Search

Nalezeno "ftx claims": 18

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

FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

25.3.2024
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer...

FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'

18.3.2024
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed

FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress

22.1.2024
Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor...

FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings

28.12.2023
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871...

FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts

3.11.2023
The recent surge in FTX claims is being attributed to its early investment in AI companies whose valuation has jumped in recent times

FTX Claim Pricing Soars to New Heights Amid Skyrocketing AI Company Valuations

3.11.2023
The current claim pricing of FTX has seen a major surge, reaching a maximum of 55%, compared to as low as 6% in November last year. According to data provided by Claims Market, the bid and ask prices for FTX claims are currently quoted at 52% and 55%, respectively. In the context of a claims...

FTX creditor claims heat up as bankruptcy proceedings drive forward

23.10.2023
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday

Changpeng Zhao's tweet 'contributed' to collapse of FTX, claims Caroline Ellison

12.10.2023
The former Alameda Research CEO placed part of the blame for FTX's failure on CZ, while the Binance CEO claimed Ellison's offer to buy the firm's FTT holdings was the cause

FTX Bankruptcy Claims Skyrocket as Company Recovers $7.3 Billion in Assets

28.9.2023
According to a Wednesday report by digital assets platform Matrixport, the market value of bankruptcy claims against crypto exchange FTX has more than tripled this year. This comes ahead of the founder and CEO Sam Bankman-Fried's impending criminal trial set to begin next week.... Read More:...

A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market

23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

22.9.2023
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved

FTX Restores Full Access to Claims Portal After Cybersecurity Breach

17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...

FTX Claims Portal Back in Action After Cybersecurity Incident in August

17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August. In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...

FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable

12.7.2023
FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday. FTT is the utility token of the now defunct cryptocurrency exchange FTX that is currently going through a lengthy, arduous bankruptcy process in wake of...