The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.
The cryptocurrency belonging to the defunct cryptocurrency exchange FTX (CRYPTO: FTT) dramatically jumped on Sunday, dwarfing ...
The reorganization plan by the restructuring administration of the collapsed crypto exchange FTX has gained massive support from creditors.
In late 2022, the cryptocurrency world was rocked by the dramatic collapse of FTX, a major cryptocurrency exchange founded by ...
FTX is transferring “18% of DOJ forfeiture funds,” up to $230 million, to FTX equity holders and only 10% to 25% to creditors ...
FTX creditor Sunil Kavuri breaks down the latest development in the FTX bankruptcy reorganization and voices his objections ...
Q4 is going to be wild for crypto. The election’s going to be over, Donald Trump might be back in charge, and then the real ...
Equity holders of the failed crypto exchange will receive cash equivalent to 18% of the seized assets.
On September 3, 2024, the U.S. Securities and Exchange Commission (the “SEC”) announced settled charges against Galois Capital Management ...
Despite social media rumours suggesting an FTX reimbursement by September 30, customers will have to wait an additional week ...