Bankruptcy News
Latest Bankruptcy News
A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected users.Â
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.Â
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
In its ongoing attempts to reimburse creditors, bankrupt crypto exchange FTX is seeking a judicial green light to offload its roughly 8% stake in AI firm Anthropic.
Larry David, the American comedian, disclosed significant losses as part of his FTX Super Bowl commercial salary was in crypto. Portrayed as a crypto skeptic in the Super Bowl advertisement, Larry David now calls himself “an idiot” for dealing with…
Bankrupt crypto lender Celsius claims to have started paying its creditors up to $3 billion. According to the company’s press release, they are discussing the distribution of cryptocurrency and other assets worth $3 billion among the platform’s creditors. The payments…
Bitcoin recovers despite massive outflows from spot Bitcoin ETF products; BTC confiscated from Silk Road gets sold; Terraform Labs goes bankrupt.