A US judge has cleared the way for billions of dollars to be refunded to former customers of bankrupt crypto exchange FTX. At a court hearing in Wilmington, Delaware, on Monday, judge John Dorsey gave ...
Bankrupt crypto exchange FTX says most of its customers will be paid back in full for the assets lost at the time of its collapse nearly two years ago, and some will receive more. The company said in ...
Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations, including Crypto.com and the Mark ...
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations. The ongoing FTX reorganization proceedings have taken a new turn as ...
Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a ...
FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan. “The plan contemplates payment in ...
FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said Thursday. FTX drew customers in with “an ...
When FTX filed for bankruptcy on Nov. 11, 2022, it sent shockwaves throughout the crypto world, erasing billions in market liquidity and shattering confidence in centralized exchanges. The dramatic ...
On Friday, September 20, the FTX Recovery Trust announced that FTX’s creditors will receive $1.6 billion, a third round of payments, intended to compensate clients on September 30. FTX, once a leading ...
FTX Recovery Trust, which represents the bankruptcy estates of FTX US entities, filed a professional negligence lawsuit against Armanino LLP on Aug. 21 in California Superior Court for Contra Costa ...
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