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.
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 ...
FTX is seeking court approval for a settlement that will mandate Caroline Ellison to hand over almost all of her assets to ...
The new FTX administration filed a motion while seeking a settlement agreement with Caroline Ellison, the former boss at ...
This move marks a significant milestone for the FTX exchange, and it will see 98% of its creditors get 118% of their claim ...
A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their ...
FTX creditors set to receive 119% returns from $14 billion payout, marking a historic recovery after the cryptocurrency ...
A Delaware bankruptcy judge approved FTX's reorganization plan almost two years after the crypto exchange spiraled into ...
FTX will repay $16.5B to customers after its collapse, with shareholders potentially receiving part of $1B in seized assets.
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 ...
Many FTX customers feel cheated after a repayment plan was approved — but some don't realize how lucky they really are.
The agreement will put an end to a saga that started when the firm went bankrupt in November 2022.