Crypto exchange FTX is facing renewed pressure from users still awaiting payouts for $2.2 billion in disputed claims despite a second round of repayments initiated. The FTX Recovery […]
Payoneer to Facilitate Repayment of Customer Funds from FTX
FTX, the embattled cryptocurrency exchange currently undergoing bankruptcy proceedings, has partnered with Payoneer to streamline the repayment process for its users. The alliance with FTX Recovery Trust and […]
FTX Launches $5 Billion Repayment Phase: Second Major Distribution
The FTX Recovery Trust, led by renowned bankruptcy expert John J. Ray III, has initiated the second phase of repayment for creditors. This distribution, totaling $5 billion, follows […]
FTX Begins Second Repayment Phase, Distributing $5 Billion to Creditors
FTX has initiated its second phase of repayment distribution to creditors, disbursing over $5 billion. This follows a previous smaller disbursement, with Kraken and BitGo playing key roles […]
FTX Disburses $5 Billion to Creditors in Second Repayment Phase
FTX has completed the second stage of its creditor repayment plan, distributing nearly $5 billion in funds to eligible creditors as of May 30, 2025. This payout was […]
FTX Launches $5 Billion Creditor Repayment Phase
FTX has initiated the second phase of its debt repayment plan, distributing over $5 billion to creditors. This follows the company’s filing for Chapter 11 bankruptcy in November […]
FTX Begins $5 Billion Creditors Repayment: Potential Impact on Crypto Markets
FTX has initiated the distribution of $5 billion to creditors as part of its recovery process, potentially reigniting liquidity in the cryptocurrency market. The funds will be handled […]
FTX Launches Second Repayment Phase: $5 Billion to Creditors
The bankrupt cryptocurrency exchange FTX has initiated a second phase of its user repayment program, distributing over $5 billion to creditors. The move comes as part of the […]
FTX Repayments Resume: $5 Billion Disbursed to Cryptocurrency Claimants
Following the initial distribution in February, the FTX Recovery Trust has launched a second wave of payments to creditors affected by the collapse of FTX. A total of […]
FTX Creditors Set for $5 Billion Distribution, As Repayments Continue
Over $5 billion in funds is slated for distribution to FTX creditors starting May 30th as part of the ongoing repayment process. The second disbursement follows an initial […]
FTX Announces $5 Billion Repayment Plan for Creditors in May
After a lengthy period of uncertainty, FTX has announced a new phase of repayment for creditors. On May 30th, the company will distribute over $5 billion dollars to […]
FTX to Distribute $5 Billion in Creditor Payments on May 30
FTX is set to distribute $5 billion to creditors on May 30, marking the largest payout yet in the ongoing bankruptcy process. The repayment will be conducted through […]
FTX Estate to Distribute Over $5 Billion in Repayments on May 30
After two and a half years of legal proceedings following its bankruptcy, the FTX Recovery Trust will begin disbursing over $5 billion in funds to creditors eligible under […]
FTX to Repay $5 Billion to Creditors: A Step Towards Recovery
FTX Trading Ltd. has announced plans for a major disbursement of $5 billion to creditors, marking an important step towards restoring stability within the collapsed exchange. This repayment […]
WazirX Nears May Relaunch After Court Approval for Restructuring Plan
WazirX, the hacked crypto exchange, is close to resuming operations after nearly nine months of inactivity. The platform’s future hinges on a court decision in Singapore regarding its […]