Browsing Tag
Bankruptcy
162 posts
What you need to know about FTX star witness Caroline Ellison
Caroline Ellison was CEO at FTX’s sister firm, Alameda Research, as well as Sam Bankman-Fried’s ex-girlfriend. The 28-year-old…
Year after FTX collapse: what to expect from SBF trial
In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its…
Genesis went bankrupt months after Gemini reportedly withdrew $282M in crypto
Gemini Trust Co., a crypto exchange, reportedly withdrew $282 million from Genesis Global Holdco LLC months before Genesis…
Mt. Gox extends repayment deadline by one year
Mt. Gox’s trustee, Nobuaki Kobayashi, announced that the deadline for the exchange’s scheduled repayments had been extended by…
FLEX plunges 10% as Hodlnaut opposes OPNX’s $30m offer
Hodlnaut’s interim judicial managers call FLEX token “illiquid” as its price crashed 90% since August 2023. Crypto bankruptcy…
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