Browsing Tag
Bankruptcy
161 posts
FTX Creditor secures $60m in claims from former customers
A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected…
Celsius advisors demand for $2b withdrawn before bankruptcy
Consultants overseeing the liquidation of Celsius Network LLC have demanded a return of $2 billion from significant clients.
Genesis and Gemini’s Earn program closure leads to $2 billion settlement offer for affected users
Genesis and Gemini have taken steps to compensate users affected by their failed Earn program. According to a…
3AC founder Kyle Davies ‘not sorry’ for company’s bankruptcy
Kyle Davies, co-founder of the hedge fund Three Arrows Capital, gave an extensive interview to journalist Laura Shin.
Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns
A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by…
FTX reaffirms Galaxy Asset Management as exclusive intermediary amid bankruptcy chaos
Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset…
Hedge fund LedgerPrime rebrands post-FTX bankruptcy
The digital asset hedge fund LedgerPrime has been rebranded as MNNC Group with new funding and former team…
Firm handling FTX’s bankruptcy set to be appointed as Binance’s watchdog
New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd.…
Genesis secures court approval to sell GBTC shares worth $1.3 billion
Genesis Global has secured approval from a bankruptcy court to sell approximately 35 million shares of the Grayscale…
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the…
