2023-3-10 12:10 |
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors. origin »
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FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts hired to assist FTX in its Chapter 11 bankruptcy case, which was filed last year after the exchange faced a series of […]
2023-3-8 16:10 | |
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A federal bankruptcy judge in the United States on March 7 approved Voyager’s long-awaited restructuring plan with Binance.US. Following the news, Voyager’s token VGX soared by almost 38% in the last 24 hours, according to data from CoinMarketCap. However, the…
2023-3-8 11:55 | |
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The ruling allows the crypto lender a path out of its bankruptcy, but it still has to undertake some due diligence with Binance US before the sale is final.
2023-3-8 02:13 | |
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The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
2023-3-7 00:42 | |
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An independent investigation could cost as much as $100 million, the Delaware court has previously been warned
2023-3-7 20:21 | |
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U.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing.
2023-3-2 18:58 | |
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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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The U.S. FTC launches a probe into Voyager Digital for misleading marketing and asks court to prevent bankruptcy proceedings from interfering with its investigation. The post FTC Wants to Prevent Voyager Bankruptcy Plans From Interfering With New Probe appeared first on BeInCrypto.
2023-2-23 23:33 | |
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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.
2023-2-21 16:20 | |
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A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's intercompany claim, court filings show.
2023-2-18 14:52 | |
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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.
2023-2-17 12:50 | |
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Cash Cloud has filed for Chapter 11 "reorganization" bankruptcy in the United States Bankruptcy Court in the District of Nevada.
2023-2-9 11:00 | |
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Cryptocurrency ATM company Coin Cloud has filed for bankruptcy, according to a document submitted to Nevada’s bankruptcy court on February 7. The post Genesis-backed Coin Cloud files for bankruptcy on its ATM network appeared first on CryptoSlate.
2023-2-9 08:30 | |
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New court documents filed on February 6 by a law firm representing high-ranking executives from Voyager Digital seek to subpoena records from top Alameda and FTX executives in a legal tit-for-tat over Voyager’s bankruptcy in July 2022.
2023-2-8 02:16 | |
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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s.
2023-2-6 00:45 | |
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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.
2023-2-4 00:45 | |
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On Jan. 28, 2023, John J. Ray III, the current FTX CEO, who led the investigations team, revealed the SBF's family involvement with the FTX bankruptcy case.
2023-2-1 21:26 | |
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Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley iThe post Core Scientific to borrow millions from investment bank after court approval appeared first on AMBCrypto.
2023-2-1 15:30 | |
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Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B.
2023-2-1 21:35 | |
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Publicly traded embattled Bitcoin (BTC/USD) miner Core Scientific (NASDAQ: CORZ) is seeking approval from the Bankruptcy Court for the Southern District of Texas Houston Division for a $70 million loan from investment bank B.
2023-2-2 21:16 | |
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Crypto lender BlockFi has received approval from the bankruptcy court to invite bids for its mining equipment. The deadline to submit bids is 20 February. The U.S. Bankruptcy Court for tThe post Bankruptcy court allows bids for BlockFi’s crypto mining equipment appeared first on AMBCrypto.
2023-1-31 15:30 | |
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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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Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
2023-1-31 11:54 | |
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BlockFi has gained permission in bankruptcy court to sell its cryptocurrency mining equipment, Bloomberg reported January 30. The post BlockFi permitted to auction mining equipment appeared first on CryptoSlate.
2023-1-31 00:03 | |
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The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told.
2023-1-30 19:55 | |
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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.
2023-1-28 05:00 | |
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Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
2023-1-28 19:26 | |
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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.
2023-1-27 02:12 | |
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Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.
2023-1-26 21:00 | |
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In a court order issued today by the United States Bankruptcy Court in the Southern District of New York, a motion filed by a former Celsius Earn Account Holder was denied.
2023-1-26 00:05 | |
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One order authorizes Celsius to return funds transferred to the platform after the company filed for bankruptcy last July, subject to certain conditions.
2023-1-26 15:17 | |
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The insolvency of Genesis Trading and the related uncertainty about the future of Digital Currency Group (DCG) and Grayscale have not really dampened the mood on the Bitcoin market in recent weeks. Genesis’ bankruptcy filing, which was announced last Thursday, seems to have already been priced in by investors.
2023-1-24 13:40 | |
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Lawyers for Genesis Global told a New York bankruptcy court on Monday that they’ve been working with their creditors’ representatives and the U.S. Trustee’s Office “around the clock” for the past two months in order to reach a “consensual resolution” with the embattled company’s creditors.
2023-1-24 01:40 | |
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BlockFi asks court for ruling on retention scheme first proposed in November 2022.
The post BlockFi Desperate to Retain Talent Despite Bankruptcy appeared first on BeInCrypto.
