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FTX CUSTOMER CLAIMS
Law firm Fenwick agrees to pay $54 million in settlement over FTX workUS law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collaps...- FTX cleared to repay billions to customers after bankruptcy plan approvalFTX received court approval for its bankruptcy plan, enabling the repayment of up to $16.5 billion to customers. The plan includes settleme...
- Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC saysFTX has said that its customers will receive 100% recovery on their claims against the company, based on the value of their accounts at the...
- FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distributionFTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focus...
- FTX expects US to reduce bankruptcy claim to $3 billion to $5 billionFTX expects U.S. gov claims in bankruptcy to decrease to $3-5 billion, leaving no money for shareholders. Founder's false claims about harm...
- FTX abandons efforts to restart its crypto exchangeFTX has been negotiating for months with potential bidders and investors, but none were willing to put in enough money to rebuild the FTX e...
- FTX debtors settle claims over Embed deal with Sam Bankman-Fried, othersThe settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.
- The hot new market in crypto? Trading FTX’s carcass.After the FTX cryptocurrency exchange filed for bankruptcy last year, Thomas Braziel, an investor who specializes in collapsed businesses, ...
- The hot new market in crypto? Trading FTX's carcassThe initial despair over FTX's failure has given way to a strange afterlife for the bankrupt exchange: a trading frenzy that has intensifie...
- FTX resolves dispute with Bahamian liquidatorsFTX and FTX Digital Markets have agreed to pool their assets and harmonise their approach to valuing customer claims to ensure equal treatm...
- FTX customers are still grappling with crypto platform's collapseFTX founder and former-CEO Sam Bankman-Fried is accused of embezzling $10 billion from unsuspecting customers to prop up his hedge fund Ala...
- FTX sues founder Sam Bankman-Fried's parentsFTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, ...
- Bankman-Fried's former crypto exchange outlines plan for potential rebootMore than 75 bidders have been contacted by the FTX estate since May to gauge industry interest in backing a relaunch of the exchange, acco...
- FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowersThe complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX an...
- FTX customer names will not be revealed by bankruptcy courtCryptocurrency exchange FTX has been granted permission by a US judge to redact the names of its individual customers from bankruptcy filin...
- FTX customer names will not be revealed by bankruptcy courtUS Bankruptcy Judge John Dorsey in Wilmington, Delaware, ruled that FTX can permanently redact the names of individual customers from its b...
- FTX US judge expresses doubts about parallel Bahamian bankruptcyLiquidators for FTX Digital Markets, the exchange's Bahamas-based subsidiary, have asked US Bankruptcy Judge John Dorsey to let them seek a...
- FTX reaches deal to recover over $400 million from hedge fund ModuloBahamas-based Modulo agreed to pay $404 million in cash and give up its claim to $56 million in assets held on FTX's crypto exchange, accor...
- FTX judge weighs demand for independent bankruptcy investigationFTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.
- FTX customers file class action to lay claim to dwindling assetsThe lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding with liquidators in the Bahama...
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