The defunct cryptocurrency exchange partnered with Kraken and BitGo to facilitate the distribution of funds to creditors. FTX Recovery Trust will continue …
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Creditors
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Markets
Terraform Labs Gives Creditors One Last Chance—Claim Your Crypto Losses by May 16!
by shayaanby shayaanIf you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims …
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Markets
FTX Estate To Begin Paying Major Creditors With $11,400,000,000 in Cash Reserves: Report
by shayaanby shayaanThe bankrupt crypto exchange FTX is reportedly primed to begin paying its main group of creditors at the end of May. Business …
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FTX, the once-prominent cryptocurrency firm, is ready to start paying back its major creditors by the end of May. After gathering a …
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According to a new survey of FTX creditors, 79% plan to reinvest their payments into crypto. More than half of them plan …
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Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued …
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The clock is ticking for FTX creditors as the January 20, 2025 claims deadline approaches. A complex claims process, including KYC verification …
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Markets
FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors
by shayaanby shayaanAfter a lenghty and demanding process following its dramatic collapse, the FTX repayments will be starting today with $16B in total to …
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Finance
Celsius begins second distribution of $127 million to eligible creditors
by shayaanby shayaanKey Takeaways Celsius Network’s second distribution of $127 million raises recovery rate to 60.4% for creditors. Creditors will receive Bitcoin valued at …
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Markets
Celsius to Make Second Payout to Creditors ‘Soon’ as Mashinsky Awaits Day in Court
by shayaanby shayaanCelsius will soon begin a second distribution of funds to creditors, according to a court filing on Nov. 27. A total of …