Browsing Tag
Bankruptcy
157 posts
Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure
FTX will begin its fourth creditor distribution on March 31, with about $2.2 billion set to reach eligible…
Tether’s stablecoin supremacy under threat as USDC closes the gap after market cap explosion
A quiet shift is underway in the stablecoin hierarchy. While Tether’s USDT still dominates the digital dollar market,…
Bitcoin Depot faces $18.5m arbitration, dual lawsuits over ATM drama
Bitcoin Depot Inc. is confronting legal and financial challenges after its Canadian subsidiary received an $18.47 million arbitration…
Mt Gox FUD: Bitcoin ETFs just sold more BTC than Mt Gox has left to give back
Mt. Gox-linked Bitcoin (BTC) wallets moved roughly 10,600 BTC on Nov. 17, breaking an eight-month silence that had…
New prison report flouts claim FTX could have repaid customers from $25B in assets
Sam Bankman-Fried is again challenging the core narrative of his downfall: that FTX was insolvent when it collapsed…
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…
