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Bankruptcy


Finance

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.

By Amitoj SinghNov 10, 2023

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

Finance

FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say

Plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, which was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.

By Ian AllisonNov 6, 2023

FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say

Policy

FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets

Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.

By Amitoj SinghNov 6, 2023

FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets

Finance

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversary of that story, at a time when the SOL tokens FTX owns just got $1 billion more valuable.

By Ian Allison, Nick BakerNov 2, 2023

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

Markets

FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies

The latest transactions followed $19 million worth of crypto moved from FTX cold wallets to exchanges.

By Krisztian SandorOct 26, 2023

FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies

Finance

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

By Shaurya MalwaOct 26, 2023

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

Finance

Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart

Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.

By Shaurya MalwaOct 25, 2023

Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart

Policy

FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

Lawyers for non-U.S. creditors of FTX are arguing that they've got a great deal in the exchange's bankruptcy, giving those who had funds in FTX.com 90% of the liquidation.

By Jesse HamiltonOct 23, 2023

FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

Policy

BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation

A bankruptcy judge rebuffed Three Arrows Capital’s request to lift a stay on its claim against BlockFi, setting a January mediation he hopes negates the need for a February hearing.

By Jesse HamiltonOct 10, 2023

BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation

Finance

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

By Krisztian SandorOct 3, 2023

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

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