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FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...
Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay
14.8.2023
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October
Bankruptcy Judge: Celsius Account Holders Can Retrieve 72.5% of Crypto Holdings, Permitted They Opt-In to Settlement Plan
22.3.2023
Custody account holders with the now-bankrupt crypto lender Celsius will be able to get back 72.5% of their holdings, as long as they agree to a settlement plan.
The settlement plan has now been approved by Judge Martin Glenn in the US Bankruptcy Court for the Southern District of New York,...
$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’
17.11.2021
Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses...
Mt Gox Claimants Have Until October to Vote on Trustee’s Rehabilitation Proposal
1.6.2021
Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox claimants can vote in order to get reimbursed. The voting process will end on October 8 and more than 50% of the votes will be needed to solidify the settlement...