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FTX Provides Details On $16 Billion Distribution Timeline For Customers And Creditors

FTX Provides Details On $16 Billion Distribution Timeline For Customers And Creditors

The long-awaited resolution for nearly $16 billion in funds owed to users and customers of the defunct crypto exchange FTX is approaching, as the e...
Nov, 21, 2024
3 min read
by NewsBTC
FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in r...
Oct, 07, 2024
2 min read
by NewsBTC
Former FTX Executive Ryan Salame Faces Judge’s Wrath Over 2023 Guilty Plea Deception

Former FTX Executive Ryan Salame Faces Judge’s Wrath Over 2023 Guilty Plea Deception

In a dramatic hearing on Thursday, a federal judge expressed his anger at former FTX executive Ryan Salame, threatening sanctions for what he descr...
Sep, 12, 2024
2 min read
by Bitcoinist
BREAKING: Former FTX Executive Ryan Salame Receives 90-Month Prison Sentence

BREAKING: Former FTX Executive Ryan Salame Receives 90-Month Prison Sentence

Ryan Salame, a former high-ranking official at Alameda Research and co-CEO of bankrupt crypto exchange FTX, has been sentenced to 90 months in pris...
May, 28, 2024
1 min read
by Bitcoinist
FTX Co-Founder Sam Bankman-Fried Transferred To New Detention Center, Details

FTX Co-Founder Sam Bankman-Fried Transferred To New Detention Center, Details

According to a Bloomberg report, Sam Bankman-Fried, the co-founder of the FTX crypto exchange, has been transferred to a temporary detention center...
May, 25, 2024
2 min read
by Bitcoinist
Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors

Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors

Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions ...
May, 08, 2024
2 min read
by Bitcoinist
FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors

FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors

According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against ...
Apr, 25, 2024
2 min read
by NewsBTC
FTX Co-Founder Sam Bankman-Fried Appeals 25-Year Conviction And Makes Unusual Request

FTX Co-Founder Sam Bankman-Fried Appeals 25-Year Conviction And Makes Unusual Request

In a dramatic turn of events, Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has been sentenced to 25 years in pris...
Apr, 12, 2024
2 min read
by NewsBTC
Sam Bankman-Fried Fraud: FTX Users Drop Bombshell Lawsuit On Bankruptcy Lawyers

Sam Bankman-Fried Fraud: FTX Users Drop Bombshell Lawsuit On Bankruptcy Lawyers

A group of FTX investors have instituted a proposed class action against US law firm Sullivan & Cromwell for their role in the bankrupt crypto exch...
Mar, 08, 2024
2 min read
by Bitcoinist
FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet

FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet

A United States Judge has granted the request of FTX, the bankrupt cryptocurrency exchange, to sell off its substantial stake in an Artificial Inte...
Feb, 23, 2024
2 min read
by Bitcoinist

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