FTX Recovery Trust suspends creditor payouts in 49 restricted jurisdictions, including China, risking forfeiture.

FTX has filed a motion to freeze creditor payouts in 49 countries with unclear or restrictive crypto laws, citing legal risks.

FTX’s bankruptcy estate has asked the court to hold creditor distributions in countries with ambiguous or restrictive ...

If the court approves the proposal, users in China, Nigeria, Andorra, Fiji, and Zimbabwe could have their claims rejected.

According to FTX creditor activist Sunil, these developments affect over 15K claims, representing approximately 5% of the ...

Court filings in the Chapter 11 case for collapsed exchange FTX suggest that users in 49 jurisdictions may see their claims ...

FTX Trading Ltd.'s trust recovering funds for creditors sued a fintech company operating in Africa, several European and ...

FTX seeks court approval for restricted jurisdiction claims as 82% of value comes from Chinese users despite being only 5% of ...

# FTX’s Bahamas liquidators have struck a deal that will result in a failed crypto bank’s administrator withdrawing a $377.419m claim against the collapsed exchange.

Chinese users make up 82% of FTX claims from restricted regions, with the China crypto ban proving a major legal hurdle in ...

The curious minds at ColdFusion unravel the deeper layers of deception hidden behind the high-profile collapse of FTX.

The $1.53 billion 3AC’s liquidators say the defunct hedge fund is owed is a steep increase from their initial claim for $120 ...