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X @BSCN
BSCN· 2026-03-19 03:50
🚨JUST IN: FTX SET TO DISTRIBUTE $2.2B TO CREDITORSFTX (@FTX_Official) has announced its fourth payout to creditors.The distribution is scheduled for March 31, 2026. Approximately $2.2 billion will be released.Eligible creditors include both Convenience and Non-Convenience classes. Recipients must meet pre-distribution requirements.According to reports, funds are expected within 1–3 business days after processing. ...
X @Wu Blockchain
Wu Blockchain· 2026-03-19 01:12
FTX to Distribute $2.2B in Fourth Payout on March 31FTX said it will make its fourth distribution of approximately $2.2 billion on March 31, 2026, to approved creditors (including Convenience and Non-Convenience classes) that have satisfied the pre-distribution requirements.Funds are expected to arrive via the selected distribution channel within 1–3 business days. FTX also set April 30, 2026 as the record date for preferred equity interests, with related payments planned for May 29, 2026.https://t.co/VrdDv ...
X @BSCN
BSCN· 2026-03-18 20:03
🚨 BREAKING: FTX TO DISTRIBUTE $2.2 BILLION TO CREDITORS ON MARCH 31Fourth round of repayments just announced. This one brings several creditor classes to full recovery:U.S. customer claims hit 100% cumulative recovery. General unsecured and digital asset loan claims also reach 100%. Convenience Class creditors get 120% of their original claims.International customers (Dotcom claims) reach 96% cumulative with an 18% distribution this round.Payouts through BitGo, Kraken, and Payoneer within 1-3 business days. ...
X @CoinDesk
CoinDesk· 2026-03-18 16:47
BREAKING: FTX Recovery Trust will distribute approximately $2.2 billion to creditors in its fourth payout on March 31, 2026. https://t.co/Tk1RjU4Dy9 ...
X @Arkham
Arkham· 2026-02-12 06:26
ALAMEDA DISTRIBUTING $15M SOL TO CREDITORSAlameda Research’s estate just distributed $15M SOL to creditors in their latest monthly tranche. They moved out $15.60M SOL to 25 separate addresses, as part of continual distributions that have been ongoing for 21 months now.Alameda still holds $314.95M SOL in its on-chain wallets. Will these SOL distributions get SOLd straight into the market? ...
X @Bloomberg
Bloomberg· 2025-10-29 11:30
Financial Distress & Control - A distressed-debt fund is taking control of one of the largest malls in America [1] - The move wiped out some creditors [1] - Holders of bonds once rated AAA are facing steep losses [1] Industry Impact - The situation highlights potential risks in the commercial real estate sector [1] - Distressed-debt funds are actively seeking opportunities in struggling assets [1]
X @CoinDesk
CoinDesk· 2025-10-22 13:27
RT CoinDesk Podcast Network (@CoinDeskPodcast)NEW @BTCSZN2 "Bankruptcy can't just be right. It has to seem right. And I think this is really a case where it didn't seem right", in partnership with @blockspacepod!Feat: @jonathanrjones & @sophbridgesWe discuss:⚡ Creditors repaid at market low valuations⚡ $1 billion in bankruptcy fees⚡ Hundreds of thousands of creditors (unique)👇🇨🇦⤵️ 🍕 ...
X @Bloomberg
Bloomberg· 2025-10-15 04:05
Financial Distress - Thames Water's creditors need to compromise to enable larger future returns [1] Restructuring - Thames Water's creditors need to cede ground now to pave the way for a bigger payback in future [1]
X @Arkham
Arkham· 2025-09-30 14:59
Creditor Distributions - The FTX Estate will distribute approximately $1.6 billion in cash and/or stablecoins to creditors [1] - Distributions will be made through Bitgo, Kraken, and Payoneer [1] - Creditors will receive funds over the next three days [1]
X @Bitcoin Archive
Bitcoin Archive· 2025-09-30 13:30
JUST IN: FTX Recovery Trust will send $1.6 billion in stables to creditors today at 8 PM ESTThey will distribute a total of $16.5 billion. https://t.co/WCuIYa5oVU ...