Celsius Network has initiated its third distribution of funds to creditors, aiming for a total recovery rate of 67–85%. This latest round represents a sum of $220.6 million […]
Celsius Begins Third Payment Distribution, Aiming for Full Creditor Recovery
Celsius, a defunct cryptocurrency lending platform currently undergoing a court-approved reorganization process, has announced the commencement of its third funds distribution to creditors. As part of the plan […]
FTX Distributes $5 Billion More to Creditors, Aiming for Total Recovery
FTX has initiated its second round of creditor payouts, distributing over $5 billion in a move toward fulfilling the terms of their Chapter 11 reorganization plan. Eligible customers […]
FTX Announces Second Distribution of $5 Billion to Eligible Creditors
FTX is set to distribute over $5 billion to eligible creditors in a second phase of its Chapter 11 reorganization plan. This distribution, scheduled for May 30, 2025, […]
WazirX Creditors Favor Restructuring Plan Following Major Hack
Over 90% of WazirX creditors have voted in favor of the exchange’s proposed restructuring plan following a devastating hacking incident, exceeding legal requirements and paving the way for […]