FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken. FTX Recovery Trust announced that they will begin distributions of more ...

Adam Moskowitz, a lawyer for the investors, called the decision a victory because Florida law allows strict liability, meaning the defendants did not have to know FTX was a fraud. He said he plans ...

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate ...

“Gary has acknowledged his mistakes and deeply regrets his participation, and I have known him to be someone who takes full responsibility for his actions,” said Adam Jin, a former FTX ...

That would be a windfall for the MDL lawyers, FTX said, at the expense of their clients. MDL co-lead counsel Adam Moskowitz of The Moskowitz Law Firm told me in an email that it is the bankruptcy ...

FTX's lawyers said the company would pay back 98% of creditors at least 118% of what they're owed. The company said it would have between $14.5 and $16.3 billion available for distribution. But ...

The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt. The crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt.

“Our goal is to make the victims whole—not from getting the money from FTX, but from all of the the aiders and abettors that enabled this fraud to grow so large,” said Adam ...

FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan. “The plan contemplates ...

A group of former customers of bankrupt crypto exchange FTX are rebelling against a proposed plan that would return the entirety of the money they lost. In a lawsuit filed this week, the customers ...

Former FTX general counsel Can Sun testified on Thursday that he was not told about and did not okay the use of FTX customer funds for expenses at Alameda, Bankman-Fried’s hedge fund.

Hackers stole millions of dollars of crypto from FTX after the company declared bankruptcy. At the time, the company transferred $500 million onto a USB drive to safeguard it, per Wired.