Former FTX Customer Sues Hedge Fund
FTX Customer Sues Hedge Fund Over Alleged Bankruptcy Gains
This development comes as the court approves the FTX reorganization plan, which is expected to repay over 120% of creditor claim values.
FTX cleared to repay billions to customers after bankruptcy plan approval
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange collapsed.
Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.
Bankruptcy Judge Greenlights FTX’s $16 Billion Customer Repayment Plan
FTX, the now-defunct cryptocurrency exchange, is set to distribute up to $16 billion to its customers following a court hearing.
FTX bankruptcy plan would give ex-customers an extra 19%
Creditors will receive up to $16.5 billion, nearly two years after their funds were frozen by the crypto firm’s shocking bankruptcy, according to a plan approved by a judge Monday.
Justice has not been served, FTX customers react to bankruptcy plan confirmation
Customers whose digital assets are locked in now defunct-cryptocurrency exchange FTX have not benefited from the rebound in crypto prices since the platform imploded nearly two years ago, they said in response to the court approval of the company’s bankruptcy proceedings.
2 Reasons The Multi-Billion FTX Payout Will Not Send Crypto Higher
In other words, even with the billions that are owed and due to be distributed to FTX creditors 1) the investors most likely ...
NBC DFW8d
FTX bankruptcy judge approves more than $14 billion payback plan two years after exchange collapsed
A Delaware bankruptcy judge approved FTX's reorganization plan almost two years after the crypto exchange spiraled into ...
Sam Bankman-Fried’s FTX: creditors poised for $16.5 billion payout in landmark bankruptcy settlement
Creditors of the defunct cryptocurrency exchange FTX are set to recover up to $16.5 billion (£12.6 billion) following the ...
decrypt3d
FTX Creditor Says Hedge Fund Owes Him for Claim It Bought at '42% Discount'
An FTX creditor sold his $1.59 million bankruptcy claim to a hedge fund. Now he's suing because he says the firm owes him ...
CCN on MSN6d
FTX Reorganization Plan Approved: Here’s When Creditors Will Be Paid
The Delaware bankruptcy court has approved FTX’s reorganization plan. 98% of creditors will receive at least 118% of their ...
cryptonews7d
FTX Reorganization Moves Forward as US Bankruptcy Judge Grants Approval
A US judge just approved FTX’s bankruptcy plan, paving the way for over $16 billion in repayments to creditors.
Who Is Ryan Salame, Disgraced FTX Exec Who Reported to Prison on LinkedIn
Ryan Salame, once a high-ranking executive at bankrupt cryptocurrency company FTX, took to LinkedIn this week to share that ...
Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors
The dismissal follows a second report from an independent examiner that found Sullivan & Cromwell didn't ignore red flags in ...