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FTX creditors are fighting for $2.2 billion worth of disputed claims from the bankrupt exchange as the industry awaits the date of the next payment distribution.
FTX begins repaying creditors on May 30, with BitGo and Kraken confirming fund transfers amid a long-awaited fraud recovery effort.
Robert Powell, a central figure in Luzerne County’s infamous kids-for-cash scandal, has continued in his failure to file federal tax returns — in violation of his plea agreement — and still ...
FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken.
The next round of FTX creditor repayments is scheduled to begin on May 30, more than two years after the exchange filed for bankruptcy.
Kavuri said there were many claims from countries “not eligible for FTX distributions.” The FTX creditor and advocate added that the bankrupt exchange was already reviewing its options.
The tax evasion sentencing for Robert Powell, a central figure in Luzerne County’s infamous kids-for-cash scandal, will remain on hold at least until next month as his attorneys and federal ...
FTX exchange is set to distribute over $1.2 billion worth of crypto to creditors, who can fulfill their repayment requirements until Jan. 20, the date of Trump’s inauguration.
FTX bankruptcy estate says the sale of FTX EU to crypto exchange and wallet firm Backpack was not authorized. Backpack responded by saying that in December 2024, the Cyprus regulator approved ...
An ownership dispute over FTX EU intensifies as Backpack Exchange and the FTX estate clash over creditor repayments.
The first group of FTX claimants could start seeing funds returned in less than 60 days after the exchange’s reorganization plan went into effect on Jan. 3.
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