TheStreet.com2y
FTX Employees Used Company Funds to Buy Homes in the Bahamas
There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO. The news will cause unprecedented anger among customers of FTX ...
ReadWrite1d
FTX creditors owed under $50,000 to be paid this month
Defunct cryptocurrency exchange FTX plans to distribute claims held by "convenience class" creditors on Feb. 18.
FTX’s Bahamas arm to repay first creditor group starting on Feb. 18
FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims ...
EconoTimes1d
FTX Payments and FTTUSD Surge: A New Chapter in Crypto Recovery
FTX Creditor Payments Begin FTX will begin paying its creditors starting 18, 2025. The very first ones to be paid are those ...
Crypto Briefing3d
FTX to begin Bahamas creditor repayments on February 18
FTX will start creditor repayments on February 18, covering claims under $50,000 with 9% interest, processed via BitGo.
Hosted on MSN1mon
FTX creditor raises concern about bankruptcy managers’ excessive spending
Bahamas, all on FTX money instead of using more affordable accommodation. An unnamed Alvarez & Marsal employee also spent $971.74 to stay in a New York hotel for one night. Meanwhile, the ...
Ripple2d
FTX Creditors in the Bahamas to Receive First Repayments by Feb. 18
FTX to repay creditors in the Bahamas by February 18, 2025, with 9% interest, marking a significant step in restructuring.
TheStreet.com2y
FTX: DOJ Seeks to Ban Bankman-Fried From Using Signal, Slack to Contact Employees
When Bankman-Fried ran FTX, he instructed the employees of FTX and Alameda Research ... on bail on Dec. 21 after being extradited from the Bahamas where he lived. He has pleaded not guilty ...