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Cryptorank

Category FTX Creditors

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B

FTX to Begin Next Round of Cash Payouts After Claims Reserve Cut by $1.9B

Bankrupt crypto exchange FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30. The post...
Backpack Launches FTX Debt Marketplace for Creditors to Sell Claims to Third-Party Buyers

Backpack Launches FTX Debt Marketplace for Creditors to Sell Claims to Third-Party Buyers

Backpack Exchange has launched a non-profit claims sale channel enabling FTX creditors to sell their bankruptcy claims to third-party buyers, offer...
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 Seeks Court Approval for Restricted Jurisdiction Claims as 82% of Value Comes from Chinese Users

FTX Seeks Court Approval for Restricted Jurisdiction Claims as 82% of Value Comes from Chinese Users

FTX is seeking court approval to dispute claims from 49 restricted jurisdictions, with Chinese users accounting for 82% of the total value despite ...
FTX Creditors Can Now Choose Payoneer for Post-Bankruptcy Payments

FTX Creditors Can Now Choose Payoneer for Post-Bankruptcy Payments

FTX has added global fintech firm Payoneer to its list of approved distributors for creditor payouts, the FTX Recovery Trust and FTX Digital Market...