creditors

Creditors of FTX Face Challenge from $24 Billion IRS Tax Claim, Posing Risk of Bankruptcy for Victims

Cino GaperiDec 12, 20233 min read

FTX Creditors Challenge Massive IRS Tax Claim In a recent court filing, FTX’s creditors disputed the U.S. government’s claim for $24 billion in unpaid taxes from…

FTX Creditors Contest IRS Regarding Enormous $24 Billion Tax Demand

Wyatt NewsonDec 12, 20233 min read

FTX Debtors Raise Concerns Over IRS Tax Claim Debtors of FTX have expressed their worries about the Internal Revenue Service’s (IRS) claim of $24 billion in…

FTX Warns of Delay in User Fund Recovery Due to IRS Tax Bill Impacting Creditors

Cino GaperiDec 12, 20232 min read

FTX Protests IRS Tax Claim The IRS has made a substantial $24 billion tax claim against FTX, which has been contested by the legal team of…

FTX predicts IRS tax bill will completely wipe out creditors’ chances of significant recovery

Coinan PorterDec 12, 20232 min read

A $24 Billion Tax Bill Could Impact FTX Recovery Plans The bankrupt crypto exchange FTX has stated that a proposed $24 billion tax bill from the…

Potential Impact of Increasing Cryptocurrency Prices on Celsius Creditors: Analysis

Owen PatterDec 5, 20232 min read

If digital asset prices continue to climb, Celsius creditors may face a bad deal as the bankrupt crypto lending firm could pay its cash-based debts by…

Report: Zipmex Proposes 3.35 Cents Per Dollar Payment to Creditors for Their Claims

Owen PatterNov 30, 20232 min read

Zipmex Proposes Repayment Plan for Creditors The troubled cryptocurrency exchange, Zipmex, has put forward a proposal to repay its creditors 3.35 cents per dollar for their…

ZipMex’s Debt Settlement: Creditors Offered 3.35 Cents on the Dollar in $97 Million Fiasco

Bitro ConwellNov 29, 20232 min read

Zipmex Proposes Restructuring Plan with Reduced Repayment Zipmex, a struggling Thai crypto exchange, has put forward a restructuring plan that involves paying its creditors a fraction…

Zipmex, a crypto exchange in Thailand, allegedly proposes creditors an offer of approximately 30 cents for every dollar

Noah RyptonNov 29, 20232 min read

Troubled Zipmex Offers Creditors 30 Cents on the Dollar Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part…

Proposed Restructuring Plan by Zipmex Offers Creditors 3.35 Cents Per Dollar Repayment

Wyatt NewsonNov 29, 20232 min read

Zipmex Offers Repayment Plan to Creditors Zipmex, the troubled crypto exchange, has presented a new proposal to repay its creditors. As part of its restructuring efforts,…

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