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FTX Bankruptcy Court Hearing with Judge John Dorsey and lawyers.
Bankruptcy

FTX Bankruptcy Judge Approves Cash Payout Reorganization Plan

A U.S. bankruptcy judge has approved FTX's reorganization plan allowing creditors to recover 118% of claims in cash, dismissing in-kind payments in cryptocurrency amid criticisms from major creditors.

BankruptcyFTX bankruptcy overview with creditors and cryptocurrency graphic.

FTX Creditors Face Grim Recovery: Only 10-25% of Crypto Expected Back

Bankruptcy documents reveal that FTX creditors may receive just 10-25% of their crypto holdings. With Bitcoin prices soaring since the petition date, many are upset. Criticism of Sam Bankman-Fried ...

BankruptcyGenesis wallet transfer of 5000 ETH to FalconX analysis

Genesis Wallet Transfers 5000 ETH to FalconX Amid Bankruptcy Concerns

A recent transfer of 5000 ETH (worth $12.9 million) from Genesis's wallet, possibly tied to bankruptcy distribution, has been observed. The wallet retains 162,000 ETH, valued at $423 million. Disco...