Bankruptcy payouts to begin for FTX's Bahamas creditors after a two-year wait
FTX Bahamas creditors will start receiving payouts on Feb. 18, 2025, with claims under $50K getting full repayment plus 9% ...
OpenAI-backer Fidelity marked up its stake in Anthropic by 25% after acquiring shares in FTX bankruptcy
Mutual fund giant Fidelity acquired a stake in Anthropic in 2024 in bankruptcy proceedings for FTX.
FTX’s Bahamas arm to repay first creditor group starting on Feb. 18
FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims ...
'FTX' One Year Later: The Impact on Examiner Practice in Bankruptcy Courts
In November 2023, the Third Circuit issued a decision in ‘FTX Trading Ltd.’ that bankruptcy practitioners feared could have nationwide consequences for Chapter 11 proceedings. William Curtain and ...
financefeeds6d
FTX to distribute first round of $16B creditor repayments via BitGo
FTX creditors will receive 100% of their adjudicated claims, plus 9% interest per annum since the bankruptcy filing ...
CoinTelegraph6d
FTX’s Bahamas arm to repay first creditor group starting on Feb. 18
Related: LayerZero CEO announces settlement with FTX estate After years in bankruptcy court and ongoing litigation to recover funds from crypto firms, FTX’s debtors announced that its ...
Crypto Briefing6d
FTX to begin Bahamas creditor repayments on February 18
FTX will start creditor repayments on February 18, covering claims under $50,000 with 9% interest, processed via BitGo.
Yahoo Finance5d
Bankruptcy payouts to begin for FTX's Bahamas creditors after a two-year wait
He argues that FTX’s holdings in firms such as Anthropic, Aptos, Solana, and Mysten Labs could have been liquidated to repay creditors in full, had the company not been forced into bankruptcy.
Cryptopolitan on MSN3d
USDC finally makes full recovery from FTX market crash
USDC, Circle’s once-battered stablecoin, has finally officially pulled off a full recovery from the disaster of FTX’s ...