Legal
US court delays Do Kwon hearing as prosecutors unveil 4 terabytes of evidence
Prosecutors presented 4 terabytes of new evidence that needs to be reviewed, prompting court to delay Do Kwon's hearing for review.
Assad Jafri 3 min read
Bankruptcy News
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Bankruptcy
FTX creditors in Nigeria, Russia, China, Ukraine and others excluded from reimbursements
While FTX processed initial payouts to smaller creditors, users from excluded regions await solutions.
People
Sam Bankman-Fried seeks clemency, empathizes with President Donald Trump over legal convictions
The convicted FTX founder said his frustration with the Biden administration's crypto policies fueled a secrete shift in political allegiance to the Republicans.
Latest Bankruptcy News & Analysis
Bankruptcy
FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken
Receivers with claims under $50,000 benefit from full payouts plus 9% interest, while larger claimants await funds next year.
Bankruptcy
Phishing attempt strikes FTX creditors on the brink of repayments
FTX data leak fuels phishing scams as creditors brace for long-awaited repayments.
Legal
Former Celsius CEO seeks delay in sentencing amid complex legal battle
Mashinsky's defense team argued that the case's complexity and litigation obligations necessitate sentencing delay.
Exchanges
WazirX creditors to decide on recovery plan or risk lengthy liquidation
WazirX's phased compensation plan seeks to deliver up to 80% recovery despite skepticism and regulatory complexities.
Bankruptcy
FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending
Small creditors to see 100% reimbursement as FTX begins fund distribution amid bankruptcy settlement.
Exchanges
Singapore court backs WazirX plan for post-hack revival
Zettai aims to expedite creditor recoveries and relaunch WazirX with enhanced features following critical court decision.
More Bankruptcy News Headlines
Bankruptcy
FTX and Backpack dispute sale of European arm to former insiders’ crypto platform
Bankruptcy
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
Exchanges
Former FTX execs buy FTX EU to expand Backpack Exchange in Europe
Bankruptcy
