Bankruptcy
FTX to begin initial distributions by March with Kraken and BitGo as partners
The effective date for FTX's reorganization plan is Jan. 3, 2025, with distributions set to start within 60 days.
Gino Matos 2 min read
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FTX recovers $14.5 million through political donation settlements
Political entities return millions in donations as FTX continues its quest to reclaim assets from Bankman-Fried's sprawling influence campaign.
Bankruptcy
Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%
Former creditors will see disbursements based on Bitcoin’s fluctuating value amid Celsius' distribution efforts.
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FTX on track to rollout repayment plan in January 2025
The final arrangements will be concluded next month, with the repayments set to start as early as 2025 starts.
Bankruptcy
DOJ targets $16 million in Binance account tied to Sam Bankman-Fried foreign bribery case
US authorities strike at Binance account amid extensive hunt for $3 billion in FTX assets.
Bankruptcy
FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage
Former Binance CEO Changpeng Zhao's tweets blamed for triggering FTX's catastrophic liquidity crisis.
Bankruptcy
Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort
FTX revealed that Crypto.com had also filed claims of more than $18 million during this bankruptcy process.
Bankruptcy
Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud
FTX alleges Salame used misappropriated funds for lavish personal investments and political contributions.
Crypto
Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments
Speculation rises over Mt. Gox's asset transfers amid ongoing creditor repayments efforts.
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FTX eyes $21 million asset recovery through settlements with bank and charity organization
Legal
FTX CEO appeals for Nishad Singh’s freedom to aid recovery efforts
Bankruptcy
FTX sues KuCoin to recover $50 million in withheld assets
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