repayment

SBF posted on the X platform, stating that he listed 10 "myths" about himself and FTX, the first being "FTX is insolvent / $8 billion has disappeared." SBF claimed that the truth is FTX was solvent and is currently compensating customers at a rate of 119%-143%.He added that FTX could have repaid customers in kind, but after the lawyers paid themselves $1 billion, they chose to quickly split the assets and slowly repay the customers.

Strategy CEO Phong Le stated during the Strategy Q4 financial performance webinar that Bitcoin needs to drop to $8,000 and stay at that level for five to six years to pose a real threat to repaying its convertible debt. Strategy Executive Chairman Michael Saylor also dismissed concerns about quantum computing in Bitcoin, calling it "terrible FUD."Strategy reported a net loss of $12.6 billion for the quarter, primarily due to the price of Bitcoin falling below the company's average acquisition cost, resulting in unrealized losses on its digital asset holdings.Strategy CFO Andrew Kang stated, "These results are clearly impacted by the decline in Bitcoin's market value at the end of the quarter, and we are using a market value accounting method." However, Kang also pointed out that the company is pursuing a long-term strategy, adding, "Even in the face of market volatility, we will continue to execute our established strategy."

According to Onchain Lens monitoring, Trend Research, under Yilihua, transferred a total of 25,000 ETH (worth approximately $53.24 million) to Binance in two transactions 6 hours ago on 6/7.So far, Trend Research has deposited a total of 188,588 ETH (worth approximately $426.87 million) to Binance for sale and loan repayment.

According to FinanceFeeds, monitored by Abdelaziz Fathi, the Flow network experienced downtime after an attack on December 27, which disrupted the repayment functionality of the NFT lending protocol within the Flow ecosystem, forcing multiple overdue loans into default.The Flow Foundation had previously suspended the Cadence execution environment until the morning of December 29. Flowty posted on the X platform that a total of 11 loans were due during the downtime, of which 8 directly defaulted, and another 2 failed to settle due to account restrictions. Although Flow has resumed online operations, core functionalities such as token exchanges remain limited, preventing borrowers from accessing the assets needed for repayment. Flowty suspended the settlement of all loans starting from December 30 at 14:15, during which overdue loans will neither be repaid nor defaulted. Currently, the price of Flow is approximately $0.086.

ether.fi posted on platform X that the repayment using LiquidUSD is now live, allowing users to repay debts instantly with their LiquidUSD balance without the need for additional top-ups.

Sonic ecological lending protocol project Silo Labs updated on the X platform regarding the xUSD depegging incident. So far, the confirmed repayment amount has reached approximately $2.13 million, including about $88,169 on the Sonic chain, about $556,669 on the Avalanche chain, and about $1.49 million on the Arbitrum chain.Previously, the price of the Stream Finance stablecoin xUSD significantly deviated from its target range, affecting on-chain Curated Markets including Euler, Morpho, and Silo, and leading to liquidity issues.

According to Globenewswire, the US stock BNB Crypto Treasury (DAT) company Nano Labs (NASDAQ: NA) announced the early repayment of convertible bonds to strengthen risk management and protect investor rights.Nano Labs stated that, given the increasing and persistent global economic uncertainty, as well as the ongoing volatility in digital asset prices, early debt repayment will minimize the company's risk of being affected by potential "black swan" events and enhance financial flexibility. As of the end of July, Nano Labs held approximately 128,000 BNB.

A representative of FTX creditors, Sunil, stated on social media that FTX's total assets before repayment to creditors are between $16 billion and $17 billion. A repayment of $454 million is scheduled for February 18, 2025, followed by a repayment of $5 billion on May 30, 2025, and another $1.6 billion on September 30, 2025, bringing the total repayment amount to $7.1 billion.The next repayment is expected to take place in January 2026, and the deadline for determining distribution eligibility may be in December (creditor representative Sunil indicated that the specific date still awaits an official announcement).

According to on-chain analyst Yu Jin (@EmberCN), a whale who previously went long on a total of 1,320 WBTC (approximately $132 million) through a circular borrowing method is now close to the liquidation line after the market decline. To reduce risk, this whale sold approximately 465.4 WBTC and 2,686 ETH about 2 hours ago, exchanging them for approximately $56.52 million USDC to repay part of the loan. Among them, the average selling price of WBTC was about $102,722, and the average selling price of ETH was about $3,244.

