FTX Suffers $400M Hack After Declaring Bankruptcy, Remaining Funds Moved to Cold Storage

2022-11-13 11:38

About $400 million worth of cryptocurrency was siphoned from the beleaguered FTX exchange in the last few hours. After declaring bankruptcy just hours before, the exchange stated that it had been hacked.

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Источник: beincrypto.com

bankruptcy exchange → Результатов: 126

A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon?

2023-3-24 18:53	Exclusive
bankruptcy exchange three arrows capital scene kyle

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FTX’s European licence could be suspended following the platform’s crash

Cryptocurrency exchange FTX risks losing its European licence after the company filed for bankruptcy a few hours ago. FTX’s European Union license in Cyprus could be suspended, with the crypto exchange coming under pressure.

2022-11-13 17:04	FTX
ftx european exchange suspended licence could license

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Deribit showcases proof of reserves as FTX bankruptcy launches panic in the crypto market

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	StableCoin
clients deribit reserves organization aims announcement november

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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny

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	Wrapped
ftx bankruptcy ties chairman sec ceo cryptoslate

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FTX US Temporarily Froze Crypto Withdrawals, Adding to Chaos of Bankruptcy Proceedings

The exchange website told another story.

2022-11-12 22:00	Business
proceedings bankruptcy exchange website story another told

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This week in crypto: FTX files for Chapter 11 bankruptcy

It has been a rollercoaster of a week, even for the cryptocurrency market standard, with FTX filing for bankruptcy. Crypto exchange FTX files for bankruptcy This is perhaps the most action-filled week in the cryptocurrency space since the start of the week.

2022-11-12 19:10	FTX
week ftx bankruptcy cryptocurrency crypto perhaps exchange

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Ripple Top Exec Makes Surprising Offer To FTX Employees As Exchange Files For Bankruptcy

The offer comes as FTX files for Chapter 11 bankruptcy protections. Bankman-Fried has also resigned, entering the fifth day of the crypto exchange’s catastrophic meltdown due to a liquidity crunch.

2022-11-12 18:57	xrp news
bankruptcy ftx exchange offer day entering resigned

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BREAKING: FTX files for bankruptcy, SBF resigns as CEO

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	FTX Token
crypto chapter ftx really stunning turn fortunes

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Ripple CTO Explains What Will Happen to Dave Portnoy’s Bitcoin in Case of FTX Bankruptcy

American internet celebrity Dave Portnoy is worried about his cryptocurrency that is stored on the FTX exchange

2022-11-11 12:27
portnoy dave ftx worried cto celebrity cryptocurrency

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Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy

Bitcoin mining giant Core Scientific in a filing with US Securities and Exchange Commission informed that they are halting all the debt payments. The post Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy appeared first on BeInCrypto.

2022-10-28 21:40	Bitcoin News
bitcoin scientific core mining giant bankruptcy brink

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Celsius Network’s Founder Withdrew $10 Million Ahead of the Company’s Insolvency

According to the Financial Times, Alex Mashinsky, who resigned as CEO of Celsius on September 27, withdrew US$10 million from the crypto exchange weeks before it declared bankruptcy and froze withdrawals in June.

2022-10-3 17:00
million celsius withdrew weeks crypto exchange withdrawals

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VGX, Native Crypto Of Troubled Voyager Platform, Gains 44% Over Last 24 Hours

Voyager (VGX), the crypto exchange platform that declared bankruptcy in July, used to be a force to reckon with in the crypto space. VGX pumps up in price by 44% in the past 24 hours Voyager Digital files notice for public auction of the remainder of its assets VGX registers a spike in trading volume and social metrics In fact, VGX, its native token, has soared 10x in a few months following its launch.

2022-9-10 13:49	voyager digital
vgx voyager crypto native platform hours trading

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Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy

The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation.

