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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-CEO of Mine Digital stole $1.5M from a Bitcoiner, says regulator
22.10.2024
The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.
FTX Bankruptcy Plan Approved, Creditor Payouts to Begin Now!
7.10.2024
A U.S. bankruptcy judge has given the green light to FTX’s bankruptcy plan, which concludes the fiasco that…
WazirX Founder Sets Up Creditor Committee for Hack Resolution
30.9.2024
Nischal Shetty, founder of Indian crypto exchange WazirX has announced the formation of a creditors’ committee in response…
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.
Celsius token surges 300% a month after $2.5B payment to creditors
24.9.2024
Celsius token skyrockets 300% a month after paying $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
23.9.2024
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime...
Police Arrests Two People Related to $243M Crypto Heist Targeting Genesis Creditor
19.9.2024
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
2.9.2024
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto...
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
FTX says creditors supported reorganization plan with a 95% vote
22.8.2024
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors
Celsius Files Plan for Creditor Payment via Hyperwallet
19.8.2024
Celsius Network has disclosed that it intends to pay creditors through PayPal’s Hyperwallet. The move comes after the…
Here’s what happened in crypto today
8.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Bitstamp Initiates Bitcoin Repayments to Mt. Gox Creditor
25.7.2024
Bitstamp Crypto Exchange has begun repaying Bitcoin to the Mt. Gox creditors. This development marks an end to over ten years of waiting since one of the largest crypto exchange hacks in history. Bitcoin Reparations Begin On July 25, Bitstamp announced it had received from the trustee all the funds...
Bitstamp starts Mt. Gox creditor repayments
25.7.2024
The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange
Bitstamp will begin Mt. Gox creditor repayments on July 25
24.7.2024
After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed
Bitstamp will begin Mt. Gox creditor repayments on July 25
24.7.2024
After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed
Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
24.7.2024
Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed