FTX reorganization plan announced, FTT rallies

2023-8-1 15:40

The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0. On May 23, the exchange revealed its initial plan to relaunch the project with its new…

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ftx plan project new exchange announced called

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Источник: btcmanager.com

ftx plan → Результатов: 59

FTT Token Surges 17% After FTX Confirms Rumors Of Relaunch

Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only.

2023-8-1 15:08
ftx relaunch exchange rumors bankruptcy plan reorganization

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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash

In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash.

2023-8-1 15:00
cash exchange ftx ftt token ongoing revamped

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FTT holders left hanging in proposed FTX restart plan

Bankrupt FTX has submitted a proposal to restart its international exchange if it can get the offshore customers to agree, according to a July 31 court filing. FTX restart plan According to the filing, FTX classified its creditors into different categories, including one that called its international users the “dotcom customers.

2023-8-1 13:10	FTX
ftx restart filing plan according international customers

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FTX обнародовали план реорганизации биржи

Обанкротившаяся криптовалютная биржа FTX представила план реорганизации. В числе прочего, он предполагает создание новой оффшорной торговой площадки. План разделяет всех пользователей FTX Trading на четыре группы: клиенты Dotcom.

2023-8-2 12:53	#биржи
ftx план реорганизации всех разделяет площадки торговой

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FTX Plans to Restart Crypto Exchange for International Customers

Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.

2023-8-1 06:39	sam bankman-fried
exchange debtors specific pool assets create offshore

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Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing

According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die."

2023-7-22 21:49	sam bankman-fried
bankman-fried court survive bunker plan foundation build

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UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.

2023-7-20 13:43
crypto gambling collapse ftx lessons risks deal

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FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan

FTX disputes BlockFi's recharacterization and argues the claims must undergo nuanced due process instead. The post FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan appeared first on BeInCrypto.

2023-7-6 16:35
claims blockfi ftx bankruptcy plan opposes downgrading

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Genesis granted plan extension; judge says FTX can’t take part in mediation

A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings.

2023-6-6 01:41	legal
genesis plan extension judge bankruptcy recovery must

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FTX files objection to Genesis after being snubbed in $0.00 claim estimate

FTX and its associated debtors declared numerous objections to Genesis’s bankruptcy proceedings and recovery plans in a June 2 court filing. FTX’s claim estimated at zero On May 9, Genesis began to seek a 100-day extension for its Chapter 11 recovery plan.

2023-6-3 17:16	Bankruptcy
genesis ftx claim recovery may zero filing

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FTX token jumps 12% after news of possible restart emerges

Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing, Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform.

2023-5-23 17:49	FTX
restart ftx token ray possible court may

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FTX 2.0 launching soon? Court filing shows a reboot plan in the works

The new FTX CEO has undertaken a series of meetings over the past month to work on relaunching the failed crypto exchange by entering into a bidding process.

2023-5-23 12:09	Bankruptcy
ftx relaunching work month past failed bidding

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Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially

The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors.

2023-5-18 00:19	Binance
binance ftx almost bought creditors handing assets

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Genesis Lawyers to Answer $3.9 Billion FTX Clawback Amid DCG Default

A recent FTX clawback demand has placed additional pressure on Genesis bankruptcy lawyers as other companies await a compensation plan . The post Genesis Lawyers to Answer $3.9 Billion FTX Clawback Amid DCG Default appeared first on BeInCrypto.

2023-5-8 15:30	Cryptocurrency Exchange
clawback ftx genesis lawyers dcg amid default

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FTX confirms plans to restart its Japanese exchange

Bankrupt crypto exchange FTX said it postponed the potential sale process of its Japanese subsidiary to explore its reopening. The bankrupt firm’s management noted that while many investors had signified interest in acquiring FTX Japan, it halted the sales plan to maximize its value to continue operating efficiently and profitably.

2023-4-27 18:39
ftx bankrupt exchange japanese investors acquiring japan

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Canadian pension fund to avoid crypto after $95M FTX loss

The Ontario Teachers’ Pension Plan decided to steer clear of crypto investments after losing $95 million in FTX. The lost funds represent just 0.05% of the fund’s portfolio, but was stillThe post Canadian pension fund to avoid crypto after $95M FTX loss appeared first on AMBCrypto.

