Backpack Exchange started off a formal procedure to help former FTX EU clients recover their funds. The company launched a claims process on April 1, 2025, to help return assets to affected users. The ...

Backpack allows former FTX EU users to reclaim euro balances after KYC verification, following its acquisition of the bankrupt crypto platform's EU arm. Crypto exchange Backpack announced that ...

Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX said ...

Nearly all customers of collapsed crypto exchange FTX (FTT-USD) will get repaid in full, plus interest, according to a reorganization plan published earlier this week. FTX estimated that it owes some ...

A group of former customers of bankrupt crypto exchange FTX are rebelling against a proposed plan that would return the entirety of the money they lost. In a lawsuit filed this week, the customers ...

Kevin George is a crypto writer and editor for Investopedia. He holds a master's degree in finance and has extensive knowledge and experience in the areas of trading, markets, and economics. Bloomberg ...

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. FTX creditors will only get 10–25% of their cryptocurrency back, ...

Aug 8 (Reuters) - A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew ...