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FTX customers will get their money back and more—but the biggest winners are bankruptcy traders
Fortune· 2 days agoJohn Ray, FTX’s CEO who replaced Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has been in charge of cobbling ...
FTX Has Billions More Than Needed to Pay Bankruptcy Victims
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to...
FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distribution
Reuters via Yahoo Finance· 3 days agoFTX said it has anticipated the figure based on monetizing assets, most of which were investments...
Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims
New York Post· 2 days agoThe firm owes more than 2 million customers and other non-governmental creditors about $11 billion....
FTX says it can repay most customers all funds
Fox Business via AOL· 2 days agoFTX said that 98% of FTX customers will receive at least 118% of their claims, and others will receive 100% plus billions of dollars in compensation for...
Bitcoin price dips ahead of FTX and Mt Gox bankruptcy payouts
Yahoo Finance UK· 1 day agoOn Wednesday, the firm said that once it has sold off its remaining assets, it will have as much as...
FTX customers will recover all funds lost by collapsed crypto exchange
The Independent via Yahoo News· 2 days agoCollapsed crypto exchange FTX has announced that customers will recover all of their funds lost...
FTX says nearly all customers will be repaid funds lost in crypto exchange collapse
United Press International via Yahoo Finance· 2 days agoAccording to a Tuesday bankruptcy court filing, cryptocurrency exchange FTX said 98% of all its...
...Customers In Full, With Interest, As It Amasses Billions In Cash: 'This Is Just An Unbelievable...
Benzinga· 2 days agoWhat Happened: FTX has amassed more than enough cash to cover the losses incurred by its customers during its collapse in November 2022, reported Bloomberg. The company, now under the leadership ...
FTX Paying Back Victims in Full With Interest, Sold Assets | Entrepreneur
Entrpreneur· 2 days agoCryptocurrency exchange FTX, which went bankrupt in November 2022, announced that almost all of its...