Here’s When FTX Expects to Start Repaying Customers $16.5B
The repayments come after a court-approved plan received huge support from creditors, some who stand to recover up to 140%
The repayments come after a court-approved plan received huge support from creditors, some who stand to recover up to 140%
The deal involves Trabucco giving up a yacht, two apartments, and $70 million in FTX claims and is awaiting court
Ivanov allegedly attempted to "extort" Alameda by demanding backing for Vires and Waves, or he would freeze Alameda's assets on
FTX continues with its lawsuits against former partners.
Cooperation with prosecutors and aiding in Sam Bankman-Fried's conviction could sway the former FTX executive's fate.
Two years post-FTX, exchanges prioritize asset transparency but Coinbase remains the only major without a public Proof-of-Reserves report.
The Judge said that Singh cooperated extensively with authorities, uncovering hidden FTX misconduct which earned him supervised release instead of
FTX filed for bankruptcy in late 2022, shortly after which it filed for multiple lawsuits as part of its strategy
Singh’s attorneys cited over 100 letters from family and friends attesting to his "uncommonly selfless" character.
The fallout from FTX's collapse resulted in numerous lawsuits and settlements, as per CoinGecko.