Celsius Network has initiated the latest payment of $220.6 million to its creditors, marking a significant milestone in their restructuring process following the firm’s collapse in 2022. The […]
FTX Begins Second Round of Payments: $5B Distributed to Eligible Creditors
The FTX Recovery Trust has initiated a second wave of payouts to creditors, now totaling $5 billion. On May 30th, the trust began delivering funds to eligible creditors […]
FTX to Repay Creditors Starting May 30 with $11.4 Billion Reserve
After two years of legal battles, FTX is set to begin repaying its creditors with a $11.4 billion reserve fund on May 30th, 2025. The repayment plan offers […]
Terraform Labs Creditors Face November Deadline to Submit Claims
A critical deadline looms for creditors of Terraform Labs, as they must submit claims for initial losses by the end of November. This swift action is crucial for […]