The FTX bankruptcy process has taken a significant step forward with the withdrawal of a motion aimed at limiting creditor disbursements in certain foreign countries. The FTX Recovery […]
FTX Drops ‘Restricted Countries’ Motion, But Withdrawal Leaves Uncertainty for Creditors
The bankruptcy estate of the failed cryptocurrency exchange FTX has withdrawn its motion to restrict creditor payouts in certain countries. The FTX Recovery Trust initially sought court approval […]
FTX Founder SBF Appeals Conviction, Citing Bias in Trial
Sam Bankman-Fried, former CEO of FTX, is appealing his conviction for fraud and conspiracy, claiming judicial bias during the trial. His legal team plans to challenge the outcome […]
FTX Creditor Recovery Drops to Just 9%, Fueled by Declining Crypto Prices
The recovery prospects for FTX creditors have taken a dramatic downturn, with potential payouts dwindling down to just 9% of their claims. This decrease stems from the valuation […]
Sam Bankman-Fried Appeals Conviction, Seeking Retrial for FTX Collapse
Sam Bankman-Fried’s appeal against his 25-year sentence for the collapse of FTX has been filed. The hearing is scheduled for November 2025 before the Second Circuit Court of […]
SBF Appeals Conviction, Impacting Crypto Market Amidst Uncertainty
Sam Bankman-Fried’s appeal of his criminal conviction regarding the collapse of FTX is set to be heard on November 4th by the U.S. Court of Appeals for the […]
FTX Creditors Face Real Crypto Losses Despite $7B Recovery
Despite a significant recovery effort totaling over $7 billion, FTX creditors are experiencing real crypto losses. The repayment structure is based on 2022 cryptocurrency prices, leaving them with […]
FTX Creditor Recovery Rates Lag Behind Price Surges in Crypto
While FTX creditors are set to receive a 143% payout in fiat, their actual crypto recovery rates remain significantly lower. Bitcoin and Solana’s price surges since 2022 have […]
Debts Repaid: Are 143% FTX Refund Claims Justified?
The cryptocurrency market witnessed a major upheaval following FTX’s collapse in November 2022. Investors suffered heavy losses, and the fallout led to arrests, including SBF’s imprisonment. Now, there […]
FTX Creditor Recovery: Crypto Gains Expose Reality Gap
A recent analysis suggests that FTX creditors may receive significantly less than initially anticipated when payouts are adjusted to reflect the current market valuations of cryptocurrencies. Sunil, a […]
FTX Creditors Face Potential Recovery Rates Below Initial Expectations
The recovery rate for FTX creditors may be significantly lower than initially estimated due to recent price increases in cryptocurrencies. Sunil, a prominent FTX creditor representative, suggests the […]
FTX Creditor Recovery: Far Less Than Promised, According to Rep
Contrary to initial headlines that touted a 143% recovery for FTX creditors, real crypto values suggest a much more modest picture. Sunil, a well-known FTX creditor representative, reveals […]
FTX Recovers $136 Billion, Claims Assets Not Lost in Bankruptcy
Sam Bankman-Fried (SBF), founder of the collapsed cryptocurrency exchange FTX, has claimed that FTX was never insolvent and all customer assets were not lost. The platform now holds […]
Sam Bankman-Fried Disputes FTX Bankruptcy Claims, Sees Full Customer Recovery
Sam Bankman-Fried maintains that FTX was never technically bankrupt. He asserts the company has a substantial asset surplus and intends to fully reimburse all customers impacted by the […]
SBF’s FTX Claim: Billions Remain, But Crypto Community Remains Skeptical
The statement released by Sam Bankman-Fried (SBF) and his team regarding the financial health of FTX, shortly after its bankruptcy filing in 2023, has reignited controversy within the […]