Creditor Repayments

Highlights: Alameda Research distributed $15.6M in SOL to 25 creditor wallets this week. Over $300M in SOL remains in estate-linked wallets after structured OTC sales. SOL has reacted to the latest estate distribution while holding key support levels. Alameda’s bankruptcy […]

Highlights: FTX is facing renewed scrutiny after dropping its global repayment plan following major creditor opposition. FTX withdrew its motion after pressure from Chinese claimants on its bankruptcy process in Delaware. Sam Bankman-Fried insists FTX was never insolvent and blames […]

Highlights: Backpack has launched a platform to help users sell claims directly. China and Russia users can now access a new option to sell FTX claims despite regional restrictions. Legal questions continue around Backpack’s FTX EU purchase, but users have […]

Highlights: FTX has taken action against two companies for failing to return tokens tied to past agreements. The exchange stated that both firms ignored repeated requests to settle and deliver the assets. FTX is planning more lawsuits as it works […]

Highlights: Terraform Labs has launched a claims portal for UST creditors. Only specific assets qualify for compensation as crypto holdings under $100 are excluded. Terraform Labs filed for bankruptcy in 2024, and the court approved its $4.47 billion settlement with […]

Highlights: FTX creditors from restricted countries cannot get their funds due to issues with jurisdiction. Creditors must verify claims by April 11 to qualify for the next repayment round scheduled for May. The parents of Sam Bankman-Fried are seeking a […]

Highlights: Mt. Gox moved 2,500 BTC to an unknown address, worth about $222 million. The crypto exchange still holds around $3 billion worth of BTC. Mt. Gox’s transfer could trigger selling pressure, but some remain optimistic about Bitcoin. According to […]

Highlights: Judge Dorsey approved FTX’s bankruptcy reorganization plan in the October 7 hearing. 98% of creditors will receive approximately 119% of claims in cash. Critics argue against cash distributions, favoring in-kind cryptocurrency payouts instead. In an Oct. 7 hearing in […]

Highlights: WazirX forms a Committee of Creditors to involve users in its restructuring process. Hack victims may not fully recover their funds as WazirX restructures. Zettai will oversee WazirX’s creditor selection amid a $546M claims process. WazirX is taking steps […]

Highlights: FTX Token surges as speculation grows over creditor repayments, driving significant market activity. Rumors of imminent repayments fueled trading activity, leading to increased volatility in FTT’s price. Creditors criticize proposed 10-25% asset returns based on old valuations, expressing frustration […]