The ruling allows 3AC’s liquidators to pursue a much larger recovery from FTX’s bankruptcy estate, adding to the complexity ...
According to Sunil Kavuri, an FTX creditor and advocate, the round of repayments starting in May will include claims for a value above $50,000. These creditors will need to choose a distribution ...
Binance, the largest crypto exchange, began liquidating its FTT tokens, which represent FTX's equity, and the token's value dropped more than 90% in one week. After hearing the news, a liquidity ...
The world's largest cryptocurrency by market value dropped as much as 7% on Friday to $78,273 ... It has fallen 16% in the past week, its biggest weekly drop since the collapse of the FTX crypto ...
Kavuri shared a detailed ‘FTX global customer distribution’ pie chart from the November 2022 ... FTX estimated that the total value of refunds scheduled for the May distribution will range ...
Creditors are scheduled to receive roughly 119% of their adjudicated claim value, according to the bankruptcy plan. Arkham Intelligence also pointing to FTX’s wallet outflows as evidence of the ...
That said, in previous cycles so-called bull-market corrections have sent bitcoin tumbling as much as 35%. Given that BTC hasn't had a meaningful pullback since the yen carry trade unwind last August, ...
The start of FTX repayments to creditors on Feb. 18 marks ... % of their claim amount plus 9% interest per annum, based on the value of their holdings on Nov. 11, 2022 — the day the ...
stressing that they technically had the same net asset value even though some versions made Alameda seem less risky than it was by renaming its borrowing from FTX. He asked her why she had sent a ...