FTX’s bankruptcy estate is expected to pay as much as $16 billion in cash to creditors. While the timing hinges on court approval, it could help offset crypto selling pressure from other collapses.
FTX creditors have filed a June 5 objection to the crypto exchange’s repayment plan on the grounds that the FTX bankruptcy estate’s proposal does not work in favor of their “best interests.” FTX ...
FTX creditors learned that 98% of them will receive up to 118% of their lost funds following the exchange’s implosion.
A group of FTX creditors, led by Sunil Kavuri, has filed an objection to FTX’s bankruptcy reorganization plan. They reject it on several grounds, including the assertion that it does not serve ...
FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed settlement ...
Defunct exchange FTX and the United States Internal Revenue Service (IRS) are locked in a dispute over an unpaid tax claim. FTX and the IRS have reached a settlement agreement. The exchange’s ...
FTX has reached a tentative settlement with the IRS to resolve a $24 billion tax claim for a significantly lower amount. Under the settlement, the IRS will receive a $200 million priority claim to be ...
No place for losers: Modi sends a clear message with Cabinet 3.0 "Any delay in providing these services (mentioned above) ...
Bankrupt crypto exchange FTX has agreed to sell its remaining stake in AI startup Anthropic for $452.2 million. If approved, the total sales from Anthropic shares could net FTX around $800 million, ...
A person deprived of land by the state in the exercise of its power of eminent domain is entitled to be paid compensation ...
Mensholong is an experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has previously contributed news coverage and in-depth market analysis to… Other times, the blame ...