Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    SEC Delays Decision on Truth Social Bitcoin ETF

    SEC Delays Truth Social Bitcoin ETF Decision to 2025

    Volcon Purchases 317 Bitcoin, Surpassing 3,500 BTC Holdings

    SEC Delays Decision on Trump’s Bitcoin ETF Proposal

    U.S. SEC Delays Decision on Trump’s Bitcoin ETF

    Grab Introduces Crypto Payment Feature in Philippines

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    XRP vs. SEC Appeals May End by August 15

    Joe Lubin Affirms Ethereum’s Present and Future Significance

    NATIX Network Accelerates Revenue and Major Token Burns

    NATIX Initiates Major Token Burn, Signals Upcoming Developments

    NATIX Announces Major Token Burn and Partnerships

    NATIX Achieves Major Token Burn in AI-Based Initiatives

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

FTX Payouts Frozen in 49 Countries Amid Legal Issues

Joshua T. by Joshua T.
July 4, 2025
in Latest News
Key Points:
  • FTX freezes $500M payouts in 49 countries.
  • Legal constraints cause compensation halt.
  • Chinese users impacted, pursuing legal actions.
ftx-payouts-frozen-in-49-countries-amid-legal-issues
FTX Payouts Frozen in 49 Countries Amid Legal Issues

FTX Recovery Trust has halted payouts in 49 countries, including China, due to legal restrictions, freezing significant assets.

The halt in FTX payouts demonstrates significant legal challenges affecting global cryptocurrency recoveries.

FTX Recovery Trust announced a freeze on crypto payouts to users in 49 countries due to legal barriers. This impacts approximately $500 million in assets, with users in China comprising a substantial portion of claims.
Key players include the FTX Recovery Trust, responsible for overseeing the payout process, and legal representatives of users challenging the restrictions, particularly in China and the U.S. Legal actions have been initiated by affected users seeking compensation for their frozen assets.
The market reaction has been marked by concern, as user assets including Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are held back. The financial implications are significant, with users unable to access their holdings, causing potential financial distress.
Experts predict potential financial and regulatory challenges due to the freeze. Legal proceedings might delay recovery, with historical trends pointing towards lengthy dispute resolutions in previous crypto bankruptcies. Data supports prolonged timelines in such cases.
“I’ve already contacted my lawyer in New York and am waiting for her response. I will definitely take action and will raise objections at every stage.” — Will, Affected Creditor User
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Build & Build Corp Commits $100M to BNB Treasury

Next Post

Metaplanet Leads Bid for Thai Company DV8

Joshua T.

Joshua T.

Related Posts

CoinDCX CEO Denies Coinbase Acquisition Rumors

by Solomon M.
July 29, 2025

CoinDCX CEO Sumit Gupta denies Coinbase acquisition rumors; focus remains on India's crypto growth.

PayPal Enables U.S. Merchants to Accept 100+ Cryptocurrencies

by Solomon M.
July 29, 2025

PayPal's new service allows U.S. merchants to accept over 100 cryptocurrencies, enhancing payment options.

PayPal Enables Crypto Payments with Over 100 Coins

by Solomon M.
July 29, 2025

PayPal launches 'Pay with Crypto' in the U.S., allowing payments in over 100 cryptocurrencies.

PayPal to Enable Crypto Payments for U.S. Merchants

by Solomon M.
July 29, 2025

PayPal announces the acceptance of over 100 cryptocurrencies for U.S. merchants, enhancing global trade options.

SEC Delays Decision on Truth Social Bitcoin ETF

by Solomon M.
July 29, 2025

The SEC postpones the Truth Social Bitcoin ETF decision to September 18, 2025, impacting Bitcoin market insights.

SEC Postpones Truth Social Bitcoin ETF Decision

by Solomon M.
July 29, 2025

The SEC delays ruling on Truth Social Bitcoin ETF to September 18, impacting market sentiment.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.