2024-9-2 19:58 |
The Securities and Exchange Commission is facing criticism for its recent filing on the FTX bankruptcy, echoing its controversial approach in the Voyager case. In a recent filing, the SEC warned the FTX estate that it may oppose plans to… origin »
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As the cryptocurrency exchange FTX, once run by convicted founder Sam Bankman-Fried, continues its bankruptcy proceedings, significant developments have emerged regarding the recovery of funds for affected users.
2024-12-12 21:00 | |
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The FTX bankruptcy estate has agreed to a $228 million settlement with crypto exchange Bybit and its investment division Mirana, as part of its efforts to recover assets for its creditors. According to an Oct. 24 filing, the FTX bankruptcy…
2024-10-28 10:36 | |
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The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the FTX bankruptcy plan, according to a court filing Friday.
2024-9-3 10:48 | |
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The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.
2024-5-15 16:28 | |
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The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
2023-9-28 17:25 | |
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FTX and Genesis representatives informed the US court that they are ready to settle the bankruptcy case. In a filing to Judge Lane of the United States Bankruptcy Court, FTX and Genesis lawyers state that they agreed on a potential…
2023-7-28 13:53 | |
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FTX's legal team is poised to reap millions from the ongoing FTX bankruptcy case. With the trial set to take place in October 2023.
2023-1-28 21:57 | |
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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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FTX founder Sam Bankman-Fried posted his overview of the exchange’s collapse in his recently created Substack. The post SBF Blames Market Conditions and Binance CEO for FTX Bankruptcy appeared first on BeInCrypto.
2023-1-13 21:00 | |
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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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Crypto markets were shaken to the core by the recent news that the world’s second-largest crypto exchange FTX was to file for bankruptcy in US courts. An $8 billion black hole was discovered in FTX’s balance sheet after dozens of customers withdrew their funds, and a potential takeover from arch-rival Binance fell through, leaving founder […] The post FTX to File for Bankruptcy as Metacade (MCADE) is Set to Skyrocket in Presale appeared first on CoinJournal.
2022-12-9 13:25 | |
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SBF emphasized that FTX US shouldn’t have declared bankruptcy during the explosive New York Times Dealbook Summit interview on Wednesday. He asserted that FTX US is ‘totally solvent’ and ‘completely funded’ and that its financial state is separate from the…
2022-12-3 19:38 | |
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2022-11-30 23:31 | |
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BlockFi filed for bankruptcy days after suspending withdrawals last week. FTX had extended a $400 million line of credit to the lender earlier this year.
2022-11-28 18:20 | |
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“You have witnessed probably one of the most abrupt and difficult collapses in the history of corporate America,” an attorney for FTX said during the company’s first bankruptcy hearing on Tuesday.
2022-11-23 20:14 | |
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FTX’s fall from grace this week culminated in the company filing for Chapter 11 bankruptcy on November 11. The post New FTX CEO John Ray’s statement on bankruptcy case tells tale of an unmitigated disaster appeared first on CryptoSlate.
2022-11-18 01:09 | |
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Crypto exchange FTX filed for bankruptcy Friday, leaving users’ funds stuck on the platform.
2022-11-16 04:26 | |
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FTX’s creditors across its many subsidiaries could be more than 1 million, details in court documents filed on Monday suggests. Sam Bankman-Fried’s FTX and its over 100 affiliate companies filed for Chapter 11 bankruptcy last week, with SBF resigning from the CEO role.
2022-11-16 17:13 | |
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Ontario Teachers’ shared their woes amid the FTX’s recent troubles after they invested a significant amount of funds in FTX International and its US entity (FTX.US). The pension company claims its investment is almost zero following FTX’s insolvency. Reasons for…
2022-11-12 01:55 | |
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Ethereum and Bitcoin option Exchange, Deribit, aired its reserves online to assure its clients of future safety against attacks on November 11. The organization’s announcement aims to maintain transparency and eliminate fear among its clients. Users urged to stay calm…
2022-11-12 01:46 | |
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The biggest news in the cryptoverse for November 11 includes FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate.
2022-11-12 01:31 | |
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FTX has filed for Chapter 11 bankruptcy in the U.S., based on a recent Twitter post. Sam Bankman-Fried stepped down as the company’s CEO and named John Ray III as his replacement. Although Bankman-Fried will be leaving his position, he…
2022-11-12 21:27 | |
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FTX, Alameda, and 130 affiliated companies have commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Sam Bankman-Fried has resigned from his role as Chief Executive Officer.
2022-11-12 20:27 | |
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FTX Europe is one of roughly 130 companies in FTX Group that will be a part of bankruptcy proceedings in the United States.
2022-11-12 20:00 | |
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FTX, until recently thought to be one of cryptocurrency’s top platforms, has announced it entered voluntary Chapter 11 Proceedings. The announcement on Friday morning is the latest chapter of a really stunning turn of fortunes for the crypto exchange, a timeline of events that have helped trigger fresh selling across the crypto market.
