reimbursement
- Crypto Exchanges
Kraken and BitGo to Handle FTX Creditor Reimbursement Early 2025
Collapsed cryptocurrency exchange FTX has announced plans to start repaying creditors and customers in early 2025 as the company nears…
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FTX to Begin Multi-Billion Repayment to Customers After Receiving Court Approval
FTX, the once-prominent cryptocurrency exchange, has finally received court approval for its bankruptcy plan, which will enable it to repay…
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FTX Customers Outraged Over Reimbursement Plan, Set to Receive Only 10-25% Back
FTX creditors are set to recover only a fraction of their cryptocurrency holdings, with estimates ranging from 10% to 25%,…
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FTX Nears Resolution: IRS Settles $24 Billion Tax Dispute for $200 Million
Bankrupt crypto exchange FTX has reportedly reached a tentative agreement with its largest creditor, the United States Internal Revenue Service…
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Former FTX Executive Ryan Salame Sentenced to 90 Months in Prison Following Reimbursement Plan Rollout
Not long ago, cryptocurrency exchange FTX has decided to move forward with a plan that could fully reimburse some of…
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Genesis Global to Return $3 Billion to Customers in Bankruptcy Liquidation
On Friday, Crypto lender Genesis Global received court approval to refund approximately $3 billion in cash and cryptocurrency to its…
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Celsius Reinvents Bankruptcy: $3B Repayment Ready via Ionic Digital, Will FTX Follow?
After navigating Chapter 11 bankruptcy proceedings in the United States, Celsius is gearing up for the distribution of $3 billion…
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Celsius Plans to Unstake $470M in ETH for Creditor Settlement
On January 5th, Celsius, currently navigating bankruptcy proceedings since filing Chapter 11 in July 2022, announced plans to reallocate assets…
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Court Greenlights $873 Million Trust Asset Sale for FTX Creditor Repayment
In a major development for the bankruptcy proceedings of crypto exchange FTX, a Delaware bankruptcy court has given the go-ahead…
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Celsius Emerges from Bankruptcy as Repayment Plan Gets Green Light
Celsius Network, a cryptocurrency lending company that faced financial distress, is poised to emerge from bankruptcy following a Delaware bankruptcy…
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