FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
The settlements allow FTX to use its assets to repay customers of its crypto exchange first, before paying potentially ...
FTX Creditors Emerge as Possible Fillip for Ailing Crypto Market
Crypto exchange FTX’s creditors are set to receive more than $12 billion in coming months in a court-approved payout plan, ...
98% of FTX creditors will get more money than anticipated
A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their ...
Cryptopolitan on MSN4h
FTX repayments to creditors could be a liquidity catalyst for the crypto market
U.S. bankruptcy judge John Dorsey gave FTX the green light to repay 98% of its customers using $16.5 billion in assets ...
coinspeaker4h
Caroline Ellison to Sell All Her Assets in Latest FTX Settlement
The new FTX administration filed a motion while seeking a settlement agreement with Caroline Ellison, the former boss at ...
FTX to fully repay customers after judge clears plan
Not yet determined if - and how much - shareholders like Singapore's Temasek, will get back. Read more at straitstimes.com.
The Tech Report3h
US Bankruptcy Court Approves FTX Reorganization Plan, What’s Next?
This move marks a significant milestone for the FTX exchange, and it will see 98% of its creditors get 118% of their claim ...
FTX Customers to be Repaid Under Approved Bankruptcy Plan
The settlements allow FTX to use its assets to repay customers of its crypto exchange first, before paying potentially competing claims filed by government regulators. FTX plans to repay 98 percent of ...
coinspeaker1d
FTX Creditors to Gain 119% Return amid $14 Billion Payout
FTX creditors set to receive 119% returns from $14 billion payout, marking a historic recovery after the cryptocurrency ...