NEW YORK, NY – Nishad Singh, the former head of engineering at FTX, was spared jail time on October 30, receiving a sentence of time served and three years of supervised release due to his ...

FTX's court-approved reorganization plan is set to begin reimbursements by January 2025, focusing on overseas creditors. Creditors are expected to recover only 10-25% of their losses, sparking ...

FTX will announce the plan's effective date by next month, pending court approval of the reserve for disputed claims. With over a decade of crypto coverage, Cryptonews delivers authoritative insights ...

FTX is finalizing its Chapter 11 plan, with customer and creditor distributions expected to start in January 2025. Customers must complete KYC verification and tax forms to receive payouts, with the ...

FTX needs to finalise agreements with distributors before it can begin repaying customers. Those repayments are expected to begin in March, the company said. FTX expects to start repaying jilted ...

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