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Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in U.S. dollars and minimize ...
FTX’s plan to repay customers $16 billion gets court approval. Following a lengthy bankruptcy process, FTX says 98 percent of customers who lost assets in the collapsed crypto exchange will ...
SEOUL (Reuters) -A South Korean court approved on Friday grocery retailer Homeplus's plan to sell the struggling company, in a move that the court said was aimed at providing funds to repay ...
Sunil Kavuri, an FTX creditor activist, has praised WazirX’s recovery plan, calling it “far superior” to liquidation and comparing it to failed strategies at defunct exchanges like Mt. Gox.
WazirX’s recovery plan aims to return 85% of lost funds to users by April 2025 through a court-approved restructuring.
In light of the Board’s approval of a plan of liquidation for the Fund and its recommendation that stockholders of the Fund vote for liquidation pursuant to the plan, the Postponed Meeting will ...
The date of the Special Meeting and more detailed information about the proposed liquidation and Plan will be set forth in a proxy statement to be mailed to the Fund’s stockholders in the near ...
(RTTNews) - Marin Software (MRIN) said its Board has approved a Plan of Dissolution and Liquidation, subject to the approval of stockholders. The Board has determined that an orderly wind-down of ...
The plan, assembled after previous bidder FTX itself filed for bankruptcy protection in November, had been supported by 97% of Voyager creditors who responded to the proposal, which could see them ...