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Mt. Gox moves 2,500 Bitcoin as price approaches $89,000
The ongoing Mt. Gox Bitcoin transfers highlight potential market volatility and uncertainty as creditors await full compensation. The post Mt. Gox moves 2,500 Bitcoin as price approaches $89,000 appeared first on Crypto Briefing. дальше »
2024-11-12 08:36 | |
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WazirX to restart trading and share revenue to pay back victims of $235m hack
WazirX plans to restart trading alongside new features, a recovery token, and a decentralized exchange to make creditors whole. Speaking at the company’s fourth town hall session on YouTube, WazirX co-founder Nischal Shetty disclosed plans to airdrop “recovery tokens” to… дальше »
2024-11-7 10:13 | |
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Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors
Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2. 19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025 Defunct crypto exchange Mt. дальше »
2024-11-5 17:25 | |
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FTX agrees to $228m settlement in ByBit lawsuit
The FTX bankruptcy estate has agreed to a $228 million settlement with crypto exchange Bybit and its investment division Mirana, as part of its efforts to recover assets for its creditors. According to an Oct. 24 filing, the FTX bankruptcy… дальше »
2024-10-28 10:36 | |
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Mt. Gox delays repayment deadline, pushes it to October 2025
The defunct exchange had an original repayment deadline of October 31, 2024 Mt. Gox said the delay was down to creditors not completing the repayment steps and issues arising from the repayment process In 2024, Mt. дальше »
2024-10-12 00:31 | |
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Mt. Gox clients won’t get paid again in 2024: How is the industry reacting?
Bankrupt crypto exchange Mt. Gox has once again postponed the repayment deadline for its creditors. Now, some victims of its collapse will not be able to receive funds until next year. The new report shows that most creditors have already… дальше »
2024-10-12 19:19 | |
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FTX to fully repay investors after bankruptcy plan receives judge approval
FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across more than 200 jurisdictions FTX collapsed in November 2022 amid allegations of fraud and customer fund mismanagement A US judge has approved FTX’s bankruptcy plan to use billions of dollars in recovered assets to repay […] The post FTX to fully repay investors after bankruptcy plan receives judge approval appeared first on CoinJournal. дальше »
2024-10-8 00:37 | |
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FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan
Over 94% of creditors voted in favor of the plan, which promises to return 118% of their claims in cash. дальше »
2024-10-2 11:56 | |
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FTX сreditors reveal compensation details: What’s wrong with it?
Users were confused by the news that FTX clients would receive between 10% and 25% of the value of the deposited crypto assets. Why did this happen? Sunil Kavuri, one of the creditors, recently said several other changes are also… дальше »
2024-10-1 21:51 | |
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FTX token surges 57% - So why are creditors still worried?
FTX token surged 113% but corrected, was trading 31.53% higher at $2.14. FTX creditors may only recover 10-25% of their cryptocurrency holdings, per updated documents. Rumors have been swirlThe post FTX token surges 57% - So why are creditors still worried? appeared first on AMBCrypto. дальше »
2024-9-30 19:00 | |
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FTX Creditors Could Receive 10% to 25% of Their Crypto Back
FTX creditors might get 10%-25% of their crypto back, pending court approval of a restructuring plan in October. Payment forms and market effects remain key concerns. The post FTX Creditors Could Receive 10% to 25% of Their Crypto Back appeared first on BeInCrypto. дальше »
2024-9-28 15:40 | |
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FTX bankruptcy faces new hurdles as SEC flags repayment concerns
The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case. The plan, which includes repaying creditors through stablecoins or other digital assets, has prompted the SEC to reserve the right to challenge these transactions under federal securities laws. дальше »
2024-9-3 02:47 | |
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Alameda Research Offloads $WLD Tokens, Repaying Creditors Amidst Financial Woes
Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1. дальше »
2024-8-29 11:30 | |
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Celsius distributes $2.53 billion, some creditors leave funds unclaimed
Bankrupt crypto lender Celsius has repaid approximately $2. 53 billion to 251,000 creditors, according to an Aug. 26 court filing. This repayment represents around two-thirds of eligible creditors by number and about 93% of the total eligible value. дальше »
2024-8-27 16:45 | |
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Celsius repays two-thirds of its creditors
Celsius has repaid $2. 53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their funds, many due small amounts. Former CEO Alex Mashinsky faces fraud charges, with $4. дальше »
2024-8-27 14:36 | |
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FTX’s Reorganization Plan Under Fire for Unequal Creditors Treatment
The US Trustee and FTX creditors wants the court to reject the failed firm's reorganization plan due to its significant lapses. The post FTX’s Reorganization Plan Under Fire for Unequal Creditors Treatment appeared first on BeInCrypto. дальше »
2024-8-26 01:00 | |
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Former FTX exec files lawsuit as exchange announces reorganization gains support
Bankrupt crypto exchange FTX announced on Aug. 21 that its reorganization plan has garnered strong preliminary support from creditors. According to FTX, over 95% of creditors have endorsed the plan, representing 99% of the claims by value. дальше »
2024-8-22 12:38 | |
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Celsius Network shares new Hyperwallet-linked repayment plan
Celsius is exploring all options to pay back its creditors PayPal's Hyperwallet is expected to streamline the complicated repayment project Celsius Network, currently navigating bankruptcy, The post Celsius Network shares new Hyperwallet-linked repayment plan appeared first on AMBCrypto. дальше »
2024-8-21 02:30 | |
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Mt. Gox Moves Another $2 Billion In Bitcoin, How Much Is Left?
