FTX has announced a comprehensive repayment plan totaling $7.1 billion for creditors, set to be disbursed between now and 2025. Led by Sunil Kavuri, FTX’s creditor representative, the […]
FTX Takes Legal Action to Secure Recovery of Assets for Debtors
Following its bankruptcy filing, FTX has taken action to recover assets for its creditors. The company has initiated legal proceedings against two token issuers, NFT Stars Limited and […]
Terraform Labs Opens Portal for Crypto Creditor Claims
Terraform Labs has launched a dedicated portal for creditors of its collapsed cryptocurrency ecosystem. Following the dramatic downfall of its $40 billion venture in 2022, the company filed […]
FTX to Pay Back Debts with $11.4 Billion Reserve
FTX, in a move to repay its creditors, has secured a $11.4 billion cash reserve for the repayment plan. This announcement comes after the crypto exchange filed for […]