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FTX Trading Ltd. expunged close to 400,000 creditor claims of customers who failed to timely commence the process to verify ...
FTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, Bloomberg reported based on court proceedings in Delaware this ...
Bankrupt crypto exchange FTX has officially disqualified nearly 392,000 customer claims, totaling an estimated $2.5 billion, ...
FTX, the bankrupt crypto exchange, has recently canceled a massive number of customer claims due to failure to complete ...
Backpack, which acquired FTX EU in January 2025, has opened up the first part of the claims process to former FTX EU ...
The incentive award, devised by independent board members at the start of the bankruptcy, was intended “to account for the ...
In a recent decision in the bankruptcy case of FTX Trading, the U.S. Bankruptcy Court for the District of Delaware permitted the amendment of a timely filed proof of claim after the bar date even ...
Bitcoin has climbed more than fourfold since FTX’s bankruptcy, adding further insult to many former customers who sought to be paid in digital assets instead of dollars. Paying out all creditors ...
who hold what FTX classified as “convenience claims,” have already started getting payments, the company will make its first payment to the main group of debt holders on May 30, bankruptcy ...
Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down.