Browsing Tag
Bankruptcy
152 posts
FTX Recovery Trust Announces Third $1.6B Creditor Distribution
The FTX Recovery Trust, the organization tasked with repaying former customers and creditors of the defunct exchange, has…
U.S. bankruptcy court denies crypto swindler’s $12.5m escape hatch
A Texas bankruptcy court has slammed the door on Nathan Fuller, denying his discharge in a landmark move.…
WazirX gains crucial extension to revive post-hack restructuring plan
WazirX, once India’s largest crypto exchange by trading volume, has secured a crucial extension from Singapore’s High Court…
FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
FTX’s bankruptcy lawyers have pushed back forcefully against a $1.53 billion claim filed by failed crypto hedge fund…
Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the…
Coinbase says FTX repayments could become a $5B market injection
Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as…
Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative
Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction…
FTX Creditors to Receive Over $5B Starting May 30
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May…
FTX announces $5b second distribution to eligible creditors
FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading…
Sei Foundation looks to acquire bankrupt 23andMe in major DeSci move
The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring…
