Finance News – Bankruptcy Court
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FTX to start next creditor payout on Sep. 30 with $1.9 billion granted by court
The court’s approval to lower the claims reserve by $1.9 billion enables FTX to begin releasing payments to creditors starting September 30, marking a key step in the bankruptcy pr...
Read Full Article →Why FTX ruling on China payouts matters: Global precedent at stake
A US bankruptcy court's decision on restricting creditor payments to specific nations could influence international financial practices, as numerous objections from creditors acros...
Read Full Article →Chinese creditors challenge FTX’s bid to block billions in payouts
A group of Chinese creditors has legally opposed FTX’s recent attempt to reduce or eliminate settlements in specific jurisdictions, potentially affecting the distribution of substa...
Read Full Article →Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
A recent court decision permits Celsius Network to continue its efforts to reclaim approximately $4 billion in Bitcoin, highlighting potential financial recovery and legal implicat...
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