FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken. FTX Recovery Trust announced that they will begin distributions of more ...

Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million ...

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate ...

Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it ...

The bankruptcy estate of collapsed cryptocurrency exchange FTX has sued the company's former rival Binance in an attempt to recover $1.76 billion or more. The lawsuit seeks "at least $1.76 billion ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

A US judge has cleared the way for billions of dollars to be refunded to former customers of bankrupt crypto exchange FTX. At a court hearing in Wilmington, Delaware, on Monday, judge John Dorsey ...

FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried's deceptions covering up FTX's ...

NEW YORK, June 25 (Reuters) - Bankrupt crypto exchange FTX received court approval on Tuesday to solicit creditor votes on a liquidation plan that would pay FTX customers back in cash, over the ...

May 28 (Reuters) - The California law firm that acted as lead outside counsel for crypto exchange FTX until just before its collapse in 2022 remains under investigation in the FTX Chapter 11 ...

FTX's lawyers said the company would pay back 98% of creditors at least 118% of what they're owed. The company said it would have between $14.5 and $16.3 billion available for distribution. But ...

The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt. The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt.