Customers of BlockFi, a recently bankrupt cryptocurrency lending platform, are facing a tight deadline for claiming their assets. As reported by PANews, the company’s official announcement states that […]
FTX Starts Repayment to Main Creditors: $11.4 Billion Cash Funds to Be Used
FTX, after its collapse in November 2022, is initiating payments to its main creditors using approximately $11.4 billion in recovered funds. The company will begin with a payment […]
FTX to Make $11.4 Billion Debt Payment, Largest Insolvency Case in History
Cryptocurrency exchange FTX has announced plans to repay its creditors a record-breaking $11.4 billion by May 2025, marking one of the largest payouts from bankruptcy ever seen in […]
FTX Begins Major Repayments: Bitcoin Claims at 20% Value
FTX is set to initiate major repayments starting May 30, with a focus on settling Bitcoin claims. The move represents a significant step in the company’s bankruptcy process […]
Lawyers Rake In Billions From FTX Bankruptcy
The legal battle surrounding the collapse of FTX has resulted in a staggering $1 billion in fees, as lawyers navigate the complex case and customer reimbursement efforts. This […]
FTX Lawsuit: Billions in Legal Fees Amidst Bankruptcy Case
As the FTX bankruptcy unfolds, legal fees are spiraling to nearly $1 billion. The ongoing lawsuit aims to uncover the digital assets and cash flows associated with the […]
FTX Bankruptcy Costs Approaching $1 Billion, Making it Among Most Expensive Ever
FTX’s bankruptcy is rapidly approaching a $1 billion mark in legal and financial costs, placing it among the most expensive Chapter 11 cases in U.S. history. Court records […]
FTX Founder Sam Bankman-Fried Back on Social Media After Jail Sentence
Sam Bankman-Fried, the disgraced founder of bankrupt cryptocurrency exchange FTX, has resurfaced on social media with a series of posts following his 2023 arrest and sentencing. His first […]