Bankruptcy News

What does the future hold for the platform now that Bankman-Fried faces decades in prison, and is there any chance for a revival of the FTX exchange? Once a leading name in the crypto world, FTX faced a dramatic downfall…

While FTX creditors decried unfair bankruptcy proceedings and decisions, the defunct crypto business offloaded a trove of Solana tokens at a massive discount.

The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims.

Hut 8 CEO predicts a decline in Bitcoin mining bankruptcies due to changes in financing dynamics and increased merger and acquisition activity among smaller-scale miners. The Bitcoin market is unlikely to see another cascade of bankruptcies anytime soon, as the…

A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected users. 

Consultants overseeing the liquidation of Celsius Network LLC have demanded a return of $2 billion from significant clients.

Kyle Davies, co-founder of the hedge fund Three Arrows Capital, gave an extensive interview to journalist Laura Shin.

Bankman-Fried intended to repair his image by appearing on Tucker Carlson, critiquing bankruptcy lawyers and voicing his dislike of the "woke agenda."

The Terraform Labs and UST crisis triggered a market crash, costing investors billions. Now, nearly two years on, what’s the current state of this cryptocurrency turmoil? Do Kwon, the founder of Terraform Labs and the developer of TerraUSD (UST) and…

Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset sales amid bankruptcy proceedings. 

The digital asset hedge fund LedgerPrime has been rebranded as MNNC Group with new funding and former team members following FTX's bankruptcy.

Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives…

New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd. According to a Bloomberg report, Sullivan & Cromwell is the leading contender for the coveted observer position, likely beating out a crowded…

Cash-strapped cryptocurrency company Bakkt has been permitted to raise additional funds. According to a Feb. 14 statement from Bakkt, the company has received permission to raise $150 million by selling its securities in one or more offerings over three years.…

Bankrupt crypto exchange FTX has filed legal papers proposing the sale of its subsidiary, Digital Custody, to CoinList for $500,000.

Genesis Global Capital, a subsidiary of the embattled Genesis Global Holdco, has petitioned the U.S. Bankruptcy Court for the Southern District of New York for permission to conduct a massive sale of its assets