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FTX, which filed for bankruptcy protection in November 2022, said in a court filing that between $14.5 billion and $16.3 billion would be available for distribution.
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal ...
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.
Customers whose money was frozen when crypto exchange FTX entered bankruptcy in 2022 suffered in at least two ways from the U.S. government’s rush to prosecute FTX CEO Sam Bankman-Fried ...
People who had money in FTX at the time of its collapse nearly 18 months ago got very lucky this week, as far as bankruptcy proceedings go. But some of them are still, understandably, pretty ...
A blizzard of lawsuits filed by its receiver reveals that the once-high-flying crypto firm FTX was even more crooked and dumb than you thought.
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion, a New York-based federal court ruled on Thursday.
Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that FTX is preventing its ...
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using $16 billion in assets recovered since the once-leading crypto exchange collapsed.