Search
Court sets new deadline for Celsius restructuring plan
6.12.2022
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
6.12.2022
"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said
Looks Who's Taking a Crash Course in Crypto Bankruptcy
5.12.2022
The chief bankruptcy judge of the Southern District of New York is learning on the job how crypto complicates bankruptcy law. He already has his hands full with Celsius Network, but his caseload could get even bigger in 2023. That’s why Martin Glenn is one of CoinDesk’s Most Influential 2022
Novogratz’s Galaxy Digital to acquire Celsius' GK8 in bankruptcy garage sale
5.12.2022
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals
The FTX collapse continues to unfold, BlockFi announces bankruptcy filing and Kraken settles a sanctions breach: Hodler’s Digest, Nov. 27 – Dec. 3
3.12.2022
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
3.12.2022
According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes...
US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed
2.12.2022
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity...
3AC bankruptcy process faces challenges amid unknown whereabouts of founders
2.12.2022
The liquidators claim Zhu Su and Kyle Davies are located in Indonesia and the Emirates, where foreign court orders are difficult to enforce
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
2.12.2022
In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
FTX Bankruptcy Write Downs And Venture Capital Funding Data – What We Know So Far
2.12.2022
This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed.
As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many...
Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain
1.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning America host George Stephanopoulos, and recently conducted an interview with New York Magazine....
Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’
1.12.2022
On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook Summit host that he was “deeply sorry about what...
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
1.12.2022
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’
30.11.2022
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had...
LedgerX to Make $175M Available for FTX Bankruptcy Proceedings: Bloomberg
30.11.2022
FTX subsidiary LedgerX is preparing to put up $175 million toward its parent company's bankruptcy proceedings, Bloomberg reported Wednesday, citing people familiar with the matter
Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy
30.11.2022
Creditors of the troubled crypto broker and lending firm Genesis Global are working with restructuring lawyers to draft a plan to could allow the firm to avoid bankruptcy.
According to a Bloomberg report from Tuesday, the various creditor groups have hired restructuring experts, including from...
Bankruptcy court told FTX and Alameda owe BlockFi $1B... but it's complicated
30.11.2022
While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy
30.11.2022
Genesis is in talks with creditors and potential investors, Bloomberg News reports
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
29.11.2022
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital...