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FTX CREDITORS
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...- 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 files plan to end bankruptcy, pay crypto creditors billionsThe company filed for bankruptcy last year after Sam Bankman-Fried agreed to turn over control of his empire to restructuring professionals.
- 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...
- Bankrupt crypto exchange FTX picks Galaxy to manage its digital assetsFTX filed for bankruptcy in November 2022 in the wake of claims that the company misused and lost billions of dollars worth of customers' c...
- Judge in FTX bankruptcy rejects media challenge, says customer names can remain secretThe names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure, a De...
- FTX gets approval for $50-million LedgerX sale, asserts $3.9-billion Genesis claimAs part of that broader effort, FTX on Wednesday said it would seek repayment of nearly $4 billion from Genesis Global Capital (GGC), the b...
- FTX points to cost, cyber risk as it opposes independent bankruptcy investigationFTX attorney James Bromley at Monday's hearing told Judge John Dorsey, who is overseeing the crypto exchange's Chapter 11 case, that the pr...
- FTX judge weighs demand for independent bankruptcy investigationThe U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to ap...
- 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 opposes new bankruptcy investigation as it probes Bankman-Fried connectionsFTX acknowledged "fraud, dishonesty, incompetence, misconduct, mismanagement, and irregularity" in its past conduct, but said that its prev...
- US treasury, financial watchdogs, companies among FTX creditors: filingThe US Treasury's Financial Crimes Enforcement Network (FinCEN) and US Internal Revenue Service (IRS) are among those owed money by FTX.
- FTX seeks court rulings on asset sales, customer privacyFTX will ask US Bankruptcy Judge John Dorsey in Delaware to approve procedures for selling affiliates LedgerX, Embed, FTX Japan and FTX Eur...
- FTX teams in U.S., Bahamas to coordinate fund recovery effortsThe U.S. team has argued that those assets must be part of the U.S. bankruptcy, because FTX Digital Markets is only a "local service compan...
- FTX gets official creditors' committee in its bankruptcy caseThe committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will r...
- Smartkarma Research: FTX Fallout - A Quick UpdateOn November 14, the Company filed a motion in the Delaware court to allow FTX to modify creditor list requirement from top 20 creditor list...
- Collapsed FTX owes nearly $3.1 billion to top 50 creditorsThe exchange owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them.
- FTX's Bahamas unit seeks Chapter 15 bankruptcy protectionThis move allows a foreign debtor to shield assets in the country. Non-U.S.-companies use the measure to block creditors who want to file l...
- FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
- FTX in touch with regulators, may have 1 million creditors, say filingsFTX's filing to a U.S. bankruptcy court, published late on Monday in the United States, said it was in contact with financial regulators an...
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