2023-1-24 01:00 | |
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According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options“ amid bankruptcy proceedings.
2023-1-24 23:45 | |
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Genesis Global Holding Corporation has officially filed for chapter 11 bankruptcy. The trading and lending subsidiary of Digital Currency Group submitted filings late Thursday night at the New York Southern District Bankruptcy Court, bringing the toll of top-tier bankrupt crypto companies to 10.
2023-1-22 14:42 | |
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Bankruptcy court documents filed by Genesis interim CEO Derar Islim show that the now-defunct crypto lending platform owed $5.1 billion.
2023-1-21 21:58 | |
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Individual objectors have sought to delay an FTX hearing in the United States Bankruptcy Court in the district of Delaware scheduled at 10:00 a. m. EST on January 20, 2023 expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C) amid allegations from the U.
2023-1-21 16:53 | |
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The parent firm of embattled crypto lender Genesis Global Capital, Genesis Global Holdco, LLC, filed for Chapter 11 bankruptcy protection in New York federal district court. FTX collapse, the breaking point for Genesis Genesis Global Holdco, LLC estimated in a…
2023-1-20 10:17 | |
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Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Embed, a stock trading platform with regional branches, are among the assets.
2023-1-14 19:17 | |
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A federal bankruptcy court has canceled the name rights agreement between FTX and Miami-Dade County. The action permits the mark of the defunct bitcoin exchange to be removed from the arena where the National Basketball Association (NBA) plays. FTX was…
2023-1-12 13:09 | |
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A U.S. bankruptcy court has approved Voyager Digital’s proposed $1 billion sale of its assets to Binance.US., as the exchange undergoes significant withdrawals. The post Voyager Approved for $1B Asset Sale to Binance Despite Questionable Exchange Outflows appeared first on BeInCrypto.
2023-1-11 21:45 | |
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Bankruptcy documents reveal Tom Brady and his ex-wife Gisele Bundchen collectively own over 1.7 million FTX shares. The NFL quarterback owned 1.1 million shares, while Bundchen had 680,000. Documents filed in the United States Bankruptcy Court in Delaware have revealed…
2023-1-11 11:10 | |
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The bankruptcy court has approved Binance. US' acquisition of Voyager's assets The court has also overruled the SEC's and multiple states' objections to the deal Bankrupt crypto lender, VoyagThe post Binance.
2023-1-11 02:56 | |
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The crypto lending company BlockFi has said it will be transparent about its assets, debts, and payments made before declaring bankruptcy in November. BlockFi’s upcoming court session In a Twitter thread, BlockFi stated that it had submitted a briefing for…
2023-1-10 12:54 | |
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A recent bankruptcy court filing showed that FTX’s subsidiaries acquired 117 impressions in their selloff bid. Delayed auctions lead to a decline in the price A court filing has confirmed that fallen crypto exchange FTX has gathered more than 117…
2023-1-10 11:29 | |
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FTX bankruptcy documents filed in the Delaware bankruptcy court show the exchange’s disgraced founder, Sam Bankman-Fried and executives lavished over $40 million on luxury living and “crazy” expenses from January to September 2022. The now infamous founder of the FTX…
2023-1-9 13:49 | |
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The United States Bankruptcy Court subpoenaed Three Arrows Capital co-founder Kyle Davies on Twitter to produce vital company documents. The post 3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankruptcy appeared first on BeInCrypto.
2023-1-6 22:49 | |
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In a hearing before a Delaware bankruptcy court, the US Justice Department has declared its seizure of $460 million worth of Robinhood shares from FTX. Sam Bankman-Fried and bankrupt crypto lender BlockFi have highly contested the shares. The fight over…
2023-1-5 12:41 | |
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The banks plans to offer regulated digital asset custody services to its European clients.
Abu Dhabi-listed Phoenix Group deepens its U.S. footprint with the opening of a 50 MW crypto mining site in North Dakota. Phoenix Group has opened a 50 MW crypto mining facility in North Dakota, as the Abu Dhabi-based firm doubles…
UAE’s first crypto-listed company, Phoenix Group, plans NASDAQ dual-listing. Phoenix Group, the first cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), is planning to dual-list on the Nasdaq in 2025 to expand its…
Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in…
Aptos Foundation is opening a regional office in Abu Dhabi in a bid to foster partnerships and support projects focused on the Aptos ecosystem. Aptos Foundation, the organization behind the Aptos (APT) blockchain, is opening a regional office in Abu…
USDT will be regulated by the Financial Services Regulatory Authority.
BlackRock has received a license to operate in Abu Dhabi, further expanding its business into the Middle Eastern region after gaining approval from Saudi Arabia just last month. According to a Bloomberg report published on Nov. 18, the investment management…