2023-8-8 23:30 |
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.
Similar to Notcoin - Blum - Airdrops In 2024
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FTX and its affiliated debtors announced they are on track to implement their Chapter 11 Plan of Reorganization by Jan. 2025, which will set distributions for creditors and customers. According to the timeline shared in the firm’s announcement, the final arrangements with specialized distribution agents will be completed in December, allowing customers in supported jurisdictions […] The post FTX on track to rollout repayment plan in January 2025 appeared first on CryptoSlate.
2024-11-22 05:00 | |
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FTX got court approval to proceed with its reorganization plan. Some seemed unhappy with the FTX plan. The US bankruptcy court has approved the reorganization plan of defunct crypto exchThe post FTX plan approved: Victims to receive cash, not crypto appeared first on AMBCrypto.
2024-10-8 14:00 | |
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A US bankruptcy court has granted FTX approval to solicit votes on a liquidation plan that pays customer claims in cash, Reuters reported on June 25. The cash payment plan would pay customers based on crypto prices at the time of FTX’s November 2022 collapse, overriding objections from customers who seek higher amounts because crypto […] The post FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object appeared first on CryptoSlate.
2024-6-26 04:00 | |
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In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their investments.
2024-5-9 05:00 | |
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FTX files an updated plan for creditor reimbursement. Customers could see full recovery under the new plan. The post Over $16 Billion on the Line: FTX’s Plan to Repay Creditors appeared first on BeInCrypto.
2024-5-8 06:57 | |
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Kraken co-founder Jesse Powell doubts FTX 2.0's potential to bounce back from bankruptcy
2023-8-2 18:52 | |
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The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0. On May 23, the exchange revealed its initial plan to relaunch the project with its new…
2023-8-1 15:40 | |
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Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only.
2023-8-1 15:08 | |
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In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash.
2023-8-1 15:00 | |
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Bankrupt FTX has submitted a proposal to restart its international exchange if it can get the offshore customers to agree, according to a July 31 court filing. FTX restart plan According to the filing, FTX classified its creditors into different categories, including one that called its international users the “dotcom customers.
2023-8-1 13:10 | |
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Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.
2023-8-1 06:39 | |
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According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die."
2023-7-22 21:49 | |
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The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.
2023-7-20 13:43 | |
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FTX disputes BlockFi's recharacterization and argues the claims must undergo nuanced due process instead. The post FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan appeared first on BeInCrypto.
2023-7-6 16:35 | |
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A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings.
2023-6-6 01:41 | |
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FTX and its associated debtors declared numerous objections to Genesis’s bankruptcy proceedings and recovery plans in a June 2 court filing. FTX’s claim estimated at zero On May 9, Genesis began to seek a 100-day extension for its Chapter 11 recovery plan.
2023-6-3 17:16 | |
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Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing, Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform.
2023-5-23 17:49 | |
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The new FTX CEO has undertaken a series of meetings over the past month to work on relaunching the failed crypto exchange by entering into a bidding process.
2023-5-23 12:09 | |
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The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors.
2023-5-18 00:19 | |
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A recent FTX clawback demand has placed additional pressure on Genesis bankruptcy lawyers as other companies await a compensation plan . The post Genesis Lawyers to Answer $3.9 Billion FTX Clawback Amid DCG Default appeared first on BeInCrypto.
2023-5-8 15:30 | |
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Bankrupt crypto exchange FTX said it postponed the potential sale process of its Japanese subsidiary to explore its reopening. The bankrupt firm’s management noted that while many investors had signified interest in acquiring FTX Japan, it halted the sales plan to maximize its value to continue operating efficiently and profitably.
2023-4-27 18:39 | |
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The Ontario Teachers’ Pension Plan decided to steer clear of crypto investments after losing $95 million in FTX. The lost funds represent just 0.05% of the fund’s portfolio, but was stillThe post Canadian pension fund to avoid crypto after $95M FTX loss appeared first on AMBCrypto.
2023-4-22 14:30 | |
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The Ontario Teachers’ Pension Plan decided to steer clear of crypto investments after losing $95 million in FTX. The lost funds represent just 0.05% of the fund’s portfolio, but was stillThe post Canadian pension fund to avoid crypto after the $95 million FTX loss appeared first on AMBCrypto.
