News with the tag "Repayment"

FTX is facing a delay in resolving a $470 million foreign claims dispute due to over 90 objections from creditors in 49 'restricted' countries, highlighting the complexities of international crypto regulations and insolvency proceedings.

FTX's creditor repayments are being withheld in 49 jurisdictions due to crypto restrictions, with China accounting for a significant portion of the frozen funds, while the overall repayment process shows progress despite these challenges.

FTX has begun repayments to creditors, offering hope after its collapse, with some creditors receiving up to 120% returns due to the appreciation of seized assets like Solana (SOL).