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Funding Roundup: Crypto companies raised $823M in September
Funding Roundup: Crypto companies raised $823M in September

Thirty-three DeFi companies announced raises last month, data from the TIE terminal shows

Blockworks·2024/10/07 02:24
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse

Quick Take About 94% of creditors in the “dotcom customer entitlement claims” class who returned their ballots — representing about $6.83 billion in claims by value — voted in favor of the reorganization plan. However, the plan garnered criticism from Sunil Kavuri, a representative of the largest FTX creditor group. Kavuri said the estate should pay out crypto in kind, rather than the dollar value.

The Block·2024/10/06 16:00
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