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Cryptorank

Category FTX Creditors

FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

The FTX Recovery Trust is gearing up for its third distribution to creditors affected by the exchange’s significant collapse, with payments set to ...
FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit

FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit

FTX customers claim law firm Fenwick & West was 'key' participant in $8B fraud filing updated lawsuit alleging the firm created corporate structure...
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...