Shiba Inu Faces 22 Billion SHIB Threat From Bankrupt Broker

Unexpected 'black swan' strikes Shiba Inu with 22 billion SHIB at risk of dump дальше »

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The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law

The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday. дальше »

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Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham

The bankrupt Mt. Gox exchange moved a total of $2. 85B BTC to new wallets this morning, according to blockchain analytical firm Arkham Intelligence. As part of its creditor repayment efforts, Mt. дальше »

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Bankrupt crypto lender BlockFi to start creditor repayments in July

Defunct cryptocurrency lending platform BlockFi is set to start repaying its creditors in July, 19 months after filing for bankruptcy. Collapsed crypto lending platform BlockFi will start repaying its creditors in July, nearly two years after the firm filed for… дальше »

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Mt. Gox moves 96.39k Bitcoin to unmarked addresses, fueling selloff concerns

Addresses affiliated with bankrupt exchange Mt. Gox recently moved 96,396 Bitcoin (BTC) worth over $6 billion to three unmarked wallets, fueling selloff concerns amid the ongoing creditor repayments. дальше »

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Best cryptos to own in 2024

Warning: On Friday, July 5, 2024, Bitcoin briefly dropped below $54,000 (its lowest since February) before bouncing back just above that mark. The bankrupt Mt. Gox exchange had started paying back the creditors it owed money to, which triggered a… дальше »

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Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals

Bankrupt crypto lender Celsius Network’s litigation administrator has initiated legal action against account holders who have not settled liabilities related to preferential transfers made in the 90 days before the firm filed for bankruptcy. дальше »

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Mt. Gox announced the start of payments. What awaits the crypto market?

The trustee of the Mt.Gox exchange, which went bankrupt in 2014, announced plans to begin paying compensation in Bitcoin, Bitcoin Cash, and cash in early July. The decision was made after the preparatory process, including providing technical support, complying with… дальше »

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Japanese Crypto Market Shakeup: BitFlyer Eyes Dominance With FTX Japan Buyout

In a significant development within the crypto sector, BitFlyer Holdings has successfully negotiated the acquisition of FTX Japan, the local subsidiary of the bankrupt crypto exchange FTX. This move is poised to reshape the landscape of digital asset trading in Japan, leveraging BitFlyer’s established reputation and FTX Japan’s existing infrastructure. дальше »

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BitFlyer to acquire FTX Japan for billions of Yens

BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange. The exact value of the acquisition hasn’t been made public though it is expected to be billions of yens. дальше »

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Binance CEO says customers have ‘very little’ assets in bankrupt FlowBank

Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on… дальше »

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Bankrupt FTX to Earn $800 Million from Anthropic Stake Sale

Bankrupt FTX's legal and administrative fees have escalated to $700 million, sparking discontent among creditors. The post Bankrupt FTX to Earn $800 Million from Anthropic Stake Sale appeared first on BeInCrypto. дальше »

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Is Mt. Gox A Worry For Bitcoin? Crypto Analyst Weighs In

Bitcoin outflows from the Mt. Gox exchange have occurred in the past day, making some worry about potential bearish effects. Here’s what an analyst thinks. Mt. Gox Has Made Several Bitcoin Transactions In The Last 24 Hours During the past day, several movements from wallets associated with the bankrupt cryptocurrency exchange Mt. дальше »

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Mt. Gox cold wallet completes transfer of 141K BTC to new wallet

Mt. Gox, the digital assets exchange that infamously went bankrupt in 2014 following a significant hacking incident, is once again making headlines. On May 28, CryptoQuant suggested that all funds had been moved from the Mt Gox cold wallet to a new wallet. дальше »

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FTX completes sale of $2.6b worth of Solana tokens

In a final move concluding weeks of auctions, the estate of the bankrupt crypto exchange FTX has completed the sale of $2.6 billion worth of deeply discounted Solana tokens. дальше »

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Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected

Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG. дальше »

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BlockFi partners with Coinbase to distribute assets recovered from FTX

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse… дальше »

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FTX Announces Full Customer Reimbursements, But The Real Winners May Surprise You

In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their investments. дальше »

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'Creditors of FTX' to receive 100% - 118% payout: Crypto exchange CEO

FTX plans to pay over 100% of claims to some creditors.  FTX expects collection of $14.5 — $16.3 billion for distribution. Bankrupt crypto exchange FTX plans to pay creditors’ claims fuThe post 'Creditors of FTX' to receive 100% - 118% payout: Crypto exchange CEO appeared first on AMBCrypto. дальше »

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Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors

Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions in the form of compensation for the time value of their investment. дальше »

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FTX’s bankruptcy plan offers over 100% recovery for creditors, faces mixed reactions

The bankrupt FTX estate has unveiled a new reorganization plan that promises substantial returns to its creditors. FTX creditors with claims below $50,000 would be eligible for a 118% recovery within 60 days of its approval by the Delaware bankruptcy court. дальше »

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FTX has billions more than needed to repay bankruptcy victims

Bankrupt cryptocurrency exchange FTX has amassed billions in extra money to fully repay its 2 million customers, marking a new twist in bankruptcy proceedings. Cryptocurrency exchange FTX which went bankrupt in late 2022 has accumulated billions more than it needs… дальше »

