FTX Creditors to Expect Payouts as Reorganization Plan Commences in January 2025
FTX sets creditor payouts for January 2025 under its reorganization plan, with over $6.6B to be distributed in cash, exceeding locked fund values.
FTX sets creditor payouts for January 2025 under its reorganization plan, with over $6.6B to be distributed in cash, exceeding locked fund values.
Ex-Alameda co-CEO Sam Trabucco to forfeit $70M claim, a yacht, and SF condos in settlement with FTX, benefiting creditors.
FTX sues Binance and ex-CEO CZ for $1.8 billion, alleging fraudulent share buyback and actions that contributed to FTX's downfall.
FTX’s bankruptcy team files a $100M lawsuit against SkyBridge and Scaramucci, citing alleged violations and questionable investments tied to pre-collapse deals.
Ryan Salame, ex-FTX executive, starts his seven-and-a-half-year sentence at FCI Cumberland after pleading guilty to illegal contributions.
US Judge approves FTX's bankruptcy plan, allowing $6.6 billion in creditor payouts over the next two months.
FTX estate auctions 22.3 million Worldcoin tokens at a steep discount, causing WLD price to drop by 2%.
FTX's $16 billion repayment process is set to begin, potentially sparking a crypto bull run as funds re-enter the market.
Caroline Ellison, ex-Alameda CEO, sentenced to 2 years for her role in FTX's $8B fraud, while her cooperation aided Bankman-Fried's conviction.
Prager Metis settles with the SEC for $1.95M over audit misconduct in FTX case, citing failures in financial disclosure and standards.
Sam Bankman-Fried files an appeal for a new trial, accusing Judge Lewis Kaplan of bias and arguing that FTX faced a liquidity crisis, not insolvency.
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