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Bankruptcy


Policy

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .

By Amitoj SinghJan 17, 2024

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Finance

Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month

The company expects to see nearly $600 million in revenue this year.

By Aoyon AshrafJan 16, 2024

Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month

Markets

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure

The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited on crypto exchange Coinbase.

By Shaurya MalwaJan 5, 2024

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure

Finance

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

Payments through bank accounts are still awaited.

By Sheldon RebackDec 26, 2023

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

Policy

Court Freezes $1 Billion of Assets of Three Arrows Capital Founders

The worldwide order by a British Virgin Islands court applies to Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.

By Amitoj SinghDec 21, 2023

Court Freezes $1 Billion of Assets of Three Arrows Capital Founders

Finance

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

This deal will pave the way for assets to be pooled and distributed to FTX.com customers.

By Camomile ShumbaDec 19, 2023

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

Policy

DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules

Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.

By Sandali HandagamaDec 19, 2023

DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules

Finance

Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT

Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider.

By Sheldon RebackDec 18, 2023

Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT

Finance

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.

By Sandali HandagamaDec 18, 2023

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Finance

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.

By Ian AllisonDec 15, 2023

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

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