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Category Bankruptcy

MainNewsBankruptcy
Coinbase says FTX repayments could become a $5B market injection

Coinbase says FTX repayments could become a $5B market injection

Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liqu...
BitGo advances FTX repayment amid rising phishing threats

BitGo advances FTX repayment amid rising phishing threats

BitGo has reportedly initiated the second phase of FTX’s repayment process, marking another milestone in the exchange’s long-awaited recovery effor...
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long...
Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative

Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative

Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations...
FTX Creditors to Receive Over $5B Starting May 30

FTX Creditors to Receive Over $5B Starting May 30

FTX creditors will receive between 54-120% of their claims depending on classification, with crypto values pegged to November 2022 prices.