John Ray III stated that creditors with approved claims under $50,000 will qualify for 118% compensation, subject to court approval as outlined in the plan. FTX’s proposal, as per a recent court ...
An analysis of when prepetition customer withdrawals of cryptocurrency (crypto) and repayments or liquidations of ...
A Silver Point Capital LP affiliate is suing an FTX crypto creditor for allegedly backing out of the heavily discounted sale ...
Binance sells Gopax asset claims at steep discounts, igniting investor outrage and prompting regulatory review in South Korea ...
Binance, the largest shareholder of Gopax, recently sold the asset claims of Gopax victims at less than half their face value ...
Solana prices drop 4% after FTX sells $2.6 billion worth of tokens at a 38% discount to Figure Markets and Pantera Capital.
Court approves Genesis Global's plan to distribute $3 billion to creditors, rejecting Digital Currency Group's objections.
According to BitGo CEO Mike Belshe, this falls short of adequate compensation. 0% of FTX creditors agree that receiving $16800 for your Bitcoin is fully compensated. I understand why the bankruptcy ...
Meanwhile, the Bahamian liquidators for FTX Digital Markets are also supporting a Chapter 11 reorganisation plan that will see the crypto exchange’s creditors and investors recover more than ...
Meanwhile, the Bahamian liquidators for FTX Digital Markets are also supporting a Chapter 11 reorganisation plan that will see the crypto exchange’s creditors and investors recover more than ...
This move follows FTX’s proposal for a compensation plan aimed at resolving disputes with creditors in the wake of the firms’ collapse in 2022. According to data from Arkham Intelligence, tagged FTX ...