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 […]

A judge's gavel and global map symbolizing the FTX liquidation breakthrough, allowing cross-border claims for creditors.
Blockchain News

FTX Liquidation: Pivotal Breakthrough Unlocks Cross-Border Claims for Restricted Jurisdictions

For many caught in the tumultuous collapse of FTX, the path to recovering lost assets has been fraught with uncertainty and frustrating delays. But a recent decision by the U.S. Bankruptcy Court offers a significant glimmer of hope, particularly for those navigating the complex landscape of FTX liquidation. This pivotal ruling promises to unlock frozen […]