Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims
Read moreFTX addresses transferred $8.3M one day before amended proposal deadline
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange.
Read moreFormer FTX exec Ryan Salame to give up $5.9M Bahamas property
Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd.
Read moreBankruptcy judge signs off on $450M FTX-Voyager settlement
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.
Read moreFTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors
According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam
Read more
FTX Estate Plans Auction for Locked Solana Tokens
Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling
Read more