Sui Ecosystem Lending ProtocolSui lend stated on platform X that it is closely monitoring the significant loss issue of Stream Finance. It is reported that the largest single risk exposure of its $93 million loss belongs to Elixir's deUSD, which lent $68 million USDC to Stream, accounting for approximately 65% of deUSD's total reserves.SuiLend added that the deposit and withdrawal functions for the Elixir market on its platform have been suspended, and it has contacted the Elixir team to request loan repayment. Other lending markets of SuiLend remain unaffected and are still secure.

Faraday Future, a Nasdaq-listed company under Jia Yueting, announced that its brand new smart electric MPV FX Super One received over 200 non-binding, non-refundable reservations from B2B partners within 48 hours of its launch in Dubai on October 28. The first personal reservation was made with a payment of 1,385 USDT (approximately 5,094 dirhams).The launch model AIHEREV Max is priced at approximately 309,000 dirhams, with the first deliveries expected to start in November. The company stated that it will expand cryptocurrency payment options and promote a co-creation ecosystem. Global ambassador Andrés Iniesta became the first global owner of the FX Super One.

ChainCatcher news, former FTX CEO Sam Bankman-Fried (SBF) released a report titled "FTX: Where Did The Money Go?", which states, "FTX never went bankrupt, even though its lawyers placed it in bankruptcy."More than 7 million customers deposited about $20 billion into the cryptocurrency exchange FTX. In November 2022, when customers attempted to withdraw their funds, FTX filed for bankruptcy, still owing customers $8 billion. Customers have not recovered any funds for years. Where did those billions go?The answer is that the funds never left. After two years of delays, the bankruptcy administration revealed that all customers will receive 119% to 143% repayment. About 98% of creditors have received 120% repayment, and after paying $8 billion in claims and $1 billion in legal fees, the bankruptcy administration still has $8 billion remaining.

ChainCatcher message, FTX announced that on September 30, 2025, it will facilitate approximately $1.6 billion in the third round of payments to approved creditors of the convenience and non-convenience classes who have completed the pre-allocation requirements.Eligible creditors are expected to receive funds within 1 to 3 business days starting from September 30, 2025, through their chosen distribution service provider.

ChainCatcher news, according to Cointelegraph, the bankrupt cryptocurrency lending platform Celsius Network will conduct a third round of asset distribution to creditors, amounting to $220.6 million. After this distribution is completed, the total asset repayment ratio for creditors will reach approximately 64.9%.

ChainCatcher message, FTX announced on the X platform that it has launched the second phase of the user repayment program, expecting to distribute over $5 billion to creditors, who will receive the funds within 1 to 3 business days starting today.

ChainCatcher news, Matrixport released the Matrix on Target weekly report stating that the recent shift in Trump's focus towards investment and trade cooperation announcements has further boosted market optimism for the stock market and Bitcoin.FTX is expected to initiate the claims repayment process for accounts with claims exceeding $50,000 around May 30, distributing approximately $5 billion in stablecoins. The institution believes that part of this funding may flow back into the crypto market, resonating with the ongoing inflow of funds into Bitcoin spot exchange-traded funds (ETFs).In addition, the approximately $100 billion IPO plans of crypto companies and Coinbase's inclusion in the S&P 500 index, along with several positive factors, may support Bitcoin's high-level performance, with the trend expected to continue into the summer.

ChainCatcher message, the lending protocol Loopscale on the Solana chain was attacked today, resulting in approximately 5.7 million USDC and 1,200 SOL being stolen. The protocol has released event updates on the X platform and has now re-enabled loan repayments, deposits, and the closure of revolving loans. Other application functions (including Vault withdrawals) remain temporarily restricted, and an investigation is ongoing to ensure the mitigation of this vulnerability.Loopscale further stated that the root cause of this vulnerability has been identified as an independent issue related to collateral pricing based on RateX, which is not related to RateX itself. The financial loss only affects the depositors of the SOL and USDC genesis treasury, and a complete technical post-analysis will be released later.

ChainCatcher news, according to on-chain analyst Lookonchain (@lookonchain), a whale address repurchased 8,012 ETH (approximately 14.25 million USD) for 1,779 USD each 2 hours ago, and used it to repay debt. The address has made a profit of about 159,000 USD from ETH trades in the past 10 days.

ChainCatcher news, according to Cointelegraph, Brazil's Superior Court of Justice unanimously ruled that courts can seize debtors' cryptocurrency assets to repay creditors. According to the ruling, judges can now issue notices to cryptocurrency exchanges to seize the assets of account holders for debt repayment.The memorandum published on the court's website noted that although cryptocurrencies are not legal tender, they can serve as a means of payment and a store of value. Judge Ricardo Villas Bôas Cueva stated that while Brazil currently lacks formal regulation of cryptocurrencies, certain bills have recognized them as "digital representations of value."