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Tag: FTX.com

FTX Debtors Battle for Asset Control

FTX's debtors have clashed with the Official Committee of Unsecured Creditors (UCC) over the control of the asset of the collapsed cryptocurrency exchange. The disagreement has...

FTX Announces Creditor-Repayment Plan and Potential Relaunch Amid Bankruptcy

In a significant development, FTX, the crypto exchange founded by Sam Bankman-Fried, has revealed its creditor-repayment plan in an effort to...

FTX Reboot Proposal Presented as Part of Reorganization Efforts, FTT Jumped 10% Overnight

Disgraced crypto exchange FTX is looking to reboot its operations nearly nine months after sliding into bankruptcy. According to a draft plan filed on...

FTX Proposes Exchange Reboot in Reorganization Plan

Some former FTX.com customers could opt to receive equity, tokens or other interests in the rebooted offshore exchange instead of a cash payout....

FTX’s Draft Reorganization Plan: Zeroing FTT Claims and Subordinating Non-Customer

The document, dated July 31, 2023, outlines the draft plan of reorganization for FTX Trading Ltd. and its affiliated debtors, collectively referred to as...

FTT Token Surges 70% as FTX Exchange Gears Up for Relaunch

FTX exchange may be relaunching after navigating bankruptcy, sparking optimism. FTT token surged over 70% in value amidst FTX’s potential revival. FTX initiates discussions...

Bankrupt Crypto Exchange FTX Recovers $7,000,000,000 in Liquid Assets With More To Come – The Daily Hodl

A new report is revealing that beleaguered crypto trading platform FTX has so far recovered billions of dollars in assets. The report says that the...

FTX Misused Customer Funds Since The Beginning, New CEO Claims

John J. Ray III – CEO and Chief Restructuring Officer of FTX and its affiliated debtors – maintained that the once-prominent cryptocurrency exchange...

FTX has paid over $100M to lawyers and consultants handling its bankruptcy case

The FTX debtors said they had paid the 14 consultancy firms and the law firms handling its bankruptcy case over $100 million as of...

FTX Moves to Claw Back $3.9 Billion From Genesis

FTX wants to recoup loan repayments, collateral and assets withdrawn by Genesis in the 90-days leading up to the exchange’s declaration of bankruptcy....

Here’s How Much Money FTX Really Has Left

FTX published the fourth in a series of interim financial updates on Friday showing the bankrupt cryptocurrency exchange spent a total of $86 million...

FTX-Linked Project Serum Shilling Shitcoins on Twitter: Report

According to on-chain sleuth Zachxbt, the official Twitter account of the Solana-based decentralized finance project Serum, which had over 200,000 followers, has been...

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