FTX's reorganization plan is approved, allowing creditors to recover between $14.7 billion and $16.5 billion in assets.

U.S. bankruptcy judge John Dorsey gave FTX the green light to repay 98% of its customers using $16.5 billion in assets ...

The new FTX administration filed a motion while seeking a settlement agreement with Caroline Ellison, the former boss at ...

Caroline Ellison has reached an agreement with the FTX bankruptcy estate to hand over the bulk of her remaining assets.

Crypto exchange FTX’s creditors are set to receive more than $12 billion in coming months in a court-approved payout plan, raising the prospect that some of the cash could be plowed back into digital ...

Not yet determined if - and how much - shareholders like Singapore's Temasek, will get back. Read more at straitstimes.com.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

The settlements allow FTX to use its assets to repay customers of its crypto exchange first, before paying potentially competing claims filed by government regulators. FTX plans to repay 98 percent of ...

Creditors will receive up to $16.5 billion, nearly two years after their funds were frozen by the crypto firm’s shocking bankruptcy, according to a plan approved by a judge Monday.