Browsing Tag
Bankruptcy
161 posts
FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon
Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal prison…
Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides
Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving…
Bitcoin ATMs were crypto’s street-corner bank. Now regulators are shutting the door
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto. They turned the process…
CLARITY Act is not law yet, but the markup is a major retail adoption trust catalyst
The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, and the National…
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…
