Töölaud Hirm ja ahnus Kaevanduspallid Rahakotid Sõnaraamat Reklaamima Facebook Twitter Telegram Reddit Youtube
Turuosa ülempiirid:
24h turumaht:
Aktiivsed krüptovaluutad: 11975
Turg: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Turuosa ülempiirid
24h turumaht
11975
Aktiivsed krüptovaluutad
54.28%
Bitcoin Jaga
Coinpaprika 2024-12-17 08:45:53

FTX to Start Creditor Repayments on January 3

FTX to Start Creditor Repayments on January 3

FTX has confirmed that its Chapter 11 reorganization plan will officially take effect on January 3, 2025 , with repayments to creditors expected within 60 days. The company has partnered with BitGo and Kraken to manage the distribution process, finally offering hope to those impacted by its collapse. According to the official notice, eligible creditors must submit tax documentation and register with either BitGo or Kraken to receive their funds. If claims were transferred, payments will go only to the official transferee listed as of January 3. An additional 21-day period will allow objections before distributions begin. Further updates for other creditor groups are expected over the coming months. FTX creditors can choose to receive their repayments via USD wire transfer or stablecoins. Much of the repayment funds come from legal actions against other platforms. For example, FTX recently recovered $35 million from Gate.io after filing a lawsuit to reclaim $40 million in crypto assets. Similarly, FTX has pursued Binance and its former CEO Changpeng Zhao, seeking $1.8 billion in allegedly misappropriated funds. Following these announcements, FTX’s native token, FTT, surged by nearly 10%, hitting its highest value in 10 months. A similar price jump occurred in November when the reorganization plan received court approval. However, FTT remains 96% lower than its all-time high from 2021, highlighting the long-term impact of the exchange's collapse. FTX’s reorganization plan, approved by the bankruptcy court in October, aims to repay about 98% of creditor claims, including users in the "convenience class" with claims under $50,000. These smaller creditors are expected to be among the first to receive repayments once the plan is implemented. The downfall of FTX began in November 2022, following a liquidity crisis and the resignation of founder Sam Bankman-Fried . Bankman-Fried was sentenced earlier this year to 25 years in prison for orchestrating the fraud. His close associate Caroline Ellison, former CEO of Alameda Research, received a reduced sentence of 24 months due to her extensive cooperation with prosecutors. Similarly, FTX co-founder Gary Wang avoided jail time entirely for his role in the case after assisting authorities. In a related move, the US government transferred $33.6 million worth of crypto seized from FTX to various wallets earlier this month, sparking speculation about a possible sell-off. FTX’s reorganization marks a major step toward closure for creditors, with the company actively recovering assets to distribute among its users. The two-year saga is finally reaching its final stages, offering some relief to those who lost funds during the exchange's collapse.

Enim loetud uudised



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Turuosa ülempiirid
24h turumaht
54.28%
Bitcoin Jaga
485
Täna Uudised
Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine