ReadWrite3 weeks agoCryptocurrencyMt. Gox transfers $840M in Bitcoin as repayment deadline nearsMt. Gox moves $840 million worth of BTC, causing price dip. Repaying creditors with remaining $9.5 billion in holdings. [ more ]
Engadget1 month agoBusinessFTX plans to refund defrauded customers with interestFTX aims to repay non-governmental creditors in full with interest based on their claims. FTX will distribute between $14.5 billion and $16.3 billion to creditors through a diverse collection of assets. [ more ]
Theregister2 weeks agoBusinessFTX's $24B tax bill written down to just $200MFTX cryptocurrency exchange due $24 billion tax bill, negotiating to pay only $200 million, promising to repay customers and other creditors in full. [ more ]