2023-4-22 14:30	News
crypto ftx fund pension canadian avoid loss

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Canadian pension fund to avoid crypto after the $95 million FTX loss

2023-4-22 14:30	News
million ftx crypto pension fund canadian loss

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Ontario Teachers' Pension Plan Won't 'Rush' Into Crypto After FTX Write-Off: FT

The $190 billion Canadian pension fund is "still working through what exactly happened there," according to its CEO.

2023-4-21 14:51	Canada
pension through working fund exactly still happened

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FTX relaunch could be funded by Tribe Capital

Tribe Capital could provide financial support for FTX’s reopening plans, Bloomberg reported April 18. That report says that Tribe co-founder Arjun Sethi met with FTX’s unsecured creditor committee in January to discuss a possible reopening plan.

2023-4-19 01:08	Exchanges
tribe ftx capital could reopening unsecured arjun

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FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report

The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."

2023-4-19 20:20
ftx reboot company working all sell exchanges

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FTT skyrockets by over 60% as relaunching plan discussed in latest hearing

The infamous bankrupt crypto exchange - FTX - has recovered assets worth $7.3 billion, according to a report by Reuters. The updated number showed an addition of over $800 million in liquid assets to The post FTT skyrockets by over 60% as relaunching plan discussed in latest hearing appeared first on AMBCrypto.

2023-4-12 22:30	News
latest hearing ftt assets discussed skyrockets plan

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DebtDAO set to burn 18m FTX user debt (FUD) tokens

DebtDAO, a decentralized autonomous organization focused on debt management, announced its plan to burn 18 million FTX user debt tokens. The decision to burn the tokens results from a demand frenzy for the debt tokens causing a shortage in the…

2023-2-7 16:59	FTX
debt tokens burn debtdao user ftx decision

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Australian Crypto Exchange Digital Surge to Pay Back Creditors After Losing $33M on FTX

Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan.

2023-1-26 11:44	policy
australian creditors surge digital exchange out bailed

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Bankruptcy Court Approves FTX’s Plan to Sell Ledger X

Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Embed, a stock trading platform with regional branches, are among the assets.

2023-1-14 19:17	SBF
trading platform bankruptcy court ftx derivatives delaware

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FTX Opposition to $1B Binance Deal Is 'Hypocrisy and Chutzpah,' Voyager Says

The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states

2023-1-9 13:12	policy
ftx voyager trading opposed states arm federal

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Customers interfered with FTX’s plan to sell subsidiaries

FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the process.

2023-1-6 15:01	FTX
subsidiaries customers ftx regarding process four seek

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FTX Linked Robinhood Shares Worth $460 Million To Be Seized By U.S. Justice Department

The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related with Sam Bankman-Fried, who was the founder and former chief executive officer of […]

2023-1-6 17:42	sam bankman-fried
justice department ftx shares robinhood related markets

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FTX Japan to Allow Customers to Withdraw Funds Starting in February

The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.

2022-12-31 17:58	Business
ftx customers japan crypto collapsed back money

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DeFi-проект Mercurial меняет название, чтобы стереть связи с FTX

Ориентированная на стейблкоины некастодиальная биржа Mercurial сменила название на Meteora в попытке дистанцироваться от потерпевшей крах биржи FTX. 1/ Announcing The Meteora Plan: Our comprehensive technology and token plan with the singular goal of building a long-term, sustainable, and composable yield layer for Solana.

2022-12-29 17:02
meteora ftx mercurial plan название singular goal

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Democrats Plan on Returning at Least $9.85M in FTX Donations

One by one, U.S. political groups are announcing they will return the millions Sam Bankman-Fried donated to them. Sending Back the Money The U.S. political system is still dealing with...

2022-12-21 00:39	sam bankman-fried
political one donated bankman-fried millions sam sending

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Auros Global expects to resume regular operations following restructuring plan

The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.

2022-12-20 21:12	FTX
firm reportedly trading crypto suffered ftx collapse

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FTT traders stand in a high-risk zone amid SBF's plans to relaunch token

FTT raced to double-digits uptick after SBF endorsed trader’s recovery plan opinion On-chain profit and loss remained in the same region FTX Token [FTT] recorded a 30.39% increase in less The post FTT traders stand in a high-risk zone amid SBF's plans to relaunch token appeared first on AMBCrypto.

