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Tag: Bankruptcy

Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK

June 20, 2024 wp-bot Bitcoin News

According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently

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Japanese exchange BitFlyer to acquire FTX Japan

June 20, 2024 wp-bot Cointelegraph

FTX Japan, a Japanese subsidiary of the collapsed FTX exchange, is preparing to return with a new owner after repaying its customers in 2023.

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FTX victims go after company’s assets from criminal forfeiture

June 17, 2024 wp-bot Cointelegraph

Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth

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FTX creditors object to bankruptcy reorganization plan

June 6, 2024 wp-bot Cointelegraph

The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.

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FTX Reaches Settlement With IRS on $24 Billion Tax Claim

June 4, 2024 wp-bot Bitcoin News

Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within

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FTX reaches $200M settlement with IRS on tax bill

June 4, 2024 wp-bot Cointelegraph

The agreement, which is subject to a court approval, resolves a major hurdle for FTX bankruptcy process.

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