Browsing Tag
Bankruptcy
158 posts
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…
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…