2022-8-3 19:35	Cryptocurrency Exchange
defaults finance celsius babel resolve situation investors

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Zipmex seeks extension for bankruptcy protection in Singapore

Struggling crypto exchange Zipmex has filed for a moratorium in Singapore to extend its protection against legal actions from aggrieved creditors. The post Zipmex seeks extension for bankruptcy protection in Singapore appeared first on CryptoSlate.

2022-7-29 16:00	legal
singapore zipmex protection seeks bankruptcy extension creditors

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FTX Offers To Bail Out Voyager’s Customers But At A Price

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	Cryptocurrency News
customers crypto ftx voyager firm filed chapter

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Zipmex Files for Bankruptcy Protection in Singapore

The beleaguered crypto exchange has filed applications in Singapore to seek protection against bankruptcy amidst the threat of legal action from creditors.

2022-7-28 15:05	Business
protection singapore bankruptcy threat amidst against action

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FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager

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	Business
customers voyager early crypto distribution funded claims

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FTX proposes offer to open liquid accounts to users of bankrupt crypto brokerage Voyager

FTX, the global cryptocurrency exchange operator, today announced a joint offer with West Realm Shires, the owner and operator of FTX US, and Alameda Ventures, to provide early liquidity to customers of the crypto brokerage platform Voyager, which filed for bankruptcy in New York earlier this month.

2022-7-29 16:17	FTX
ftx brokerage voyager operator offer crypto customers

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Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager

The crypto exchange denied exposure to the crypto lender and hedge fund that are both seeking bankruptcy protection.

2022-7-20 18:00	Business
crypto exposure fund hedge lender protection bankruptcy

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Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy

Based on one estimate in a document getting passed around by creditors, the Deribit stake is worth as much as $500 million. But legal complications and the recent crypto-market slump might make the stake worth significantly less.

2022-7-20 21:55	Markets
stake worth deribit million 500 much legal

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Voyager Clarifies USD Deposit Concerns in Update

The crypto exchange, which filed for Chapter 11 bankruptcy, says it remains unclear how customers will be reimbursed for their crypto investments.

2022-7-12 23:10	Business
crypto unclear remains says customers investments reimbursed

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Voyager Clarifies USD Deposit Status in Update

The crypto exchange, which filed for Chapter 11 bankruptcy, says it remains unclear how customers will be reimbursed for their crypto investments.

2022-7-13 23:10	Business
crypto unclear remains says customers investments reimbursed

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Mt. Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further?

Victims of the collapse of the Mt. Gox crypto exchange are closer to getting their funds back, according to the business's bankruptcy trustee. The post Mt. Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further? appeared first on BeInCrypto.

2022-7-10 21:00
gox weaken market withdrawals further plan bulk

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Mt Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further?

Victims of the collapse of the Mt. Gox crypto exchange are closer to getting their funds back, according to the business's bankruptcy trustee. The post Mt Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further? appeared first on BeInCrypto.

2022-7-9 21:00
gox weaken market withdrawals further plan bulk

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Voyager Digital Faces Delisting From Toronto Stock Exchange Following Bankruptcy Filing

Crypto broker Voyager Digital (VOYG) has been delisted from the Toronto Stock Exchange (TSX) following its filing for bankruptcy late Tuesday.

2022-7-7 18:00	Business
following bankruptcy filing voyager stock exchange digital

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Coinbase bankruptcy wording triggers warnings to move crypto off exchanges

On May 10, crypto exchange Coinbase released its Q1 2022 earnings report doing little to calm choppy market conditions. The post Coinbase bankruptcy wording triggers warnings to move crypto off exchanges appeared first on CryptoSlate.

2022-5-11 15:10	Exchanges
coinbase crypto exchanges move off bankruptcy warnings

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Here’s How the Mt. Gox Case In Japan May Make New Crypto Millionaires

As per recent reports, the bankruptcy case against the exchange platform Mt. Gox will conclude next month. About $6 B worth of BTC might get distributed to recipients worldwide, especially the MT Gox investors who have faced tough times since the exchange’s hacking fiasco.

