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FTX cleared to repay billions to customers
FTX cleared to repay billions to customers after bankruptcy plan approval
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 collapsed.
FTX bankruptcy plan would give ex-customers an extra 19%
Creditors will receive up to $16.5 billion, nearly two years after their funds were frozen by the crypto firm’s shocking bankruptcy, according to a plan approved by a judge Monday.
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.
1d
Judge OKs FTX Estate's Bankruptcy Plan – What's Next?
FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and ...
CCN on MSN
1d
FTX Reorganization Plan Approved: Here’s When Creditors Will Be Paid
The Delaware bankruptcy court has approved FTX’s reorganization plan. 98% of creditors will receive at least 118% of their ...
NBC DFW
2d
FTX bankruptcy judge approves more than $14 billion payback plan two years after exchange collapsed
A Delaware
bankruptcy
judge approved
FTX
's reorganization
plan
almost two years after the crypto exchange spiraled into ...
3h
FTX: Ellison pays in millions, administrator pays out billions
The bankruptcy court has approved the distribution plan of the bankrupt crypto exchange FTX. Ex-manager Caroline Ellison ...
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