Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims New York Post FTX Customers Poised to Recover All Funds Lost in Collapse The New York TimesCollapsed FTX says it can pay most creditors back in full CNNFTX Found the Money Bloomberg

BING NEWS:
  • SEC reaches $4.47 bln settlement with now-bankrupt crypto firm Terraform Labs
    Terraform Labs reached a $4.47 billion civil settlement with the U.S. Securities and Exchange Commission, after being found liable by a jury for defrauding cryptocurrency investors who lost an ...
    06/12/2024 - 6:59 am | View Link
  • Why FTX’s Generous Bankruptcy Payouts Still Leave Some Creditors Cold
    Despite the collapsed crypto exchange's claim of recovering enough funds to pay ... the bankruptcy action most costly to creditors. Firms like Galaxy Digital could reap billions in profits from their ...
    06/9/2024 - 11:30 pm | View Link
  • Nearly all customers of FTX will allegedly get their money back, plus interest. How is that possible?
    According to the L.A. Times, the cash required to repay defrauded customers will come from assets currently under the control of FTX debtors, the U.S. Department of Justice, authorities in Australia ...
    06/9/2024 - 10:55 pm | View Link
  • FTX Investors Object to Disclosure Statement's Alleged Undervaluing of Crypto, Omitting Investigation Into Am Law 100 Firm
    It is extraordinary that in this case, there were so many important details that were not included in the disclosure statement that are key to the ultimate decision of whether you approve the plan or ...
    06/7/2024 - 4:45 am | View Link
  • FTX seeks to stop outside litigation against insiders, VC firms
    FTX on Tuesday asked a U.S. judge to stop outside litigation against company insiders and venture capital firms accused of playing a role in the bankrupt crypto exchange's collapse, saying the ...
    06/5/2024 - 2:40 am | View Link
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