2023-8-18 10:13 |
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings. origin »
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The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd companies that filed for bankruptcy last Friday have an estimated one million creditors – but Bahamian liquidators threw another wrench into the process on Tuesday.
2022-11-17 00:34 | |
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FTX filed more than 100 bankruptcy dockets. In a new filing posted late Monday, it finally revealed some of the details of how the exchange chose to enter bankruptcy.
2022-11-16 09:58 | |
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The company's records were not properly maintained, the managers said in a report to the Singapore court and the company's creditors.
2022-10-30 16:09 | |
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A group of Voyager's creditors have formally objected to the beleaguered crypto lender's bid to pay "retention awards" to its current employees, saying Voyager has done nothing to reduce personnel costs.
2022-8-20 06:06 | |
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A group of Voyager's creditors have formally objected to the beleaguered crypto lender's bid to pay "retention awards" to its current employees, saying Voyager has done nothing to reduce personnel costs.
2022-8-20 06:06 | |
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As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk TPS Capital remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.
2022-7-3 21:43 | |
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The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.
2019-5-31 12:31 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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QuadrigaCX customers who had fiat currency balances say they should be repaid before crypto holders.
2019-2-8 19:35 | |
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Aave, a blockchain financial services company, has launched a new lending platform. Aave Lending is now available to creditors and businesses who want to create a lending system that utilizes crypto-backed loans.
2018-10-6 23:21 | |
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The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
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.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.