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Nalezeno "FTX bankruptcy": 266

FTX Bankruptcy: Daily Legal Costs Mount to $1.5 Million, Raising Concerns Among Creditors

24.8.2023
The FTX bankruptcy saga has taken an alarming turn as daily legal expenses surge to a staggering $1.5 million, with creditors now sounding the alarm. Lawyers and other bankruptcy professionals are racking up these costs while dissecting the remains of the major crypto exchange, CoinDesk reported...

FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

23.8.2023
Creditors are lamenting the rapid drain of cash from the global exchange’s bankruptcy as the process stretches over more months

SBF denies witness tampering in effort to avoid jail

2.8.2023
Lawyers for Sam Bankman-Fried claim that his alleged sharing of Caroline Ellison's diary with the New York Times does not amount to witness tampering

FTX creditors unimpressed with exchange's bankruptcy exit plan

2.8.2023
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy

Sam Bankman-Fried's brother planned to buy island and prep for apocalypse: court filing

21.7.2023
According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die"

Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet

18.7.2023
According to a recently unsealed report made in Friday's court filing, BlockFi Inc. executives ignored repeated warnings from their risk management team regarding significant loans to Sam Bankman-Fried's Alameda Research, collateralized with digital tokens from FTX.... Read More: Report: BlockFi's...

FTX Bankruptcy Case: Lawyers Seek $323.5 Million Recovery from FTX Europe Leadership

13.7.2023
FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG. According to court filings submitted on Wednesday, the lawyers allege that the FTX Europe leadership...

FTX Bankruptcy Lawyers Ask Court For $323m Recovery From FTX Europe Leadership

13.7.2023
Crypto exchange FTX's lawyers have asked the bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership

FTX claims portal becomes unavailable shortly after going live

11.7.2023
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail

FTX reboot on the way: CEO holds talks with ‘interested parties’ — Report

29.6.2023
FTX is inching closer to a potential reboot, with CEO John Ray reportedly opening up the floor to bidders looking to finance the new venture

FTX sues Dan Friedberg alleging he used ‘hush money’ to silence whistleblowers

28.6.2023
The lawsuit claims Daniel Friedberg made a series of payments to whistleblowers to stop them from exposing the "true fraudulent nature" of the exchange

FTX suspends $500M sale of stake in AI firm Anthropic: Report

28.6.2023
Multiple buyers were reportedly eyeing up FTX’s stake in the AI firm that was being sold off to recover funds for creditors

FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B

26.6.2023
Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

21.6.2023
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns

10.6.2023
In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability...

Court Supports FTX's Request to Remove Customer Names from Bankruptcy Filings

10.6.2023
Bankrupt cryptocurrency exchange FTX has secured court permission to remove the names of its customers from all filings in its bankruptcy case. The US Bankruptcy Judge John Dorsey in Wilmington, Delaware, has concluded that publishing the names of individual customers could put them at risk...

Bitcoin Price and Ethereum Prediction: US SEC Lawsuit, FTX Bankruptcy, and BitGo Updates Unveiled

9.6.2023
Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo. These updates have brought...