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Cryptorank

Category Bankruptcy

MainNews Bankruptcy
New FTX EU Owner Backpack Initiates Customer Claims Process

New FTX EU Owner Backpack Initiates Customer Claims Process

Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification.
BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions

BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions

With a May 15 deadline looming, just 43% of non-U.S. customers have claimed their distributions.
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle

FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle


Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed.
FTX’s Initial $1.2B Payout Process to Creditors Is Underway

FTX’s Initial $1.2B Payout Process to Creditors Is Underway

The payments are being distributed in U.S. dollars through BitGo and Kraken.