FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. In an anticipated ...
Andrew Urquhart owns some cryptocurrencies. Lambis Dionysopoulos owns some cryptocurrencies. Collapsed cryptocurrency exchange FTX recently announced that the majority of creditors who lost money in ...
Almost all of the creditors of failed crypto company FTX will end up profiting from the money they put into the exchange, a federal bankruptcy judge ruled Monday. Nearly two years after FTX spiraled ...
FTX bankruptcy plan approved, with 98% of creditors to receive full repayment plus compensation. Analysts predict up to $2.4 billion could flow back into crypto market, potentially boosting Bitcoin in ...
On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins to John Ray, who filed for Chapter 11 bankruptcy protection in the United States. That day marked the beginning ...
FTX Trading Ltd and the FTX Recovery Trust, the two companies that make up FTX, the cryptocurrency exchange that went down in November 2022, have announced that it is ready to start repaying creditors ...
Backpack allows former FTX EU users to reclaim euro balances after KYC verification, following its acquisition of the bankrupt crypto platform's EU arm. Crypto exchange Backpack announced that ...