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Category Crypto Bankruptcy

MainNewsCrypto Bankruptcy
FTX Secures Over 95% Of Creditor Support for Reorganization—Will It Be Enough to Turn the Tide?

FTX Secures Over 95% Of Creditor Support for Reorganization—Will It Be Enough to Turn the Tide?

FTX, a once-celebrated cryptocurrency exchange that eventually went bankrupt, announced in a recent press release that its amended reorganization p...
Aug, 23, 2024
2 min read
by Bitcoinist
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions...
Mar, 25, 2024
by Bitcoin News
FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet

FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet

A United States Judge has granted the request of FTX, the bankrupt cryptocurrency exchange, to sell off its substantial stake in an Artificial Inte...
Feb, 23, 2024
2 min read
by Bitcoinist
Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much

Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much

Bankrupt cryptocurrency lending company Celsius Network has followed behind FTX, revealing plans to disburse billions of dollars in crypto to credi...
Feb, 01, 2024
2 min read
by NewsBTC
FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress

FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress

Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous object...
Jan, 22, 2024
2 min read
by Bitcoin News