Finance News – Chapter 11

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CryptoSlate • May 15, 2025

FTX creditors poised to receive $5B by May 30 in latest distribution round

The FTX Recovery Trust plans to allocate more than $5 billion to eligible claimants by May 30, marking a significant phase in the company’s bankruptcy reorganization process.

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CBC Business • May 07, 2025

WeightWatchers files for bankruptcy after weight-loss drugs capsized industry

WW International sought Chapter 11 bankruptcy to restructure its debt following industry changes caused by the rapid rise of new obesity medications impacting its traditional reven...

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Cointelegraph • May 06, 2025

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

The sentencing outcome in this high-profile case could significantly impact investor confidence and regulatory scrutiny within the cryptocurrency lending industry, affecting market...

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