FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and ...
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 ...
Creditors will receive up to $16.5 billion, nearly two years after their funds were frozen by the crypto firm’s shocking ...
Once among the world’s top crypto exchanges, FTX’s downfall shook the sector, leaving an estimated 9 million customers and ...
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 ...
FTX's reorganization plan approved by a Delaware judge, ensuring 98% of creditors receive over 100% of their claims in cash.
A U.S. bankruptcy court approved FTX's reorganization plan, paving the way for full repayment to creditors using $16 billion ...
The US bankruptcy court has approved the reorganization plan of defunct crypto exchange FTX, ending a complex crypto ...
FTX, the cryptocurrency exchange that collapsed nearly two years ago under the leadership of now-jailed Sam Bankman-Fried, ...
Brian 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.
A U.S. bankruptcy judge has approved FTX’s plan to repay creditors up to $16.5 billion, marking the end of the exchange’s two-year bankruptcy process and potentially injecting billions back into the ...