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Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan

Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening. дальше »

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DOJ charges three Cred execs over $783 million in customer fund losses

On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose […] The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate. дальше »

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“US government can’t go bankrupt because we can print our own money,” says Biden Administration

Jared Bernstein's remarks on US money printing spark controversy and bring Bitcoin into the spotlight as a potential inflation hedge. The post “US government can’t go bankrupt because we can print our own money,” says Biden Administration appeared first on Crypto Briefing. дальше »

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Pantera bought more Solana tokens from FTX’s bankruptcy auction

Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction orchestrated by the bankrupt FTX exchange managers. While specific details of the auction are not fully disclosed, Pantera Capital, alongside industry stalwarts like Galaxy Digital, had previously made significant investments in SOL tokens, totaling around $1. дальше »

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Bankrupt Man Turns Crypto Whale After SOL Price Surged: BlockDAG’s 30,000x ROI Touted as Next Bull Crypto After Moon Keynote Teaser

BlockDAG is swiftly becoming the focal point in the cryptocurrency landscape, riding the wave of its groundbreaking potential for a 30,000x return on investment, especially after unveiling a teaser for a keynote video from the moon. дальше »

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FTX empties FTT treasury wallet, transferring assets worth over $250 million

The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18. Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet include 195. дальше »

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Solana Price Surges, Turns A Bankrupt Man to a Crypto Whale: Investors Identify BlockDAG’s 30,000x ROI as Another Potential Breakout

Solana has made headlines with a staggering price surge that transformed a financially distressed entrepreneur into a crypto whale, highlighting the transformative power of strategic investments in digital currencies. дальше »

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Voyager Digital recovers over $480m from FTX and 3AC settlements

Bankrupt firm Voyager Digital has announced that it has successfully recovered $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance settlements. The announcement on April 10 was part of a comprehensive status update to the United States… дальше »

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Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters

Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX are "largely behind us." дальше »

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Solana Surging Ahead Of Ethereum In This Particular Metric

Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent reports of the estate of bankrupt cryptocurrency exchange FTX selling its $7. дальше »

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Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO

Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively. дальше »

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Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse

Bankrupt crypto lender Celsius Network is seeking the return of over $2 billion withdrawn by major customers shortly before its bankruptcy declaration in July 2022, according to a release shared with CryptoSlate. дальше »

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3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt. дальше »

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Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday. дальше »

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Crypto Fraudster Sam Bankman-Fried Should Be Locked Up For Upto 50 Years, Prosecutors Say

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Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors

The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen. дальше »

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Pantera Capital Plans $250M Solana (SOL) Buy, Analyst Predicts Record Rally Toward $1000

Pantera Capital, a prominent crypto-focused asset manager with assets totaling $5. 2 billion, has launched a fundraising campaign to purchase discounted Solana (SOL) tokens from the bankrupt estate of crypto exchange FTX. дальше »

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BlockFi Resolves Dispute With FTX And Alameda Research For Nearly $1 Billion

In a significant development, crypto lender BlockFi has reached an “in principle” agreement with the estates of bankrupt FTX and its trading arm Alameda Research to settle nearly $1 billion in claims. дальше »

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Pantera eyes $250 million of Solana holdings from bankrupt FTX at markdown

Pantera Capital, a leading cryptocurrency investment firm with $5. 2 billion under management, is actively seeking to acquire $250 million of Solana (SOL) tokens from the holdings of the bankrupt FTX. дальше »

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Pantera eyes $250 million in discounted Solana tokens from FTX estate

Crypto-focused asset manager Pantera Capital is raising funds to buy discounted Solana tokens from the bankrupt FTX exchange, Bloomberg reported on Mar. 7. According to the report, the company initiated the Pantera Solana Fund to acquire up to $250 million of SOL tokens from the distressed FTX estate. дальше »

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BlockFi hails ‘excellent outcome’ in $875 million settlement with FTX

Bankrupt crypto firms FTX and BlockFi have reached an in-principle agreement to settle all litigation and disputes for nearly $900 million, according to a Mar. 6 court filing. Under the terms, BlockFi will receive $185. дальше »

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FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after… дальше »

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Terraform Labs Accuses SEC Of ‘Government Overreach’ In Legal Defense Dispute

In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons. дальше »

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Montenegro blocks Do Kwon extradition again following successful appeal

Terraform Labs co-founder Do Kwon’s extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on the Court’s website. This development occurs amid bankrupt Terraform Labs’ recent legal wrangle with the US SEC. дальше »

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Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent

Crypto exchange Gemini said Earn users would receive “100% of their digital assets back in kind” following an in-principle agreement with bankrupt Genesis and other creditors of the failed lender, according to a Feb. дальше »

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DCG files objection to Genesis, NYAG settlement

Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s Office (NYAG). The objection, submitted on Feb. дальше »

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DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive

Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives… дальше »

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LINK prices slide - Who pressed the sell button?

A bankrupt lending platform sold $46.5 million LINK tokens. The CLLD spiked in the negative direction, indicating a possible rebound. Chainlink's [LINK] price dropped by 3.86% in the last 24The post LINK prices slide - Who pressed the sell button? appeared first on AMBCrypto. дальше »

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