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FTX files amended reorganization plan, expects between $14.5 billion-$16.3 billion for distribution
Reuters via AOL· 3 days agoFTX said it has anticipated the figure based on monetizing assets, most of which were investments...
FTX customers are getting a rare good deal. Here’s why some are still angry
CNN Business via Yahoo Finance· 1 day agoPeople who had money in FTX at the time of its collapse nearly 18 months ago got very lucky this...
BlockFi partners with Coinbase for fund distribution, shuts down web platform
The Cointelegraph· 11 hours agoBankrupt crypto lender BlockFi is completing its wind-down of operations, revealing its intention to shut down its web platform in May. BlockFi has partnered with Coinbase to allow clients to ...
The Great Wealth Transfer: A New Generation of Stakeholders?
Denton Record-Chronicle· 1 day agoOver the two decades, more than $84 trillion in assets will be left behind by baby boomers and...
Arm, AMD Show the AI Stock Boom Is Stalling. How Nvidia Can Save the Day, and 5 Other Things to Know...
Barrons.com· 1 day agoMicrosoft unveils plan to build AI data center in Wisconsin, Airbnb sees record summer travel...
FTX crypto fraud victims to get their money back -- plus interest
TechCrunch· 2 days agoBankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange...
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 together the estate’s assets. “John and the team absolutely ...
FTX to Return Stolen Money to At Least 98% of Affected Customers
iTech Post· 2 days agoFTX is guaranteed to distribute rightful compensations to around 98% of the defrauded customers as...
A timeline of the collapse at FTX
WPIX New York City, NY via Yahoo Finance· 1 day agoFTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they...
FTX plans to give customers their money back — with one painful caveat
Business Insider· 2 days agoFTX's lawyers said the company would pay back 98% of creditors at least 118% of what they're owed....