FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022. Payments will start with priority given to ...

The beneficiaries include hedge funds that picked up FTX customer claims that traded as low as 10 cents on the dollar after the company collapsed. FTX, which sought protection in November 2022, said ...

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Get the latest news on FTX! FTX was a major crypto exchange founded by Sam Bankman-Fried and Gary Wang in 2019. Its native (FTT) token served multiple roles within the FTX ecosystem, such as ...

Sean "Diddy" Combs has been "kind" to Sam Bankman-Fried, according to the embattled FTX founder. Bankman-Fried seemingly praised the disgraced rapper and Bad Boy Records founder during an ...

Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being unemployed is a lot less relaxing than it looks. FTX is set to repay $1.2 billion to ...

An additional layer of uncertainty comes from FTX Digital Markets, the Bahamas-based subsidiary of FTX, which starts repaying creditors today. In total, FTX’s repayment program will be around ...

The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022, according to data from TradingView. The sell-off is ...

Three Arrows Capital’s (3AC) liquidators won approval to increase their bankruptcy claim against FTX from $120 million to $1.5 billion, according to a court filing shared today by Michael Bottjer, ...

FTX’s bankruptcy case reveals the growing legal complexities surrounding the company’s collapse, as restructuring efforts uncover financial gaps and governance failures. With ongoing lawsuits and ...

A U.S. bankruptcy court has granted liquidators of defunct hedge fund Three Arrows Capital (3AC) permission to expand their claim against FTX to $1.53 billion, rejecting objections from FTX’s debtors ...

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