Browsing Tag
Bankruptcy
157 posts
FTX restores customer claims portal after cyber breach
FTX and FTX US are currently facing lawsuits involving claims worth $16 billion, with 10% already agreed upon.…
Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?
Crypto traders are talking about the SOL price falling due to the risk of FTX selling its $1.06…
SBF blames slow internet as lawyers refute DoJ claims that computer access is sufficient
Bankman-Fried, despite being granted access to an internet-enabled computer, struggles to upload documents due to poor internet speeds,…
FTX looks to claw back millions paid to Shaq, other celebrity endorsers
Financial advisers for the failed crypto exchange FTX are probing whether millions of dollars paid to celebrity athletes,…
Genesis suing DCG to recover $620m in outstanding loans
Genesis Global is suing DCG, aiming to reclaim $620 million in unpaid loans
Celsius files adversary complaint against EquitiesFirst
The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is…
FTX moving coins to BitGo, plans to settle the over $8B debt ongoing
FTX, the defunct crypto exchange, has been consolidating coins as part of efforts to settle over $8 billion…
FTX brass spent more than $2.5m in customer funds on a luxury yacht
The yacht may have been a parting gift for Sam Trabucco, who resigned from Alameda in August 2022.
Bankrupt lender, BlockFi, files to convert ‘trade-only’ tokens into stablecoins
BlockFi, the now-defunct crypto lending company, has filed a court application to move “trade-only” assets from users’ accounts…
DCG and Genesis reach landmark settlement over bankruptcy
DCG’s has reached a settlement with Genesis as they agree to reimburse creditors 70-90% as they seek tp…
