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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.

bankingdive · 5h

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.

CoinDesk on MSN · 2d

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.

CCN on MSN1d

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 ...

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 ...

FTX Creditors to Gain 119% Return amid $14 Billion Payout

FTX creditors set to receive 119% returns from $14 billion payout, marking a historic recovery after the cryptocurrency ...

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