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Nalezeno "creditors": 408

DCG, Barry Silbert Face $3.3 Billion in New Lawsuits From Genesis Creditors


The Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group in an effort to recover billions of dollars owed to Genesis Global Capital. Claims of Mismanagement and Fraud The Genesis Litigation Oversight Committee (LOC) has filed two lawsuits against Digital...

FTX Creditors to Receive Over $5B in Second Payout Starting May 30


The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...

FTX EU creditors can now withdraw money from Backpack exchange


Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service.According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first...

Over 90% of WazirX creditors support post-hack restructuring plan


Over 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto balances...

Over 90% of WazirX creditors support post-hack restructuring plan


More than 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto...

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