FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken. FTX Recovery Trust announced that they will begin distributions of more ...

FTX has announced plans for upcoming repayments to creditors of the bankrupted crypto exchange after initiating its first round of reimbursements on Feb. 18. According to a Feb. 18 announcement ...

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate ...

Lawyers for the bankrupt estate of crypto exchange FTX are trying to claw back money for creditors. They're seeking $38 million paid to PACs and political nonprofits ahead of the 2022 elections.

Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

NEW YORK, June 25 (Reuters) - Bankrupt crypto exchange FTX received court approval on Tuesday to solicit creditor votes on a liquidation plan that would pay FTX customers back in cash, over the ...

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's lawyers said the company would pay back 98% of creditors at least 118% of what they're owed. The company said it would have between $14.5 and $16.3 billion available for distribution. But ...

The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt. The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt.

Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest. By David Yaffe-Bellany Reporting from San Francisco Customers of the ...

NEW YORK, March 21 (Reuters) - Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and ...