FTX Users With Claims Under $50,000 Begin Receiving Funds Via Kraken And Bitg...
Collapsed cryptocurrency exchange FTX has announced the commencement of payouts to users with claims below $50,000, marking a significant step in its recovery process. According to a recent announcement, these creditors will receive approximately 119% of their adjudicated claim value, which includes an annual interest rate of 9% accrued since November 2022. Kraken And BitGo […]
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The liquidator of the defunct cryptocurrency exchange has opened a portal so former users can begin making claims to retrieve their trapped funds.
CoinTelegraph continues to receive complaints from Kraken users over reportedly stolen funds. This week they created a mail group for a public petition which is being planned to be forwarded to the FBI Cybercrime division. They want Kraken to confess their guilt and make a refund. CoinTelegraph’s attempt at getting a word from Kraken has been made through their contact form but there has been no response yet at the time of publication. Phishing attack? Initial correspondence from a user was communicated to Kraken in July asking them to confirm or deny the allegation but there was no....
The Kraken support team has drawn to the attention of Cointelegraph its recent blogpost in response to various claims of compromised accounts and stolen funds on the exchange. In the last month, CoinTelegraph received two separate mails from alleged Kraken users who claim their accounts were compromised after a reported security breach on the Kraken system. Kraken was not hacked. Both cases were presented to Kraken for clarification before our articles were published about them in July and August. But in a response on Monday August 15, Kraken says the claims of a breach could be as a....
Kraken, the bitcoin exchange will be distributing bitcoins to the Mt Gox claimants as their claims get verified. Mt Gox customers may have something to look forward to in the coming days. Some of the investors in the now-defunct Bitcoin exchange Mt Gox may soon be receiving at least a part of their investments back. A recent announcement made by Kraken earlier today shows that the verification process for all the claims made so far by about 25,750 creditors may have been complete. According to the press release, the total claims received so far exceed 263, 519,268303,371 Japanese yen,....
It's been a long time coming, but Mt. Gox customers who lost their funds can finally make claims against the exchange, which filed for bankruptcy in February of 2014. According to the Notice of Commencement of Filing of Bankruptcy Claims issued on April 22, 2015, by bankruptcy trustee Nobuaki Kobayashi, users can register their claims online under certain conditions or by mail. Customers can choose to file the Exchange-Related Bankruptcy Claim online form via the Kraken Bitcoin Exchange system or through the bankruptcy trustee's own system on the MtGox website. In order to file through....