2022-11-12 18:31 | |
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FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.
2022-11-14 18:16 | |
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FTX.com has commenced Chapter 11 Bankruptcy proceedings after unsuccessfully attempting to raise $8 billion in liquidity. The post FTX Commences Bankruptcy Proceedings as CEO Steps Down appeared first on BeInCrypto.
2022-11-12 17:50 | |
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Sam Bankman-Fried has stepped down as FTX Group's CEO
2022-11-12 17:32 | |
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John J. Ray III will replace Sam Bankman-Fried as CEO. FTX Ready for Chapter 11 FTX is filing for bankruptcy. Press Release pic.twitter.com/rgxq3QSBqm — FTX (@FTX_Official) November 11, 2022 The...
2022-11-12 17:26 | |
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Binance CEO warns employees about trading FTT as FTX goes through a liquidity crunch and probable bankruptcy. Binance balks at its FTX buyout attempt Earlier yesterday, Wednesday, Binance CEO Changpeng Zhao posted a note sent to Binance Team Members on…
2022-11-11 23:28 | |
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American internet celebrity Dave Portnoy is worried about his cryptocurrency that is stored on the FTX exchange
2022-11-11 12:27 | |
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FTX is headed toward bankruptcy without a cash infusion.
2022-11-10 01:04 | |
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A US federal bankruptcy court has approved the planned sale of crypto lender Voyager Digital’s assets to FTX US. A restructuring update Voyager published on Friday noted that the bankruptcy judge in the Southern District of New York had approved FTX’s $1.
2022-10-22 01:02 | |
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A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.
2022-10-21 12:22 | |
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A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.
2022-10-20 12:22 | |
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Due to the long bearish reign, the crypto industry recorded several bankruptcy calamities in some crypto firms, Celsius happened to be one of the failing firms battling bankruptcy hearings. But it seems the Celsius Network would pack up for good this time.
2022-10-6 06:56 | |
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The crypto brokerage and lender Voyager Digital faced severe tides since it filed for bankruptcy proceedings on 6 July 2022. Impacted by the collapse of Three Arrows Capital (3AC), Voyager Digital, inThe post Voyager: As FTX.
2022-9-28 22:30 | |
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Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022. After the lender filed for bankruptcy during the height of the crisis, there had been restructuring plans put in place.
2022-9-27 20:00 | |
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FTX US's bid is valued at approximately $1.422 billion, according to a Voyager press release late Monday Eastern time.
2022-9-27 07:38 | |
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Voyager hints that its customers will eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings.
2022-9-27 06:44 | |
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Voyager’s collapse shocked crypto markets earlier this year. It’s close to finding a buyer for its assets.
2022-9-16 00:08 | |
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The centralized crypto lender rejected an offer from FTX after it filed for Chapter 11 bankruptcy reorganization in July following 3AC's loan default and its debts topping $1 billion.
2022-9-8 21:45 | |
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Bids for Voyager assets are due Friday in a sale process taking place as part of its Chapter 11 bankruptcy. An auction, if needed to pick a winner, would follow on Aug. 29.
2022-8-26 22:04 | |
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Crypto exchange FTX has stepped up its charm offensive on Voyager Digital, with the latter’s customers now facing an uncertain future after the beleaguered crypto firm filed for a chapter 11 bankruptcy two weeks ago, denying them access to their assets.
2022-7-28 17:21 | |
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Thomas Braziel, a partner at investment firm 507 Capital joined CoinDesk TV’s “First Mover” to discuss whether customers are getting the best deal from crypto trading platform FTX and why it could be best for Voyager Digital customers to weigh their options.
2022-7-26 23:25 | |
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Embattled crypto lender Voyager Digital has rejected a joint offer from FTX and Alameda despite being cash-strapped and in the throes of bankruptcy proceedings. The post Voyager Rejects FTX and Alameda Offer for Being Below Proper Valuation appeared first on BeInCrypto.
2022-7-25 15:00 | |
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Commenting on Voyagers response to the proposal, FTX founder and CEO Sam-Bankman Fried said that only the bankruptcy lawyers would benefit from dragging out the proceedings, while the customers would...
2022-7-26 14:02 | |
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FTX has made a joint offer with West Realm Shires Inc and Alameda Ventures Ltd, to provide early liquidity to customers of Voyager Digital which filed for bankruptcy in New York earlier this month.
2022-7-25 15:00 | |
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The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims.
2022-7-23 23:39 | |
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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…
Co-founder of Voyager Digital Stephen Ehrlich faces charges from the Commodity Futures Trading Commission for alleged fraud and failing to register with the agency.
The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
The simple business model of making money on the spread between lending and interest paid to users seems sound, especially if the loans are over-collateralized and issued to trustworthy parties. The practice of lending can be traced back over 5,000 years to 3000 BC in ancient Mesopotamia; cryptocurrency lending is just an evolution.
The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct.
BlackRock addressed rumors that it was buying VGX. Observers noted that the announcement was actually a pumping scheme.