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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 ...
S unil 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 restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235 million hack linked to North Korea’s Lazarus Group.
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.