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Read more - Thai crypto exchange Zipmex reportedly offers creditors nearly 30 cents on dollar
Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part of its restructuring plan. Embattled crypto exchange Zipmex has offered its creditors 29.35 cents per dollar as the firm is seeking new options…

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Read more - Ex-FTX Foundation employee pursues unpaid $275k bonus
Ross Rheingans-Yoo, an FTX charity wing employee recruited by co-founder Sam Bankman-Fried, is seeking the remaining $275,000 of his alleged 2022 salary bonus. The attorneys for Ross Rheingans-Yoo stated in a legal document filed on Nov. 13 that FTX had…

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Read more - Opyn co-founders exit following CFTC charges
The co-founders of Opyn stepped down as their defi options protocol faced charges from the Commodity Futures Trading Commission (CFTC) in September. CEO Zubin Koticha revealed today in an X post that he and co-founder Alexis Gauba have chosen to…

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Read more - Genesis and 3AC reach $33m settlement in billion-dollar claim
Genesis agrees to a $33 million settlement with Three Arrows Capital, significantly less than the original $1 billion claim, amid ongoing crypto turmoil. Bankrupt crypto lender Genesis has consented to a settlement with the now-defunct crypto hedge fund Three Arrows…

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Read more - Celsius to exit bankruptcy and restart as creditor-run Bitcoin miner
Celsius Network is revamping into a Bitcoin mining company, promising customer repayments and an exit from bankruptcy.Â

Features
Read more - How to safeguard assets if your crypto exchange is in trouble
Discover how to protect your crypto and recognize the early signs of a potential exchange collapse in this essential guide.

Features
Read more - What we’ve learned about Sam Bankman-Fried from Bloomberg documentary
The new documentary reveals the entire journey of FTX, from its beginnings to its sudden collapse, with exclusive insider details about Sam-Bankman Fried's business.

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Read more - FTX probes $6.5m payments to Center for AI Safety
Bankrupt crypto exchange FTX seeks details about the millions of dollars it had earlier donated to the Center for AI Safety (CAIS). New details were revealed in an Oct. 25 filing in a Delaware Bankruptcy Court. FTX’s legal team stated…

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Read more - FTX in talks with investors to relaunch exchange
FTX Trading Ltd. is again in talks with three bidders about reopening the bankrupt crypto exchange. According to Bloomberg, the final decision on reviving the exchange will be made by mid-December. FTX is discussing details of potentially binding offerings with…

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Read more - BlockFi to start settling debts with creditors after successful exit from bankruptcy
BlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt of withdrawals following the FTX exchange collapse.

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Read more - LBRY announced closure due to debts to SEC
The LBRY blockchain project announced its closure by publishing a farewell message on its social networks. The project team cited “several million dollars” of debts, making the firm’s continued existence impossible. The project team said multimillion-dollar debt to the U.S.…

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Read more - Ad Hoc Committee of FTX.com non-US customers announces successful settlement agreement
The Ad Hoc Committee of Non-US Customers of FTX.com announces the successful execution of a Settlement and Plan Support Agreement filed with the U.S. Bankruptcy Court in Delaware.Â

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Read more - Bankruptcy judge approves $175 Million settlement between FTX and Genesis Global Trading
Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX.

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Read more - Singapore police tipped of to detain 3AC founder Su Zhu by liquidators
3AC co-founder Su Zhu has been placed at Changi Prison in Singapore after the liquidators informed the police he’s heading to the airport. In a bold move by liquidators, Su Zhu, co-founder of Three Arrows Capital, found himself behind bars…

Features
Read more - What you need to know about FTX star witness Caroline Ellison
Caroline Ellison was CEO at FTX's sister firm, Alameda Research, as well as Sam Bankman-Fried's ex-girlfriend. The 28-year-old is expected to take the stand after FTX co-founder Gary Wang.

Features
Read more - A year after FTX collapse: what to expect from SBF trial
In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial.