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Category Bankruptcy

MainNewsBankruptcy
FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown

FTX bankruptcy team rejects claims from non-compliant creditors amid KYC crackdown

Bankrupt FTX has received court approval to reject creditor claims from users who failed to begin the Know Your Customer (KYC) process before March...
Apr, 03, 2025
2 min read
by CryptoSlate
Backpack begins identity verification to repay FTX EU claimants

Backpack begins identity verification to repay FTX EU claimants

Crypto exchange Backpack has officially launched the claims process for users of the now-defunct FTX EU platform, according to an April 1 statement...
Apr, 01, 2025
2 min read
by CryptoSlate
FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity poo...
Mar, 30, 2025
by Bitcoin News
Terraform Labs launches claims portal for algorithmic UST stablecoin crash victims

Terraform Labs launches claims portal for algorithmic UST stablecoin crash victims

Terraform Labs, the bankrupt firm behind the failed TerraUSD (UST) stablecoin, has launched a crypto claims portal. This platform is designed to co...
Mar, 28, 2025
2 min read
by CryptoSlate
Sei Foundation looks to acquire bankrupt 23andMe in major DeSci move

Sei Foundation looks to acquire bankrupt 23andMe in major DeSci move

The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring its data infrastructure onto th...
Mar, 28, 2025
2 min read
by CryptoSlate