Mt. Gox delays Bitcoin repayments again as creditors await full settlement
Mt. Gox extends Bitcoin repayment deadline to Oct 2026 amid ongoing administrative hurdles. Once the top Bitcoin exchange, Mt. Gox’s collapse in 2014 led to the loss of 850,000 BTC.…
FTT price on the edge as FTX creditors brace for $1.6B payout on Sept. 30
FTX creditors will receive $1.6B in reimbursement tomorrow. This is the 3rd major distribution in the bankrupt firm’s restructuring program. FTT has lost $1 psychological mark after hitting $1.20 peaks…
FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has…
Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors
Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced…
Celsius repays two-thirds of its creditors
Celsius has repaid $2.53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their funds, many due small amounts. Former CEO Alex Mashinsky faces fraud charges,…
Genesis and DCG reach in-principle agreement to recover creditors’ funds
Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is…
Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice
In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total…
After 8 years, Mt. Gox creditors may start receiving their BTC this month
Mt.Gox Bitcoin exploit took place in 2014. The exploit remains the largest Bitcoin exploit in the history of cryptocurrencies. Mt.Gox creators may however start receiving their bitcoins this month. Mt.Gox…
Top Mt.Gox creditors opt for Bitcoin payout: report
Mt.Gox Investment Fund and Bitcoinica reportedly want reimbursement from the Mt.Gox Trustee to be in Bitcoin. The two firms are two of the largest creditors of Mt.Gox, a Bitcoin exchange…
Crypto exchange Digital Surge to pay back creditors after bailout
Digital Surge lost about $33 million in the collapse of FTX. The exchange froze customer funds on November 16. The exchange had passed into voluntary administration in December. After about…