[JURIST] Madoff trustee Irving Picard has asked a bankruptcy court to approve the release of between $2.5 and $3.5 billion in recovered assets so that it can be distributed to victims of the Bernard Madoff [JURIST news archive] Ponzi scheme. Picard has recovered over $9 billion in assets on behalf of Madoff victims but was previously delayed in his attempts to distribute the money due to disputes over how to calculate money owed to individual victims. To date, only $336...

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