2025-2-27 21:24 |
FTX’s bankruptcy costs are approaching $1 billion, making it one of the most expensive Chapter 11 cases in U.S. history. Court records show that nearly $948 million has been paid to legal and financial firms working on the case, with… origin »
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Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said.
2023-9-5 14:03 | |
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FTX creditors are looking to expedite bankruptcy proceedings as legal fees are becoming increasingly expensive, possibly eating into the money paid to creditors. While attorneys of FTX are working towards recovering what remains of the once global crypto exchange and…
2023-8-24 15:25 | |
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The more than $200 million in legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who describes them as remarkable fees for remarkable service.
2023-6-21 09:01 | |
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With the collapse of the Bahamas-based cryptocurrency exchange FTX, the crypto winter got colder, and regulators have been speculating both positively and negatively. Binance, on the other hand, has been acquiring and firing while facing some charges. Don’t forget to…
2022-12-25 21:00 | |
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MoonPay has secured a $200 million revolving credit line from Galaxy, a major digital asset financial services firm, as the crypto industry experiences renewed momentum. The funding will provide MoonPay with liquidity to handle rising transaction volumes and support its…
MoonPay has received a Money Transmitter License from the Wisconsin Department of Financial Institutions. This license allows the company to expand its services in the state, according to a press release shared with crypto.
Exodus has expanded its cryptocurrency purchasing options by integrating Venmo as a payment method through a partnership with MoonPay. The move allows more than 60 million Venmo users to buy digital assets directly within the Exodus mobile wallet, streamlining access…
Swedish fintech giant Klarna has finally succumbed to pressure from its 80+ million user base to offer crypto services. The development comes as the company prepares for its highly anticipated initial public offering (IPO) in the US, targeted for April with a valuation of up to $15 billion, making it one of the largest listings […] The post ‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO appeared first on CryptoSlate.
Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana’s (SOL) leading payment processor, has powered over $1. 5 billion in transactions in just three years.
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging…