FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims ...

Mr. Ray alleges that FTX failed in part because it was “in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals,” meaning Bankman-Fried and his ...

The Fwd.us lawsuit, meanwhile, describes payments from FTX’s corporate sibling Alameda Research to Fwd.us as “part of an integrated plan by the FTX Insiders to siphon money from FTX Group ...

As mentioned in the update, FTX claimed that customers will get repayments within 60 days for the initial group. As per the FTX plan, the first group of “convenience” classes should be able to ...

according to FTX creditor Sunil, who is part of the largest group of more than 1,500 FTX creditors, the FTX Customer Ad-Hoc Committee. “Jan 20th: FTX has given until 20th Jan to fulfill pre ...

FTX's explosive new bankruptcy court filing revealed new potential legal landmines for former CEO Sam Bankman-Fried and his associates. The crypto exchange's new CEO, John J. Ray III delivered a ...

"Today's settlement reflects another mutually beneficial solution to the broader issues raised during the collapse of the FTX group," said John. J. Ray III, Chief Executive Officer of the FTX ...

In a court filing linked to FTX's Chapter 11 bankruptcy filing last week, John J. Ray, who oversaw creditor recoveries in the Enron scandal, said the concentration of power among a "small group of ...

WILMINGTON, Del., Jan. 31, 2025 /PRNewswire/ -- FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today announced that they have reached a settlement with venture ...