Browsing Tag
Bankruptcy
157 posts
Coinbase says FTX repayments could become a $5B market injection
Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as…
Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative
Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction…
FTX Creditors to Receive Over $5B Starting May 30
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May…
FTX announces $5b second distribution to eligible creditors
FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading…
Sei Foundation looks to acquire bankrupt 23andMe in major DeSci move
The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring…
FTX and Alameda unstake $23 million worth of Solana amid efforts to settle creditor debts
Defunct FTX and its affiliate, Alameda Research, have unstaked and transferred 185,345 Solana (SOL), valued at $22.9 million,…
US court delays Do Kwon hearing as prosecutors unveil 4 terabytes of evidence
A US federal court has postponed a key hearing in the case against Terraform Labs co-founder Do Kwon…
FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken
Creditors of the defunct crypto exchange FTX have begun receiving their initial payouts in their Kraken accounts, marking…
Former Celsius CEO seeks delay in sentencing amid complex legal battle
Lawyers for former Celsius Network CEO Alex Mashinsky have asked a federal judge to postpone his sentencing by…
FTX Issues Clarification on Backpack’s Acquisition and Fund Repayment Claims
Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm,…