bankruptcy
* FTX creditors can choose cash or crypto payout at market value. * Judge approved voting plan for creditors on June 25. * Creditors dissatisfied with proposed 118% cash return plan. * Vote aims to gather feedback from FTX customers. * Creditors have until Aug. 16 to vote on the plan. * FTX has recovered $11.
bankruptcy
* FTX debtors seek authorization for second phase of investigation into US exchange collapse. * Focus on Sullivan & Cromwell's representation, claims against former shareholders, and balance sheet discrepancies. * Investigation expected to take 10 weeks and cost $3 million. * Previous report alleged FTX misconduct, including using customer funds to cover
bankruptcy
* FTX bankruptcy costs exceed $700 million, with $500 million in fees approved. * Top earners include Sullivan and Cromwell with $254 million and Alvarez and Marsel with $133 million. * FTX CEO John Ray III charged $5.6 million with an hourly rate of $1,300. * Official Committee of Unsecured Creditors requests
bankruptcy
Former pro footballer Tom Brady was roasted by comedians and former teammates during a Netflix-streamed event. One of the most viral moments was when comedian Kevin Hart joked about Brady's role in promoting the bankrupt crypto exchange FTX. Hart quipped about why the event wasn't held