The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

The reorganization plan by the restructuring administration of the collapsed crypto exchange FTX has gained massive support from creditors.

Equity holders of the failed crypto exchange will receive cash equivalent to 18% of the seized assets.

FTX aims to return 100% of its assets to creditors in proposed settlement. The DOJ will oversee claims, potentially setting a ...

The native cryptocurrency of the now-defunct crypto exchange FTX, FTT, experienced a significant rise, jumping over 70% to ...

FTX creditors will receive only 10–25% of their cryptocurrency holdings from the defunct exchange after bankruptcy documents ...

FTT’s rise comes after a steep fall following FTX’s collapse in November 2022. At its peak in 2021, FTT reached nearly $80, ...

The price of FTT, the native token of the now-defunct cryptocurrency exchange FTX, has surged 60% to a high of $2.7.

The Chicago Mercantile Exchange (CME) Group’s Bitcoin Friday Futures (BFF) debuted with a record first-day trading volume ...

Israeli troops crossed the border for the first time since 2006 in a ground operation targeting Hezbollah. The Israeli military called for evacuations in southern Lebanon. As a Crisis Builds ...

The general crypto market continued on a downtrend on Monday despite Fed Chair Jerome Powell hinting at the possibility of further interest rate cuts later in the year. Ethereum traded around $ ...