Defunct cryptocurrency exchange FTX plans to distribute claims held by "convenience class" creditors on Feb. 18.

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 ...

FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims ...

FTX Creditor Payments Begin FTX will begin paying its creditors starting 18, 2025. The very first ones to be paid are those ...

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 ...

FTX will start creditor repayments on February 18, covering claims under $50,000 with 9% interest, processed via BitGo.

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 ...

FTX to repay creditors in the Bahamas by February 18, 2025, with 9% interest, marking a significant step in restructuring.