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In December 2024, Binance, the world’s leading cryptocurrency exchange by trading volume, ramped up its efforts to maintain a high-quality and secure trading environment by delisting a number of ...
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
A new restructuring plan from the fallen FTX cryptocurrency exchange is expected to give 98% of its creditors more than 118% of allowed claims. The plan follows a previous offer in October 2023 ...
Failed crypto exchange FTX ’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within ...
FTX’s Official Committee of Unsecured Creditors said its input on the exchange’s current draft bankruptcy exit plan was ignored and warned it would submit its own if FTX continued to ignore it.
Failed crypto exchange FTX has announced an updated plan for sending 90% of distributable funds—money it has recovered—to former customers in its bankruptcy proceedings, but that doesn't ...