 👋, How can we help you?

📱 When you've pressed the BlockFo button, we automatically transfer to WhatsApp 🔝🔐

🖥️ Or, if you use a PC or Mac, then we'll open a new window to load your desktop app.