News with the tag "creditor repayments"

FTX Digital Markets, the Bahamian subsidiary of the collapsed cryptocurrency exchange FTX, will begin repaying creditors next week. The repayment process follows FTX’s reorganization plan, which took effect on January 3 after years of bankruptcy proceedings and litigation to recover funds. FTX Credi...

The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.

A Genesis creditor conducted a large Ethereum sale, signaling a crucial development in the ongoing liquidation process. This creditor is the largest recipient of the Genesis Trading bankruptcy proceedings. The post Genesis Creditor Sold over 12,000 ETH Amid Market Uncertainties appeared first on Cry...

Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing...

“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.