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Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday. The agreement will put an end to a saga that ...
Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers argue they’re being left in the lurch. Last month, lawyers overseeing FTX’s ...
Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt ...
Another former executive of FTX has been jailed over his part in the cryptocurrency giant's implosion in late 2022. Ryan Salame, who was the co-CEO of FTX's Bahamian subsidiary, was sentenced to 90 ...
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. FTX said in a court ...
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 orchestrated ...
People who lost their money in FTX, once one of the biggest cryptocurrency exchanges in the world, are to be paid back, with interest. Billions were lost when the cryptocurrency exchange headed by ...
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — People who had money in FTX at the time of its ...
NEW YORK (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, ...
FTX Digital Markets, the Bahamian arm of FTX, will begin repaying creditors who lost access to their funds when the cryptocurrency exchange collapsed in November 2022. According to a Feb. 4 X post ...
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