Browsing Tag
Bankruptcy
161 posts
Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in…
BlockFi partners with Coinbase to distribute assets recovered from FTX
Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of…
FTX has billions more than needed to repay bankruptcy victims
Bankrupt cryptocurrency exchange FTX has amassed billions in extra money to fully repay its 2 million customers, marking…
Pantera bought more Solana tokens from FTX’s bankruptcy auction
Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction…
Mt. Gox creditors reveal payment update on claims system
Several the Mt. Gox platform creditors immediately reported an update to their claims account
What awaits FTX after Sam Bankman-Fried’s 25-year sentence?
What does the future hold for the platform now that Bankman-Fried faces decades in prison, and is there…
FTX discount sale of $1.9 billion locked Solana faces creditor fury
FTX creditors have strongly disapproved of the bankrupt crypto exchange’s decision to sell its Solana holdings at a…
FTX estate sold $1.9b Solana at discount price
While FTX creditors decried unfair bankruptcy proceedings and decisions, the defunct crypto business offloaded a trove of Solana…
FTX ad-hoc grows to $700k in claims as community prepares for bankruptcy vote
The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims.
Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares…
