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FTX users reach settlement with Fenwick over exchange fraud claims
FTX users and law firm Fenwick & West have agreed to a proposed settlement in a lawsuit over the exchange’s fraud.
Cryptopolitan on MSN
Next date for FTX distributions set to April 11 for claims above $50,000
The next batch of FTX claims for traders with balances over $50,000 will be set for April 11. The schedule was revealed by ...
FTX creditors are awaiting progress on at least $2.2 billion worth of disputed claims, with some users reporting issues with the KYC verification process. Bankrupt cryptocurrency exchange FTX is ...
Bankrupt crypto trading platform FTX claims its amended reorganization plan gained overwhelming preliminary support from creditors entitled to vote. In an announcement, FTX and its affiliated debtors ...
The FTX bankruptcy estate is defending a significant claim made by Jump Trading’s subsidiary, Tai Mo Shan. The claim involves a loan agreement in which Alameda Research was supposed to deliver 800 ...
Backpack Exchange has launched a non-profit claims sale channel enabling FTX creditors to sell their bankruptcy claims to third-party buyers, offering an alternative to waiting for the official ...
“Plaintiffs advanced the same theory that they bring against Fenwick, which is that Sullivan & Cromwell’s ‘immense resources, connections to regulators, expertise, and assistance were vital to ...
FTX’s bankruptcy estate filed a lawsuit against Binance and its former CEO, Changpeng Zhao, on November 10, 2024, seeking to recover $1.76 billion. The lawsuit alleges that these funds were ...
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