The fourth round of reimbursements to creditors and former clients of the failed crypto exchange since February 2025 brings the total paid to about $10 billion. Update (March 19 at 2:52 pm UTC): This article has been updated to include Sam Bankman-Fried’s transfer to a different federal facility. Additional reporting by Turner Wright. The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto exchange, announced on Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026. Read more
Bitcoin bull market optimism has suffered since the October crash, as chances of an extended BTC price drop below $55,000 increase. Bitcoin (BTC) may go as low as $55,000 in 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways: BTC price has a 65%-71% chance of dropping below $55,000 before Dec. 31, according to prediction markets. Read more
Romania's finance ministry has rejected all bids submitted by investors at an auction of RON600 million worth of government bonds, held on Thursday, March 19.