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Nalezeno "creditors": 94

Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors

22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...

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

FTX Liquidators Target Repayment to Creditors by End of 2024

1.4.2024
The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital's Joint Official Liquidators in the Bahamas. The post FTX Liquidators Target Repayment to Creditors by End of 2024 appeared first on Cryptonews

Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors

25.3.2024
FTX and BlockFi claimants received legit-looking fraudulent emails luring them with a promise of instant withdrawals of their remaining balances. The post Sophisticated Email Phishing Targets Bankrupt Crypto Firms’ BlockFi, FTX Creditors appeared first on Cryptonews

FTX Opens Claim Window, Prices Crypto Assets Significantly Below Market Values

4.3.2024
The exchange has faced criticism on social media from users who have blasted FTX for pricing major crypto assets significantly lower than their market values. The post FTX Opens Claim Window, Prices Crypto Assets Significantly Below Market Values appeared first on Cryptonews

Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery

2.2.2024
The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26 million recovered. Australian investors with...

Mt. Gox Confirms Users Bitcoin Account Ownership, Repayments to Continue

23.1.2024
Mt. Gox is expected to continue repaying creditors throughout 2024. This was revealed through emails showing the defunct exchange confirming user Bitcoin accounts ahead of the next repayment phase. According to users’ Reddit posts on Jan 22, the exchange informed affected parties that...

FTX Creditors File Motion to Block Crypto Valuation with Low 2022 Prices

12.1.2024
Source: Adobe / Александр Поташев A group of FTX creditors have filed a motion seeking to stop plans of the collapsed exchange from valuing their cryptocurrency assets based on 2022 prices. FTX Creditors...

Mt. Gox Creditors Report Receiving Compensation Payments via PayPal in Japanese Yen

26.12.2023
Source: AdobeStock / 24K-Production Creditors of now-defunct crypto exchange Mt. Gox have reported receiving fiat repayments for their trapped Bitcoin on the social media platform Reddit. According to recent posts on the Reddit page r/mtgoxinsolvency, Mt. Gox has begun sending Japanese...

Breaking: Global Settlement Reached in FTX Digital Markets Liquidation

19.12.2023
FTX struck a global settlement between its US and Bahamas bankruptcy proceedings in an attempt to jointly maximize creditor payouts. Image by Александр Поташев, Adobe Stock. The ongoing saga following the dramatic collapse of Sam Bankman-Fried‘s bankrupt cryptocurrency exchange FTX took...

FTX Legal Fees Amount to $1.3 Million Per Day, Creditors Concerned

18.12.2023
Source: Adobe Bankrupt digital asset exchange, FTX has paid hundreds of millions in legal fees in a few months sparking reactions as creditors seek to recover their losses. Court filings show that over $118 million were billed on the exchange between August and October for professional legal fees...

Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates

18.12.2023
Image Source: Pixabay More companies are turning to blockchain-based private credit as they seek financing amid increasing interest rates, leading to a significant surge in this sector. According to RWA.xyz, a platform that tracks debt, active private loans through digital ledgers have risen...

3AC’s Su Zhu Examined in Singapore Court as Prosecutors Seek to Recover Creditor’s Assets

13.12.2023
Source: Adobe/Christophe Fouquin Three Arrows Capital’s (3AC) co-founder Su Zhu was probed in a Singapore court for the first time about the company’s collapse as prosecutors intensified efforts to recover funds belonging to creditors. According to a recent Bloomberg report, Zhu will be subject...

Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote

1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

30.11.2023
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC

Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan

22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...

Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner

1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...