FTX’s Initial $1.2B Payout Process to Creditors Is Underway The payments are being distributed in U.S. dollars through BitGo and Kraken.

Dad is filing bankruptcy but refusing to talk to creditors or be transparent about his debts. How do I protect myself/help him? I’m so stressed. See title. I don’t think he will even qualify for Chapter 7. He’s making $65k now at his current job (that he started 1.5 months ago) but was laid off November 2023 at a job where he was making $500k-$700k total compensation on average for the last 10+ years (sales). He received a severance package until this February. He bled his 401k dry He’s…

Giuliani Moved Possessions From N.Y. Apartment as Creditors Closed In Lawyers for the two election workers seeking to collect on a $148 million defamation judgment against Rudolph W. Giuliani found that he had largely cleared out his Upper East Side home.

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors Bitcoin led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transfers moved more bitcoin off the exchange.

Sacklers Threatened with Lawsuits from States and Creditors for Purdue Pharma Legal maneuverings followed a Supreme Court ruling last month that denied the Sackler family immunity from liability over its role in the opioid crisis.

Crypto Markets To See Selling Pressure in July From Mt. Gox Creditors: JPMorgan If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said.

FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in SBF’s Empire A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen.

Steve Kokinos, Creditors Named to Run Celsius 2.0 Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee.

If I claim my dead dad’s unclaimed money will I owe his creditors? Just like it says, my dad died in 2001 and has a few thousand dollars or so in unclaimed state funds. However I’ve been scared to claim it due to him never paying taxes and probably owing some money to creditors. If I claim it does that mean I’ll owe them/be responsible for his debts? Thank you. submitted by /u/Kalaian

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90% Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday.

FTX Fires Back at Creditors ‘Willing to Gamble Estate Assets on Higher Returns’ The committee of unsecured creditors criticized the bankrupt estate’s reorganization plan submitted to court in July.

Voyager Creditors Billed $5.1M for March-May by Law Firm Latest bill brings total compensation bills to $16.4 million for bankruptcy and restructuring firm.

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of ‘Karma’ The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies.