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FTX bankruptcy case hearing in court with Judge Dorsey presiding.
bankruptcy

FTX Bankruptcy Judge Approves Reorganization Plan with Cash Payouts

A U.S. bankruptcy judge has approved the FTX reorganization plan allowing creditors to recover 118% in cash, despite calls for cryptocurrency payments. The ruling comes amid ongoing fallout from th...

bankruptcyUS Supreme Court building with Bitcoin graphics representing the Silk Road case.

US Supreme Court Declines Appeal in Significant Silk Road Bitcoin Case

The US Supreme Court has rejected an appeal related to 69,370 bitcoins tied to the Silk Road. This crucial decision allows the US government to potentially auction off cryptocurrency valued at $4.4...

bankruptcyImage depicting a courtroom related to Banq's bankruptcy case.

Judge Dismisses Banq's Chapter 11 Bankruptcy Application

A U.S. judge dismissed Banq's bankruptcy application, viewing it as an attempt to evade litigation by creditor N9, rather than a genuine organizational effort. Find out more about the ongoing legal...

bankruptcyMt.Gox compensation deadline extension announcement.

Mt.Gox Extends Compensation Deadline to 2025 for Creditors

Mt.Gox has announced an extension of the compensation deadline for creditors to October 31, 2025. This decision, made by the bankruptcy trustee with court approval, aims to ensure fair compensation...

BankruptcyFTX Bankruptcy Court Hearing with Judge John Dorsey and lawyers.

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 ...