Plaintiffs’ focus has narrowed to one law firm that they allege enabled FTX’s rise and concealed its faults. A motion to dismiss and a request for leave to amend the complaint are now before U.S.

FTX’s bankruptcy case continues to move forward as the exchange prepares for its next round of creditor repayments, set to begin at the end of September. The update offers progress for creditors still ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...

FTX is set to begin its second creditor payout starting on May 30, targeting to distribute more than $5 billion to eligible claimants, according to the estate’s Thursday announcement. Payments will be ...

FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken. FTX Recovery Trust announced that they will begin distributions of more ...

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The FTX Estate has sued token issuers NFT Stars and Delysium, alleging they failed to deliver tokens owed under investment agreements with Alameda Ventures. The lawsuits, filed in Delaware bankruptcy ...

FTX has filed lawsuits against NFT Stars and Delysium (Kurosemi) for failing to deliver tokens owed under investment agreements The lawsuits seek return of over 83 million SIDUS, 831,000 SENATE, and ...

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Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million in ...

FTX plans to start the next distribution for debt recovery by May 30. The bankruptcy process has attracted criticisms from creditors who claim administrators mismanaged assets. FTX CEO John Ray III ...

FTX has confirmed its readiness to begin repayments for Bahamas creditors this month, ahead of larger disbursements expected in Q1 2025. FTX Bahamas will start creditor repayments on Feb. 18 via BitGo ...