Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers ...
In a recent proposal awaiting Bankruptcy Court approval, creditors with $50K claims or less will get about over 118% compensation. Part of FTX’s plan, dated the 7th of May, read, “Debtors ...
According to the L.A. Times, the cash required to repay defrauded customers will come from assets currently under the control ...
A group of FTX creditors, led by Sunil Kavuri, has filed an objection to the FTX reorganization plan on several grounds.
FTX creditors learned that 98% of them will receive up to 118% of their lost funds following the exchange’s implosion.
FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed settlement ...
The FTX estate, responsible for managing FTX's bankruptcy, has auctioned off the last of its heavily discounted Solana (SOL) ...
FTX’s Bahamian liquidators have told creditors that they will likely have an extra 10-12 weeks until at least end-July to submit proof of what the imploded crypto exchange owes them. Brian Simms ...
FTX Unveils Debt Repayment Strategy FTX estimates its outstanding debts to creditors to be approximately $11.2 billion, as revealed in the reorganization plan published late Tuesday.
Bankrupt crypto exchange FTX reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS). According to a June 3 filing, the exchange and the IRS agreed to ...
A deferred compensation plan allows you to put more money away for retirement, but it's important to know the differences between available plans as well as their risks. A deferred compensation ...
Binance, the largest shareholder of Gopax, recently sold the asset claims of Gopax victims at less than half their face value ...