Bankruptcy Judge Greenlights FTX’s Liquidation Plan
In a significant development for users of the defunct cryptocurrency exchange FTX, United States Bankruptcy Judge John Dorsey has sanctioned a plan that allows the company to wind down its operations.
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 creditors with up to $16.5 billion in recovered assets.
Bankruptcy Judge Greenlights FTX’s $16 Billion Customer Repayment Plan
FTX, the now-defunct cryptocurrency exchange, is set to distribute up to $16 billion to its customers following a court hearing.
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.
FTT jumps 50% after FTX gets court approval to repay customers in full
FTX's reorganization plan approved by a Delaware judge, ensuring 98% of creditors receive over 100% of their claims in cash.
FTX Reorganization Moves Forward as US Bankruptcy Judge Grants Approval
A US judge just approved FTX’s bankruptcy plan, paving the way for over $16 billion in repayments to creditors.
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
Brian Glueckstein, an attorney for the FTX estate and a partner at Sullivan & Cromwell, argued Monday that the correct valuation of the FTT tokens held by creditors was, in fact, zero, and there was “no basis” for a revision to this decision.
FTX Customers Will Get Back Billions After Judge OKs Bankruptcy Plan
A US judge has authorized a plan for fallen crypto exchange FTX to return money to former customers, as the drawn-out bankruptcy process approaches its end.
Bankruptcy judge approves FTX reorganization plan
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and good news for FTX creditors.
FTX set to repay billions to customers after bankruptcy plan OK
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 to finally repay customers after bankruptcy plan gets court 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.
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FTX Creditors Set for 119% Claim Recovery Following Court Approval
A U.S. bankruptcy court approved FTX's reorganization plan, paving the way for full repayment to creditors using $16 billion ...
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FTX bankruptcy judge approves more than $14 billion payback plan two years after exchange collapsed
FTX previously estimated that it owes creditors around $11.2 billion. According to the plan approved by Delaware bankruptcy ...
Jury cannot consider testimony of Fiore’s daughter, judge rules
The judge in Michele Fiore’s wire fraud trial struck testimony from her daughter Sheena Siegel from the record. Prosecutors ...
FTX To Repay Creditors Up To $16.5B: Is This Bullish For Bitcoin?
A U.S. bankruptcy judge has approved FTX’s plan to repay creditors up to $16.5 billion, marking the end of the exchange’s two-year bankruptcy process and potentially injecting billions back into the ...