FTX is taking a significant step towards recovering after its bankruptcy, initiating the repayment of $5 billion to creditors in a process facilitated by Kraken and BitGo. This […]
FTX Begins $5 Billion Creditor Payout Initiative
FTX Trading Ltd. and the FTX Recovery Trust have begun distributing over $5 billion to eligible claim holders as part of a second phase in the recovery efforts […]
Cetus Recovery Effort: $160 Million Frozen Funds to Return
Cetus’s recovery efforts have made progress, as SUI co-founder Adeniyi.sui announced that over $160 million of the stolen funds are now frozen and will soon be returned to […]
FTX Payouts Begin: Small Claims to Receive Funds on May 30
Good news for FTX creditors! The long-awaited payout of funds to small claims holders will begin on May 30. This marks a significant step towards recovery from the […]
FTX Commences $5 Billion Creditor Repayment: Second Major Distribution Approaching
FTX is set to distribute over $5 billion in the second major creditor repayment from its bankruptcy fund, starting May 30, 2025. The plan involves releasing funds directly […]
FTX Starts Repayment for Creditors, Offering Up to 120% Returns
After filing for bankruptcy in November 2022, FTX’s recovery plan is now distributing over $5 billion to thousands of creditors. Starting May 30th, the payouts will be processed […]
FTX to Distribute $5 Billion in Creditor Payments by May 2025
FTX has unveiled plans for a significant distribution of funds to creditors, aiming to settle over $5 billion by May 2025. John J. Ray III, the firm’s bankruptcy […]
FTX EU Users Can Access Euros via Backpack in Recovery Process
Following FTX’s bankruptcy, the recovery process for former FTX EU customers is underway. Backpack, which acquired FTX EU in 2025, has enabled euro withdrawals for eligible users. This […]
Pi Coin’s Recovery: Navigating Challenges and Seeking Hope
Pi Coin is currently facing a significant downturn, with its value plummeting from highs of $3 to approximately $0.62. This decline stems from a lack of support from […]
Mantra CEO Unveils Post-Crash Recovery Plan Following OM’s Dramatic Drop
Following a significant price plunge of over 90%, Mantra CEO, Mullin, addressed the community and presented a recovery strategy for their token, OM. He refuted allegations of insider […]
Last Chance for Terraform Victims: File Claims by May 16th for Crypto Losses
Individuals who suffered crypto losses due to the Terra collapse now have a chance to recover their funds. Terraform Labs, the company behind the fallen Terra USD token […]
Pi Coin Plummets: New Recovery Blueprint Offers a Glimpse of Hope
Pi Network is experiencing a significant downturn within the wider cryptocurrency landscape. Leading experts are exploring the potential of implementing a new liquidity model to stimulate PI’s rebound. […]
Will Market Shifts Trigger a Recovery?
Recent U.S. tariff announcements have triggered substantial selling pressure on the market, leading traders to seek signs of a short-term rebound driven by evolving economic conditions. This market […]
FTX Europe: Claim Process Begins with Backpack’s Launch
Good news for European FTX customers! Backpack, which acquired the bankrupt exchange’s European subsidiary, has officially launched its claims process, enabling users to start recovering their funds. Users […]
Backpack Exchange Launches Asset Recovery Process for Former FTX EU Customers
Backpack Exchange, a regulated cryptocurrency platform established by former FTX and Alameda staff, has initiated a claims process to assist former FTX EU customers in recovering their lost […]