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New Twist in Mt Gox Repayments: Creditors to Wait Until 2025
11.10.2024
Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays...
FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan
1.10.2024
Over 94% of creditors voted in favor of the plan, which promises to return 118% of their claims in cash
FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded
30.9.2024
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks
FTX Token spikes 70% amid looming bankruptcy distributions
30.9.2024
The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions
FTX Token spikes 70% amid looming bankruptcy distributions
30.9.2024
The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions
FTX creditors only getting '10-25% of their crypto back' — creditor
28.9.2024
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
FTX creditors only getting ‘10-25% of their crypto back’ — Creditor
28.9.2024
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
Celsius token surges 300% a month after $2.5B payment to creditors
24.9.2024
Celsius token skyrockets 300% a month after paying $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.
WazirX Creditors To Get 100% Claims Post Restructuring, Here’s How
16.9.2024
On Monday, September 16, WazirX, a popular Indian crypto exchange, organized the second townhall meeting to address creditor…
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
3.9.2024
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal,...
SEC says it could challenge FTX crypto repayment plan
2.9.2024
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
28.8.2024
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through...
Celsius Bankruptcy Admin Allocates $2.53B to 251,000 Creditors
27.8.2024
The Celsius Network bankruptcy administrator has reported the distribution of over $2.53 billion to approximately 251,000 creditors. This…
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
27.8.2024
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
27.8.2024
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report
US Trustee challenges FTX reorganization plan, citing legal concerns
25.8.2024
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations
FTX says creditors supported reorganization plan with a 95% vote
22.8.2024
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors
Mt. Gox Moves BTC Worth $784 Million; Good news for Creditors
21.8.2024
Mt. Gox has moved around 13.265k BTC worth US$ 784 Million to an address(1PuQBjp..WhTb). The sudden transaction has…
FTX and Alameda Ordered to Pay $12.7B to Creditors
9.8.2024
FTX, the failed cryptocurrency exchange, and its sister company, Alameda Research, have been ordered to pay $12.7 billion…
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
8.8.2024
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty