The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto ...

FTX Recovery Trust will distribute $2.2 billion to creditors starting March 31 under its ongoing bankruptcy plan.

The bankrupt exchange’s fourth payout will bring many customer and unsecured claims to full recovery, with preferred equity holders set to receive initial payments in May.

FTX plans to distribute $2.2 billion on March 31, with many customer claim classes reaching 100%. Here's what each class receives.

A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion ...

(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...

In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...

Binance, one of the world’s largest crypto exchanges, is making a play for its competitor FTX Trading, which was on its own acquisition spree before reports surfaced that it was battling insolvency.