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Category John J. Ray III

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FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions re...
Mar, 23, 2024
by Bitcoin News
Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary

Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary

FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ong...
Dec, 19, 2023
2 min read
by Bitcoin News
FTX Bankruptcy Revelation: $7 Billion Crypto Treasure Trove Sparks Market Anticipation

FTX Bankruptcy Revelation: $7 Billion Crypto Treasure Trove Sparks Market Anticipation

In a recent court filing, it was revealed that the bankrupt cryptocurrency exchange FTX has amassed approximately $7 billion in assets, which inclu...
Sep, 11, 2023
by CoinCu News
FTX And Genesis Clash: $175 Million Dispute Escalates Amidst Restructuring

FTX And Genesis Clash: $175 Million Dispute Escalates Amidst Restructuring

On August 17, the FTX 2.0 Coalition, comprising FTX users promoting the exchange experience, issued a statement opposing the exchange's agreement a...
Aug, 17, 2023
by CoinCu News
FTX Bankruptcy Sparks Asset Control and Reorganization Battle

FTX Bankruptcy Sparks Asset Control and Reorganization Battle

This conflict emerged following the release of a draft reorganization plan by FTX's new management team, led by Chief Restructuring Officer John J....
Aug, 10, 2023
by CoinCu News
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust

FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust

In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailin...
Aug, 01, 2023
2 min read
by Bitcoin News
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses

Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses

A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 mi...
Jul, 04, 2023
2 min read
by Bitcoin News
BREAKING: FTX Initiates Revival Efforts With New Rebrand, Investor Talks

BREAKING: FTX Initiates Revival Efforts With New Rebrand, Investor Talks

FTX is progressing with efforts to revive its cryptocurrency exchange, which seems to be a breakthrough to return to the crypto industry.
Jun, 28, 2023
3 min read
by CoinCu News
Former FTX Compliance Officer Dan Friedberg Accused Of Bribes: Report

Former FTX Compliance Officer Dan Friedberg Accused Of Bribes: Report

FTX has filed a lawsuit against a former regulatory and compliance officer at the exchange, Dan Friedberg.
Jun, 28, 2023
2 min read
by CoinCu News
FTX Debtors Release Second Investigative Report With $8.7 Billion Debt Of Exchange

FTX Debtors Release Second Investigative Report With $8.7 Billion Debt Of Exchange

FTX Debtors issued a second investigation report revealing the commingling and misappropriation of client money at the defunct crypto exchange.
Jun, 26, 2023
2 min read
by CoinCu News

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