The defunct crypto exchange Mt. Gox isn’t done with its Bitcoin repayments to creditors, as on-chain data shows that the exchange recently moved a significant amount of BTC. This has raised the question of how much Bitcoin Mt. дальше »
2024-8-15 00:00 | |
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US judge approves $12.7b settlement between FTX, Alameda and CFTC
The bankrupt crypto exchange FTX and its sister firm Alameda Research will pay nearly $13 billion to creditors, bringing an end to a months-long lawsuit filed by the CFTC. The defunct crypto exchange FTX alongside its trading firm Alameda Research… дальше »
2024-8-9 11:16 | |
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Genesis concludes bankruptcy with $4b creditor payout
Genesis Global and affiliated entities have begun disbursing $4 billion in creditor payouts following the completion of their restructuring process. According to an Aug. 2 statement, crypto lender Genesis Global started repayments to over 100,000 creditors after declaring bankruptcy in… дальше »
2024-8-4 22:11 | |
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Total Recall: Why the crypto community still worries about the Mt. Gox collapse
Ten years after its collapse, the Mt. Gox crypto exchange finally began paying off creditors. What is the reason for this process, which has dragged on for a decade? Let’s dive deep into the chronology of events associated with the… дальше »
2024-8-2 20:17 | |
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FLEX Coin struggles as CoinFLEX creditors woes worsen after OPNX closure
In recent months, FLEX Coin has experienced significant price volatility, reflecting broader turbulence within its parent platform, CoinFLEX. The token, which had reached an all-time high of $8. 16 in August 2023, has since plunged by over 90%, currently trading around $0. дальше »
2024-7-30 14:05 | |
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Trump at Bitcoin 2024, Biden withdraws, ETH ETFs launch, Mt. Gox repayments | Weekly Recap
Last week in crypto, Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 conference; spot Ethereum ETFs began trading, but ended the week with net outflows; exchanges and creditors confirmed Mt. дальше »
2024-7-28 11:56 | |
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Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows
Amid the recent recovery from a significant price correction of over 25% that sent the Bitcoin price to a 6-month low of $53,500, the largest cryptocurrency on the market has since recovered to trade in the $66,000 to $68,000 range despite the start of Mt. дальше »
2024-7-25 21:00 | |
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BlockFi Clears FTX-Related Claims, Readies For Final Creditor Distributions
Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims. This marks another step towards completing BlockFi’s bankruptcy process, allowing for the final distribution of funds to creditors. дальше »
2024-7-24 07:30 | |
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Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold. дальше »
2024-7-24 23:33 | |
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Kraken begins Bitcoin (BTC) & Bitcoin Cash (BCH) distribution to Mt Gox creditors
The long wait for Mt Gox creditors seems to finally come to an end as Kraken begins repayment The exchange is set to pay creditors $3 billion worth of Bitcoin Right when Bitcoin (BTC) and thThe post Kraken begins Bitcoin (BTC) & Bitcoin Cash (BCH) distribution to Mt Gox creditors appeared first on AMBCrypto. дальше »
2024-7-24 20:41 | |
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Bankrupt crypto lender BlockFi to start creditor repayments in July
Defunct cryptocurrency lending platform BlockFi is set to start repaying its creditors in July, 19 months after filing for bankruptcy. Collapsed crypto lending platform BlockFi will start repaying its creditors in July, nearly two years after the firm filed for… дальше »
2024-7-18 11:23 | |
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