2021-10-2 23:00	mt. gox
gox exchange case get distributed recipients worth

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EY Heads to Court to Dispute the Value of Crypto From Bankrupt Exchange, QuadrigaCX

Ernst and Young (EY), the bankruptcy trustee for collapsed cryptocurrency exchange QuadrigaCX, plans to evaluate the company’s assets and settle disputes before disbursing creditors and users of the crypto exchange.

2021-1-22 00:45	QuadrigaCX
exchange crypto quadrigacx evaluate assets company plans

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Trustee of Collapsed Exchange Moves to Resolve Crypto vs. Fiat Creditor Claims Tussle

Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.

2021-1-20 12:22	QuadrigaCX
trustee resolve dispute trying quadrigacx cryptocurrencies value

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Mt. Gox Creditors Could Get Bankruptcy-tied Bitcoin

The CoinLab arrangement enables creditors to claim up to 90% of the Bitcoin tied up in the defunct exchange’s bankruptcy, according to Bloomberg. CoinLab to the rescue Creditors who accept the deal will receive early payments rather than waiting for several court cases associated with the bankruptcy to conclude.

2021-1-17 21:28	mt. gox
creditors coinlab bitcoin bankruptcy early payments rather

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Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange

CoinLab, the first venture-backed Bitcoin company founded in 2011, today announced a historic agreement with a Japanese court-appointed trustee to the Mt. Gox bankruptcy, Nobuaki Kobayashi, and MGIFLP, a Fortress company.

2021-1-16 23:02	Bitcoin
bitcoin gox company trustee agreement court-appointed japanese

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Another MT Gox Meeting Ends with No Outcome

Nearing 7 years on since the then only bitcoin exchange MT Gox declared bankruptcy, the ritual of creditor meetings with no outcomes continues in Tokyo, Japan. MT Gox creditors have...

2020-10-9 16:15	News
gox creditor meetings ritual outcomes tokyo creditors

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17,000 Users of Defunct QuadrigaCX Exchange File Claims Worth $300 Million

Tens of thousands of ex QuadrigaCX users have filed claims against the now-defunct crypto exchange. Lawyer says any disputes could see protracted cases as seen with Mt. Gox, which collapsed in 2014 QuadrigaCX bankruptcy case trustee, Ernst & Young (EY), have said that close to 17,000 people have filed claims for refunds from the defunct […] The post 17,000 Users of Defunct QuadrigaCX Exchange File Claims Worth $300 Million appeared first on Coinjournal.

2020-5-14 17:19
claims quadrigacx exchange users defunct worth filed

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17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says

Close to 17,000 have made a claim for defunct crypto exchange QuadrigaCX's assets, its bankruptcy monitor reported Tuesday.

2020-5-13 23:50
quadrigacx assets exchange crypto defunct bankruptcy tuesday

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What Happened to Mt. Gox? History of the Bitcoin Exchange Blow Up

Once the most important Bitcoin exchange, Tokyo-based Mt. Gox ultimately went into bankruptcy in 2014. Why did the exchange blow up? What Happened to Mt. Gox? Mt. Gox was launched...The post What Happened to Mt.

2020-4-19 21:15	mt. gox
gox exchange happened blow bitcoin 2014 did

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Bankruptcy Trustee to Hand Quadriga Users’ Information to Canadian Taxman

The bankruptcy trustee overseeing the winding up of crypto exchange QuadrigaCX, will be turning all user information over to the Canada Revenue Agency.

2020-3-27 02:56
trustee information bankruptcy all turning agency revenue

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Cobinhood Shutting Down Months After Bankruptcy Rumors

Cobinhood, one of the most controversial crypto exchanges, has announced that it is closing its doors after widespread rumors of bankruptcy. “It is with the utmost regret that we make the difficult decision to shut down the COBINHOOD Exchange,” the company posted to its Medium account on Jan.

