FTX Digital Markets, the Bahamian branch of the collapsed cryptocurrency exchange, will repay $1.2 billion to its first group of creditors ... the repayment structure. Since Bitcoin has risen ...
The FTX repayments started on Feb. 18 for the group known as “Convenience Class” — creditors with claims up to $50,000. These creditors are expected to receive repayments in one to three ...
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating ...
The group reportedly attracted wealthy donors by ... back against pressure to step down from the company weeks ago, FTX’s lawyers reportedly went to the senior Bankman for recourse, the New ...
"Despite presenting itself to investors and the public as a sophisticated group of cryptocurrency exchanges and businesses, the FTX Group was a self-described 'family business,'" the lawsuit claims.
FTX's explosive new bankruptcy court filing revealed new potential legal landmines for former CEO Sam Bankman-Fried and his associates. The crypto exchange's new CEO, John J. Ray III delivered a ...
In a court filing linked to FTX's Chapter 11 bankruptcy filing last week, John J. Ray, who oversaw creditor recoveries in the Enron scandal, said the concentration of power among a "small group of ...
the Bahamian unit of the collapsed cryptocurrency exchange FTX, is set to repay the first group of creditors on Feb. 18 in a significant development for the crypto industry following the exchange ...
The four companies are relatively independent from the broader FTX group, and each has its own segregated customer accounts and separate management teams, according to an FTX court filing.