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FTX to begin distributing $1.2B to creditors after Trump inauguration
13.1.2025
A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph
FTX provides a timeline for creditor and client reimbursement payouts
21.11.2024
After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation
Ex-Alameda CEO Sam Trabucco To Give Yacht, Apartment, $70M Claim to FTX Creditors
12.11.2024
Ex- Alameda joint CEO Sam Trabucco, has agreed to transfer his yacht, apartment and a $70 Million claim…
Ex-Alameda CEO Sam Trabucco To Give Yacht, Apartment, $70M Claim to FTX Creditors
12.11.2024
Ex- Alameda joint CEO Sam Trabucco, has agreed to transfer his yacht, apartment and a $70 Million claim…
Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors
11.11.2024
FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded
30.9.2024
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks
FTX creditors only getting '10-25% of their crypto back' — creditor
28.9.2024
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
FTX creditors only getting ‘10-25% of their crypto back’ — Creditor
28.9.2024
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
SEC says it could challenge FTX crypto repayment plan
2.9.2024
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets
US Trustee challenges FTX reorganization plan, citing legal concerns
25.8.2024
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations
New York judge nods $12.7B settlement between FTX, Alameda and CFTC
8.8.2024
United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors
Cash or crypto? FTX creditors to vote on how they're paid back
26.6.2024
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan
FTX creditors object to bankruptcy reorganization plan
7.6.2024
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
16.5.2024
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
8.5.2024
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of...
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
FTX Creditors Set for Cash Windfall Beyond 100% of Claims
8.5.2024
A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount.
The post FTX Creditors Set for Cash Windfall Beyond 100% of Claims appeared first on Cryptonews
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
8.5.2024
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening
FTX plans full pay back all creditors ‘plus billions in compensation’
8.5.2024
Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX
FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says
22.4.2024
The FTX estate is set to auction off the next lot of its long-awaited locked Solana tokens, Figure CEO Mike Cagney alleged in a Saturday post to X.
The post FTX Estate Set To Auction Locked Solana Tokens, Figure CEO Mike Cagney Says appeared first on Cryptonews