2020-1-11 11:27	crypto exchanges
cobinhood down bankruptcy rumors shut shutting decision

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Israeli Firm Behind DX.Exchange Goes Bankrupt Following Staff Petition

CX Technologies, the Israeli company behind DX.Exchange, entered bankruptcy after 78 of its employees filed a petition against the company

2019-11-26 21:32	Court
company israeli petition exchange behind against filed

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DX.Exchange Employees Press to get the Firm Dissolved

According to reports from Israel on November 24, 2019, 78 current and ex-personnel of the Israeli firm behind DX. Exchange, many of whom are former employees of the FBI-raided company, SpotOption, have petitioned to have their employer dissolved.

2019-11-25 12:00
exchange employees israeli cryptocurrency company firm dissolved

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QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users

Bankruptcy trustee EY and the widow of QuadrigaCX founder Gerald Cotten have come to a settlement – with affected users of the defunct exchange getting a $9 million payout.

2019-10-8 23:24	QuadrigaCX
quadrigacx users million widow founder settlement come

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NZ Hacked Exchange, Cryptopia’s Liquidators To Meet With Token Dev’s Today To Discuss Settlements

In mid-January this year, popular New Zealand crypto exchange, Cryptopia announced its hack which saw users lose crypto assets valued at $16 million USD (which could currently be much higher). After several investigations, court proceedings and pleas for bankruptcy in the U.

2019-10-7 15:47	Cryptopia
cryptopia hacked exchange crypto court proceedings currently

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Canada Revenues Agency Goes After QuadrigaCX Taxes

QuadrigaCX, the Canadian crypto exchange that closed in January 2019, went through an arduous process and a bankruptcy procedure. Now, the taxman moves in for their cut, demanding tax returns dated between October 2015 and September 2018.

2019-9-17 20:00	QuadrigaCX
quadrigacx revenues agency canada bankruptcy tax returns

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Canada’s Revenue Agency is now curious about defunct crypto exchange QuadrigaCX’s tax returns

Canada’s Revenue Agency is now looking into the corporate tax returns submitted by QuadrigaCX, the troubled cryptocurrency which collapsed earlier this year, taking approximately $134 million of users’ funds with it.

2019-9-17 14:35	hard fork
returns canada quadrigacx tax agency revenue exchange

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QuadrigaCX Update: Accountants Petition to Move Case to Toronto

Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case.

2019-8-29 16:00	QuadrigaCX
case toronto quadrigacx nova scotia exchange bitcoin

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QuadrigaCX Bankruptcy to Move to Ontario

The complex case of the QuadrigaCX exchange has caused the Ernst&Young Trustee to call for a movement of further hearings to Ontario.

2019-8-28 14:49	News
quadrigacx ontario trustee call movement further young

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QuadrigaCX Trustee Wants Crypto Exchange Case to be Heard in Toronto

The ongoing bankruptcy proceedings against the now defunct crypto exchange QuadrigaCX may be moved to the city of Toronto to make investigations easier. The move would come at the request of the trustee overseeing the bankruptcy, Ernst and Young.

2019-8-28 01:00	QuadrigaCX
quadrigacx toronto trustee exchange crypto bankruptcy case

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4 Agencies Are Investigating Crypto Exchange QuadrigaCX

A report from QuadrigaCX bankruptcy trustee Ernst & Young published Monday outlines which agencies are investigating the failed exchange.

2019-8-27 18:35
agencies exchange quadrigacx investigating monday published outlines

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QuadrigaCX Exchange Runs Out of Creditor Protection, Bankruptcy Procedure Continues

The latest hearing on the case of the defunct Canadian exchange agreed on a payment for the monitor on the case, running up legal and accounting fees to $1.3 million.

2019-8-1 15:07	News
case exchange running monitor payment legal million

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Fortress Investment Group Wants To Buy Mt Gox Creditor Claims for $900 Per BTC

If you are participating in the crypto market for years, you have probably heard of the time in which Mt Gox, the largest crypto exchange at the time, was hacked and collapsed. This happened back in 2014 and 850,000 BTC was stolen from the servers.

2019-7-9 04:05	Legal & Regulation
btc time crypto gox happened back collapsed

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