2023-4-22 14:30 | |
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The $190 billion Canadian pension fund is "still working through what exactly happened there," according to its CEO.
2023-4-21 14:51 | |
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Tribe Capital could provide financial support for FTX’s reopening plans, Bloomberg reported April 18. That report says that Tribe co-founder Arjun Sethi met with FTX’s unsecured creditor committee in January to discuss a possible reopening plan.
2023-4-19 01:08 | |
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The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."
2023-4-19 20:20 | |
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The infamous bankrupt crypto exchange - FTX - has recovered assets worth $7.3 billion, according to a report by Reuters. The updated number showed an addition of over $800 million in liquid assets to The post FTT skyrockets by over 60% as relaunching plan discussed in latest hearing appeared first on AMBCrypto.
2023-4-12 22:30 | |
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DebtDAO, a decentralized autonomous organization focused on debt management, announced its plan to burn 18 million FTX user debt tokens. The decision to burn the tokens results from a demand frenzy for the debt tokens causing a shortage in the…
2023-2-7 16:59 | |
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Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan.
2023-1-26 11:44 | |
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Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Embed, a stock trading platform with regional branches, are among the assets.
2023-1-14 19:17 | |
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The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states
2023-1-9 13:12 | |
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FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the process.
2023-1-6 15:01 | |
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The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related with Sam Bankman-Fried, who was the founder and former chief executive officer of […]
2023-1-6 17:42 | |
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The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.
2022-12-31 17:58 | |
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Ориентированная на стейблкоины некастодиальная биржа Mercurial сменила название на Meteora в попытке дистанцироваться от потерпевшей крах биржи FTX. 1/ Announcing The Meteora Plan: Our comprehensive technology and token plan with the singular goal of building a long-term, sustainable, and composable yield layer for Solana.
2022-12-29 17:02 | |
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One by one, U.S. political groups are announcing they will return the millions Sam Bankman-Fried donated to them. Sending Back the Money The U.S. political system is still dealing with...
2022-12-21 00:39 | |
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The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.
2022-12-20 21:12 | |
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FTT raced to double-digits uptick after SBF endorsed trader’s recovery plan opinion On-chain profit and loss remained in the same region FTX Token [FTT] recorded a 30.39% increase in less The post FTT traders stand in a high-risk zone amid SBF's plans to relaunch token appeared first on AMBCrypto.
2022-12-11 00:30 | |
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Genesis, a US-based crypto lending platform, informed its customers that withdrawals might be halted for weeks while it develops a plan to avoid potential bankruptcy.
2022-12-8 12:34 | |
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The plan will see Mercurial launch its popular products as a separate project under the name Meteora.
2022-12-7 13:39 | |
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FTX has approved its Japanese subsidiary's plan to restart withdrawals for customers.
2022-12-3 15:12 | |
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Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation.
2022-11-28 17:08 | |
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The Ontario Teachers’ Pension Plan (OTTP), one of Canada’s largest pension funds, announced on Thursday plans to write off its entire $95 million investment in the bankrupt FTX cryptocurrency exchange.
2022-11-23 20:19 | |
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The Ontario Teachers' Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. The post Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment appeared first on BeInCrypto.
2022-11-19 22:00 | |
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Algo crypto trading platform, Upbots, detailed its recovery plan established due to its exposure to the fallout of FTX, and Alameda Research. The post Upbots issues recovery plan in light of FTX, Alameda exposure appeared first on CryptoSlate.
2022-11-18 00:41 | |
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This incident will set us back a bit, but then the industry will become healthier, Binance CEO Changpeng CZ Zhao said in a CNBC interview today. Binance Weighs Rescue Plan...
2022-11-17 17:00 | |
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The deal fell apart just about two months after it was announced.
2022-11-16 23:54 | |
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Journalist and insider Colin Wu shares details of Hong Kong-based unit of Huobi's plan to cover client losses
2022-11-15 18:43 | |
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Company previously submitted plan for approval that would allow customers to assess and respond to derivatives risks in real time.
2022-11-12 22:42 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug.
South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…
South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…
A Florida lawmaker has introduced a bill that would greenlight Bitcoin as a payment method for U.S. taxes.
Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.