Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding. Source
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Claimants
Mt. Gox Claimants Registrations Closes as Exchange Reveals Repayment Plans
The infamous hack of the Mt. Gox crypto exchange in 2014 saw it lose 850,000 Bitcoin (BTC) overnight. The situation around repaying creditors of the defunct Mt. Gox cryptocurrency exchange has reached yet another chapter. This follows after the just concluded registration exercise where clients who lost funds to the famous
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InsurAce says it will pay millions to claimants after Terra’s collapse
DeFi insurance protocol InsurAce says it was well within its rights to reduce the claims period for people affected by the Terra USD (UST) depeg event from 15 days to seven — but added it has already processed nearly all 173 submitted claims and will pay out $11 million.InsurAce (INSUR)
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Claimants mount up in arbitration for decentralization
When does decentralization stop being an experiment in technological democracy and start being a way to avoid accountability?That’s the question at the heart of a potential $100 million arbitration lawsuit against cryptocurrency exchange Binance, where close to 1,000 traders seek damages for losses suffered during the site’s outage on May
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