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rich711 Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers
2024-10-08" data-src="https://cryptoslate.com/wp-content/uploads/2024/09/brighty-news-position.jpg" alt="Receive, Manage & Grow Your Crypto Investments With Brighty" /> Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate
" data-src="https://cryptoslate.com/wp-content/uploads/2024/09/brighty-news-position.jpg" alt="Receive, Manage & Grow Your Crypto Investments With Brighty" /> Bankrupt FTX’s native FTT token has spiked by around 50% during the past day amid fa
peso luck BitFlyer acquires FTX Japan, intends to revamp exchange into crypto custodial firm
2024-09-25BitFlyer, one of Japan’s largest crypto exchanges, agreed to acquire the Japanese subsidiary of FTX, the defunct crypto exchange founded by the convicted Sam Bankman-Fried. FTX Japan was among the several companies impacted by FTX’s coll
A US bankruptcy court has granted FTX approval to solicit votes on a liquidation plan that pays customer claims in cash, Reuters reported on June 25. The cash payment plan would pay customers based on crypto prices at the time of FTX’s Novembe
The sentencing for senior FTX executives Gary Wang and Nishad Singh is set for later this yearmanaloplay, as per a July 9 court docket. Wang, former CTO and co-founder of the defunct exchange will be sentenced on Nov. 30. Meanwhile, former engineeri
rich9 FTX estate disputes Jump Trading’s $264 million claim over unmaterialized Alameda loan
2024-09-25The FTX bankruptcy estate is contesting a $264 million claim made by Jump Trading’s subsidiary, Tai Mo Shan, regarding an undelivered loan of 800 million Serum (SRM) tokens from Alameda Research. Alameda Research failed to deliver the 800 mill
FTX has agreed to pay the CFTC $4 billion in disgorgement and $8.7 billion in restitution, minus amounts credited from other bankruptcy payments, according to a July 12 filing. If the proposed settlement is approved, FTX and associated debtors will
gkbet Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement
2024-09-24US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliategkbet, Alameda Research, according to a court filing dated Aug
luhoplay Former FTX exec files lawsuit as exchange announces reorganization gains support
2024-09-24Bankrupt crypto exchange FTX announced on Aug. 21 that its reorganization plan has garnered strong preliminary support from creditors. According to FTX, over 95% of creditors have endorsed the plan, representing 99% of the claims by value. This broa