A digital scale balancing Bitcoin and fiat, symbolizing the contentious FTX payouts and the Bitcoin valuation debate.
Bitcoin News

Shocking FTX Payouts: Bitcoin Valuation Controversy Ignites Crypto Bankruptcy Debate

The cryptocurrency world is abuzz with the latest developments from the FTX bankruptcy proceedings, as the court greenlights significant FTX payouts to former customers and creditors. This long-awaited step towards recovery is, however, shrouded in controversy, particularly regarding the contentious Bitcoin valuation used for these repayments. For many, it’s a bittersweet moment, offering a glimpse […]

A stack of crypto coins and cash, symbolizing the significant FTX payout for crypto creditors after a major claims reduction.
Uncategorized

FTX Payout Breakthrough: $2.2 Billion Claim Cut Unleashes $1.9 Billion for Crypto Creditors

In a landmark development offering a beacon of hope for thousands affected by the exchange’s collapse, the FTX Recovery Trust and debtor FTX Trading have announced a monumental step forward: a forthcoming distribution of $1.9 billion to FTX creditors. This eagerly anticipated FTX payout, set to commence on September 30, 2025, follows a crucial reduction […]

Urgent FTX Update: Navigating Complex Ineligible Creditor Claims - What You Need to Know
Blockchain News

Urgent FTX Update: Navigating Complex Ineligible Creditor Claims – What You Need to Know

The FTX saga continues to unfold, and the latest development is causing ripples of concern among creditors. If you’re an FTX creditor, or simply following the cryptocurrency bankruptcy proceedings closely, you need to pay attention. Recent reports indicate a significant hurdle in the repayment process: a large number of claims are originating from jurisdictions currently […]