Catenaa, Wednesday, May 21, 2025-FTX creditors will receive more than $5 billion from the bankrupt crypto exchange’s estate beginning May 30, according to the FTX Recovery Trust’s Thursday statement. This marks the second phase of the bankruptcy estate’s repayment plan. Four creditor groups are set to receive funds, with payouts ranging from 54% to 120% […]

Catenaa, Monday, March 31, 2025-FTX will start repaying major creditors on May 30, 27 months after its collapse, but claims will be valued at the November 2022 bankruptcy filing price, significantly lower than current market values.  Bankruptcy attorney Andrew Dietderich confirmed that the defunct exchange, now under CEO John Ray III, will distribute funds from […]