Bankruptcy / Заголовки новостей
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance US
Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets. дальше »
2023-3-1 04:31
Texas objects to Voyager-Binance.US deal, court filing shows
Texas claims that Binance.US’s terms of service and restructuring plan contain inadequate disclosures and discriminates against Texas creditors. дальше »
2023-2-27 22:11
Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise
Speaking on a video call from a high-rise Singapore office building, Folkvang founder Mike van Rossum provided a candid account of the "messy" situation surrounding FTX's collapse and the aftermath. дальше »
2023-2-24 20:32
Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement
FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing. дальше »
2023-2-24 12:45
BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle
The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman-Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd. дальше »
2023-2-21 16:20
FTX Japan plans to resume withdrawals as early as February: Report
FTX Japan Holdings, FTX Japan and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in the United States. дальше »
2023-2-18 19:49
Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt. дальше »
2023-2-18 17:26
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's intercompany claim, court filings show. дальше »
2023-2-18 14:52
BlockFi files to dismiss SBF’s Emergent company bankruptcy case
Bankrupt crypto lender BlockFi has asked the court to dismiss a bankruptcy case filed by Sam Bankman-Fried’s (SBF) Emergent Technology company over a tussle to control 55 million Robinhood shares. дальше »
2023-2-17 12:50
Bitcoin loses $24k – as 15k coins go back onto exchanges, profits get realized
Quick Take Bitcoin broke below $24,000 on February 17, as coins returned to exchanges while short-term holders realized large amounts of profit. The post Bitcoin loses $24k – as 15k coins go back onto exchanges, profits get realized appeared first on CryptoSlate. дальше »
2023-2-17 12:22
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
The hosting firm, one of North America’s largest, settled $250 million in secured debt and settled with about 11 companies. дальше »
2023-2-17 23:52
FTX bankruptcy judge denies US Trustee’s motion to appoint independent examiner
The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX's alleged misuse of customer funds. дальше »
2023-2-15 18:34
Crypto Biz: FTX clawbacks, Genesis silver lining?
As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis, have reached a restructuring agreement. дальше »
2023-2-11 23:30
Bitfarms settles outstanding loan with BlockFi for $7.75M
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
дальше »2023-2-10 19:30
FTX debtors can issue subpoenas to company 'insiders', says court
The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate family. дальше »
2023-2-9 23:30
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. дальше »
2023-2-9 23:15
FTX’s bankruptcy judge is undecided on appointing independent examiner
A bankruptcy judge has heard both sides of a debate on whether FTX should face an independent examination, according to a February 6 report from Reuters. The post FTX’s bankruptcy judge is undecided on appointing independent examiner appeared first on CryptoSlate. дальше »
2023-2-7 00:51
Troubled crypto lender Hodlnaut in talks with potential buyers
Crippled crypto lending platform Hodlnaut is reportedly in plans to liquidate its assets together with its FTX claims. Reports indicate that the firm is allegedly signing disclosure documents with potential buyers. дальше »
2023-2-6 16:58
Potential buyers looking to purchase Hodlnaut and its FTX claims
Potential buyers are interested in purchasing embattled crypto lender Hodlnaut and its claims against defunct crypto exchange FTX, Bloomberg reported on February 6. The post Potential buyers looking to purchase Hodlnaut and its FTX claims appeared first on CryptoSlate. дальше »
2023-2-6 15:05
FTX seeks to claw back political donations by the end of February
FTX's new management is sending messages to politicians and political groups to return donations by the end of the month.
дальше »2023-2-6 21:32
Genesis unsecured creditors’ committee appointed
The seven-member committee will represent the creditors in court, having the right to participate in the reorganization plan.
дальше »2023-2-6 22:20
FTX-linked townhouse in Washington DC unlisted: Report
A few blocks from the U.S. Capitol, the townhouse belongs to Guarding Against Pandemics, a nonprofit organization founded by Gabriel Bankman-Fried, SBF’s brother. дальше »
2023-2-6 19:42
Alameda Research wallet receives $13M from Bitfinex, other sources
The assets transferred to Alameda’s consolidation wallet are reportedly part of bankruptcy recovery efforts.
