Category
Articles tagged Bankruptcy.
Genesis completed its Chapter 11 restructuring in August 2024 and began roughly $4 billion of creditor distributions. See recovery rates, Gemini Earn's separate full recovery and what happened to GBTC.
The final SBF-versus-CZ outcome was not a simple Binance victory: FTX collapsed, SBF's 25-year sentence was affirmed, and CZ later received a pardon.
Voyager creditors who received both distributions recovered 70% of their allowed claims. See the 2026 wind-down, 3AC recovery and future-payment status.
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