FTX's reorganization plan approved by a Delaware judge, ensuring 98% of creditors receive over 100% of their claims in cash.
Cryptopolitan on MSN4h
FTX repayments to creditors could be a liquidity catalyst for the crypto marketU.S. bankruptcy judge John Dorsey gave FTX the green light to repay 98% of its customers using $16.5 billion in assets ...
FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and ...
This move marks a significant milestone for the FTX exchange, and it will see 98% of its creditors get 118% of their claim ...
A US judge just approved FTX’s bankruptcy plan, paving the way for over $16 billion in repayments to creditors.
Cryptopolitan on MSN1d
US judge approves FTX’s repayment planA US Judge John Dorsey has approved the FTX’s bankruptcy plans bringing to an end proceedings, two years after the exchange collapsed over alleged misconduct ...
CoinDesk on MSN1d
Delaware Judge Approves FTX Estate’s Bankruptcy PlanBrian Glueckstein, an attorney for the FTX estate and a partner at Sullivan & Cromwell, argued Monday that the correct ...
A US judge has authorized a plan for fallen crypto exchange FTX to return money to former customers, as the drawn-out bankruptcy process approaches its end.
FTX, the now-defunct cryptocurrency exchange, is set to distribute up to $16 billion to its customers following a court ...
Caroline Ellison, former CEO of Alameda Research, agreed to surrender most of her assets to settle a lawsuit with FTX ...
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