2024-5-9 02:58 |
FTX's new compensation plan faces opposition as creditors demand repayments based on current asset values, not bankruptcy figures. The post FTX creditors seek repayments at current market rates appeared first on Crypto Briefing. origin »
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Experts are bullish on crypto, with Bitcoin price hovering above $62k and likely to bounce post its recent halving. The outlook is also bullish for altcoins despite negative SEC related news. As FTX reveals plans that could see creditors receive repayments of 118%, is the KangaMoon (KANG) one of the tokens to buy? FTX creditors […]
2024-5-8 14:35 | |
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Defense attorney Mark Cohen cross-examined former Alameda Research CEO Caroline Ellison after the witness said Sam Bankman-Fried cajoled her into making misleading social media statements and ordered loan repayments funded with stolen customer crypto.
2023-10-13 02:49 | |
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BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.
2023-8-23 04:38 | |
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Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following the collapse of crypto exchange FTX.
2023-3-9 16:26 | |
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FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing.
2023-2-24 12:45 | |
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Alameda recently filed a case against Voyager for retrieval of $445 million or more it gave to the crypto lender as loan repayments. The case will go up in the US bankruptcy court for the District of Delaware. FTX’s lawyers…
2023-1-31 14:17 | |
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A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.
Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week.
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.
The FTX founder is six months into a 25-year prison sentence.
A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported.
Thoma Bravo's exit from crypto underscores the lasting impact of high-profile failures on investor confidence and market stability. The post Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco appeared first on Crypto Briefing.
FRA is set to monitor Binance for compliance with a DOJ plea deal, following Binance's admission of regulatory violations. The post DOJ rejects Sullivan & Cromwell, picks FRA for Binance’s monitorship appeared first on Crypto Briefing.