FTX Initiates $5 Billion Payouts to Creditors: What You Need to Know
The FTX Recovery Trust has begun distributing a second round of payments totaling $5 billion to eligible creditors. This marks…
Category: FTX – Bankruptcy
FTX Creditors Receive Payments Amid Rising Phishing Threats: BitGo Advances Repayment Process
BitGo has reportedly initiated the second phase of FTX’s repayment process, marking a significant step forward in the exchange’s recovery…
FTX Sells Anysphere Stake for $200K — Misses Out $9 Billion
FTX Estate sold its stake in Anysphere for just $200,000 in April 2023. That decision cost creditors hundreds of millions…
FTX to Repay $11.4 Billion to Major Creditors by Late May 2025
On March 29, 2025, FTX, the once-prominent cryptocurrency exchange that collapsed in November 2022, announced it will begin repaying its…