FTX is transferring “18% of DOJ forfeiture funds,” up to $230 million, to FTX equity holders and only 10% to 25% to creditors ...
FTX crypto token ($FTT) spiked ~90% yesterday following an influencer’s false announcement the exchange would repay customer ...
The FTX Dotcom creditors have strongly supported the company’s reorganization proposal, with more than 94% voting in favor of ...
The cryptocurrency belonging to the defunct cryptocurrency exchange FTX (CRYPTO: FTT) dramatically jumped on Sunday, dwarfing ...
FTX creditor Sunil Kavuri breaks down the latest development in the FTX bankruptcy reorganization and voices his objections ...
The reorganization plan by the restructuring administration of the collapsed crypto exchange FTX has gained massive support from creditors.
FTX Token (FTT) surged 63% amid growing hopes for repayment to investors following FTX's crash nearly two years ago.
FTX creditors are angry with 10-25% repayments, based on outdated crypto prices, sparking outrage over financial losses.
Equity holders of the failed crypto exchange will receive cash equivalent to 18% of the seized assets.
FTX creditors could see 10%-25% of their funds returned after an October court decision, potentially impacting crypto markets.
The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.
Collapsed crypto exchange FTX revealed an agreement to allocate up to $230 million from government forfeiture actions to ...