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Why FTX ruling on China payouts matters: Global precedent at stake
18.7.2025
A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving at least 40 objections from creditors in China, Saudi Arabia and more
Why FTX ruling on China payouts matters: Global precedent at stake
18.7.2025
A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more
Why FTX ruling on China payouts matters: Global precedent at stake
18.7.2025
A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more
Why FTX ruling on China payouts matters: Global precedent at stake
18.7.2025
A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more
FTX users fight to unlock $2.2B in still-disputed bankruptcy claims
11.6.2025
FTX creditors are awaiting progress on at least $2.2 billion worth of disputed claims, with some users reporting issues with the KYC verification process
WazirX's Restructuring Plan Declined By Singapore Court, Hacked Indian Exchange Says
5.6.2025
Creditors were banking on a promise to have their funds distributed in April 2025. That shifted further and now looks to be in indefinite territory again
DCG, Barry Silbert Face $3.3 Billion in New Lawsuits From Genesis Creditors
20.5.2025
The Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group in an effort to recover billions of dollars owed to Genesis Global Capital. Claims of Mismanagement and Fraud The Genesis Litigation Oversight Committee (LOC) has filed two lawsuits against Digital...
FTX to Pay Over $5B to Creditors as Bankrupt Exchange Gears Up for Distribution
16.5.2025
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback
FTX Creditors to Receive Over $5B in Second Payout Starting May 30
15.5.2025
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...
FTX EU creditors can now withdraw money from Backpack exchange
12.5.2025
Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service.According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first...
WazirX Creditors Back Restructuring Plan to Payback $230M Hack Victims
8.4.2025
The scheme would trigger an initial payout within 10 business days, followed by phased resumptions of withdrawals and trading, subject to regulatory compliance
Over 90% of WazirX creditors support post-hack restructuring plan
7.4.2025
Over 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto balances...
Over 90% of WazirX creditors support post-hack restructuring plan
7.4.2025
More than 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto...
Nearly 400,000 FTX users risk losing $2.5 billion in repayments
6.4.2025
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...
Nearly 400,000 FTX users risk losing $2.5 billion in repayments
6.4.2025
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...
BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions
2.4.2025
With a May 15 deadline looming, just 43% of non-U.S. customers have claimed their distributions
FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025
30.3.2025
The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection...
Terraform Labs to Open Claims Portal for Investors on March 31
29.3.2025
Creditors must file claims by April 30, 2025, to seek potential recovery
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
29.3.2025
Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed
Terraform Labs Launches Crypto Loss Claims Portal for Creditors
28.3.2025
Terraform Labs has officially launched the Crypto Loss Claims Portal as part of its estate wind-down process following…