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Category FTX

Chinese FTX creditors file to contest discrimination in amended payout proposal

Chinese FTX creditors file to contest discrimination in amended payout proposal

A Chinese customer of FTX has filed a formal objection in the US Bankruptcy Court for the District of Delaware against the bankrupt exchange’s prop...
Chinese FTX Creditor Challenges Plan to Block Payouts in Restricted Jurisdictions

Chinese FTX Creditor Challenges Plan to Block Payouts in Restricted Jurisdictions

A Chinese creditor of FTX has pushed back against a proposal that could cut off creditor distributions to users in certain jurisdictions, including...
Over 500 Chinese creditors challenge FTX over $470M payout freeze

Over 500 Chinese creditors challenge FTX over $470M payout freeze

Chinese creditors affected by FTX’s latest legal maneuver are ramping up efforts to challenge the bankrupt exchange’s request to delay payouts to u...
FTX Claims Total $11B, With $1.4B Still Unresolved

FTX Claims Total $11B, With $1.4B Still Unresolved

Key Takeaways: FTX claims now total $11 billion, with $1.4 billion under dispute. Restricted claims include $470 million tied to sanctions or juris...
FTX asks court to cancel compensation for creditors in crypto-banned regions

FTX asks court to cancel compensation for creditors in crypto-banned regions

The FTX Recovery Trust wants the court’s approval of its new claims proposal.