2022-12-11 00:30	News
ftt token sbf relaunch zone stand traders

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Genesis yet to enable customer withdrawals amid FTX contagion

Genesis, a US-based crypto lending platform, informed its customers that withdrawals might be halted for weeks while it develops a plan to avoid potential bankruptcy.

2022-12-8 12:34	Voyager
withdrawals genesis weeks halted might develops potential

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DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX

The plan will see Mercurial launch its popular products as a separate project under the name Meteora.

2022-12-7 13:39	Tech
mercurial project popular see products launch separate

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FTX Japan Plans to Restart Local Customer Withdrawals

FTX has approved its Japanese subsidiary's plan to restart withdrawals for customers.

2022-12-3 15:12	policy
restart ftx withdrawals subsidiary japanese plan customers

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FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says

Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation.

2022-11-28 17:08	policy
streamline financial plans previously said market had

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Pension Giant Ontario Teachers to write Off All $95 Million Invested in the bankrupt Crypto Exchange FTX

The Ontario Teachers’ Pension Plan (OTTP), one of Canada’s largest pension funds, announced on Thursday plans to write off its entire $95 million investment in the bankrupt FTX cryptocurrency exchange.

2022-11-23 20:19	Regulation
pension million exchange bankrupt ftx ontario write

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Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment

The Ontario Teachers' Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. The post Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment appeared first on BeInCrypto.

2022-11-19 22:00	FTX News
ftx ontario down investment teachers plan pension

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Upbots issues recovery plan in light of FTX, Alameda exposure

Algo crypto trading platform, Upbots, detailed its recovery plan established due to its exposure to the fallout of FTX, and Alameda Research. The post Upbots issues recovery plan in light of FTX, Alameda exposure appeared first on CryptoSlate.

2022-11-18 00:41	#tokens
ftx alameda upbots exposure recovery plan light

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Binance Mulls FTX White Knight Role—What Comes Next?

This incident will set us back a bit, but then the industry will become healthier, Binance CEO Changpeng CZ Zhao said in a CNBC interview today. Binance Weighs Rescue Plan...

2022-11-17 17:00	voyager digital
binance changpeng ceo healthier industry zhao said

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Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure

The deal fell apart just about two months after it was announced.

2022-11-16 23:54	Business
apart fell deal two months exposure announced

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Huobi's Unit Provides 'Unsecured Financing' to Support Victims of FTX Drama

Journalist and insider Colin Wu shares details of Hong Kong-based unit of Huobi's plan to cover client losses

2022-11-15 18:43
unit huobi hong details shares plan losses

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FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg

Company previously submitted plan for approval that would allow customers to assess and respond to derivatives risks in real time.

2022-11-12 22:42	Business
derivatives plan assess time customers allow respond

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Largest Asset Manager and a Pension Fund Among Those Affected by FTX Meltdown

The world's largest asset manager, BlackRock, and the Ontario Teachers' Pension Plan are among those who have suffered from the fall of FTX. The post Largest Asset Manager and a Pension Fund Among Those Affected by FTX Meltdown appeared first on BeInCrypto.

2022-11-10 09:39
those largest among ftx asset manager pension

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Using Systems Thinking To Learn From FTX’s Mistakes

Matthew Pines lays out China’s plan for world domination while reflecting on Bitcoin and the mistakes FTX made when building their inferior system.

2022-11-11 07:00	FTX
ftx mistakes bitcoin reflecting made building when

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Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale Is Approved: Report

A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.

2022-10-21 12:22	policy
still could payout plan bankruptcy needs approve

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Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale is Approved

A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.

2022-10-20 12:22	policy
could still plan payout approve bankruptcy scrap

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Voyager [VGX]: Creditors oppose the immunity plan, details inside

Following the confirmation of FTX as the winner of the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd, its creditors have challenged the proposed plans to offer the company’The post Voyager [VGX]: Creditors oppose the immunity plan, details inside appeared first on AMBCrypto.

2022-10-15 07:30	News
voyager creditors inside vgx oppose details plan

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FTX Offers Partial Bailout Plan To Voyager Investors

FTX has made a joint offer with West Realm Shires Inc and Alameda Ventures Ltd, to provide early liquidity to customers of Voyager Digital which filed for bankruptcy in New York earlier this month.

2022-7-25 15:00	BNC insights
voyager ftx customers digital filed early liquidity

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2023-8-1 15:40

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