The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

FTT’s rise comes after a steep fall following FTX’s collapse in November 2022. At its peak in 2021, FTT reached nearly $80, ...

Equity holders of the failed crypto exchange will receive cash equivalent to 18% of the seized assets.

The native cryptocurrency of the now-defunct crypto exchange FTX, FTT, experienced a significant rise, jumping over 70% to ...

FTX’s reorganization plan is still pending court approval, with a hearing slated for Oct. 7. The creditors might have to wait ...

FTX aims to return 100% of its assets to creditors in proposed settlement. The DOJ will oversee claims, potentially setting a ...

Collapsed crypto exchange FTX revealed an agreement to allocate up to $230 million from government forfeiture actions to ...

Contrary to rumors circulating on social media, the FTX bankruptcy distributions to creditors and customers will not begin on ...

The reorganization plan by the restructuring administration of the collapsed crypto exchange FTX has gained massive support from creditors.

Plaintiffs lawyers in the sprawling FTX litigation in Miami federal court have reached a deal with lawyers for the bankrupt ...

FTX creditor Sunil Kavuri breaks down the latest development in the FTX bankruptcy reorganization and voices his objections ...