дальше »2023-2-3 23:05
Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets. дальше »
2023-1-29 19:40
BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy
Bankrupt crypto lending firm BlockFi has been granted court permission to pay nearly $10 million in staff bonuses, according to a filing dated January 27. The post BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy appeared first on CryptoSlate. дальше »
2023-1-28 05:00
Silvergate Capital announces the suspension of Series A preferred stock dividends
Silvergate Capital, the parent company to the crypto bank Silvergate, has announced it will be suspending Series A preferred stock dividends as it hopes to restructure following heavy loses and FUD surroundings its exposure to several now defunct crypto entities. дальше »
2023-1-28 23:38
SBF family, associates refuse to cooperate in FTX bankruptcy case as arrest details emerge
Associates and family members of Sam Bankman-Fried are refusing to cooperate in FTX’s bankruptcy case, according to a court filing dated January 25. The post SBF family, associates refuse to cooperate in FTX bankruptcy case as arrest details emerge appeared first on CryptoSlate. дальше »
2023-1-27 02:12
New ‘Celsius token’ may be used to repay creditors: Report
It was suggested that the token could be part of a reorganization that would turn Celsius into a publicly traded, U.S.-regulated company. дальше »
2023-1-25 00:30
FTX profited from Sam Bankman-Fried’s inflated coins: Report
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.
дальше »2023-1-19 00:50
Genesis owner DCG suspends dividend payouts
Digital Currency Group (DCG) has discontinued dividend payments, according to the letter sent by the company to its shareholders on January 17. The post Genesis owner DCG suspends dividend payouts appeared first on CryptoSlate. дальше »
2023-1-18 05:06
Alameda Research had a $65B secret line of credit with FTX: Report
Sam Bankman-Fried ordered Gary Wang, FTX's co-founder, to open the alleged credit line financed by the exchange's customers.
дальше »2023-1-15 23:21
Miami-Dade gains right to remove FTX name from Heat arena
County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million.
дальше »2023-1-12 01:10
Three Arrows Capital creditors express frustration with bankruptcy process during call
3AC co-founder Kyle Davies announced regular meetings with creditors, noting that all involved parties are welcome to attend.
дальше »2023-1-12 18:54
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets
The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face.
дальше »2023-1-7 00:06
Three Arrows Capital founders subpoenaed on Twitter
3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly or is in control of a third party. дальше »
2023-1-6 19:37
SEC files limited objection to Voyager-Binance.US deal
The United States Securities and Exchange Commission (SEC) is pausing Voyager Digital’s plans to sell its assets to Binance US, according to a court filing dated January 4. The post SEC files limited objection to Voyager-Binance.US deal appeared first on CryptoSlate. дальше »
2023-1-5 01:58
DOJ will seize FTX’s disputed Robinhood shares
United States authorities will take control of Robinhood shares that are under dispute by FTX-related parties, according to various reports on January 4. The post DOJ will seize FTX’s disputed Robinhood shares appeared first on CryptoSlate. дальше »
2023-1-5 00:19
Crypto bankruptcies: the new cash cow for law firms in 2023
The potential for significant fees through regulatory compliance and representation of clients has now made cryptocurrency law a lucrative field for law firms. дальше »
2022-12-31 19:03
FTX creditors ask for names and info to be redacted from court filings
Several former FTX customers have asked for their names removed from court filings, according to a Wall Street Journal report on December 29. The post FTX creditors ask for names and info to be redacted from court filings appeared first on CryptoSlate. дальше »
2022-12-30 03:16
Public Bitcoin mining companies plagued with $4B of collective debt
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. дальше »
2022-12-25 11:30
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
дальше »2022-12-24 22:00
Third parties could return FTX funds directly to customers: Law firm
According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings. дальше »
2022-12-22 19:18
FTX creditors seek priority payout for $1.6B locked in custody wallets
A group of FTX customers seeking priority repayment of roughly $1. 6 billion locked in their custody wallet on the bankrupt FTX exchange, the Financial Times reported. The post FTX creditors seek priority payout for $1. дальше »
2022-12-21 18:00
FTX warns it will claw back political donations and contributions
The exchange has warned those who received payments from FTX or its former executives that it’s looking to recover funds, even if they were donated to charity. дальше »
2022-12-20 06:59
Sam Bankman-Fried seeks to reverse decision on contesting extradition: Report
By consenting to extradition, Bankman-Fried would be able to appear in a United States court.
дальше »2022-12-18 00:51
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”. дальше »
2022-12-17 20:00
FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried
Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research. дальше »
2022-12-15 07:15
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects.
дальше »2022-12-1 07:19
Ripple general counsel calls BlockFi bankruptcy another success for SEC’s ‘regulation by enforcement’ approach
Ripple general counsel Stuart Alderoty described BlockFi’s bankruptcy as another success for the United States SEC and its regulation-by-enforcement approach. The post Ripple general counsel calls BlockFi bankruptcy another success for SEC’s ‘regulation by enforcement’ approach appeared first on CryptoSlate. дальше »
2022-11-29 15:10
Sam Bankman-Fried says he is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO describes his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.” дальше »