FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says

2023-9-12 17:34

The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.

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Custody Giant Prime Trust Files For Chapter 11 Bankruptcy But Says It Will Continue Operations

Virtual currency custody solutions provider Prime Trust has filed for Chapter 11 bankruptcy following a liquidity crisis that community members say has been brewing for several months. The company made the filing on August 14, noting that the bankruptcy procedure will “provide a transparent and value-maximizing process for the benefit of the Company’s clients and […]

2023-8-22 21:29


SEC says part of the Ripple ruling was ‘wrongly decided,’ hints at filing appeal

The U.S. Securities and Exchange Commission (SEC) said that a portion of the Ripple ruling was “wrongly decided,” according to documents filed in court on July 21. The part of the ruling referred to — the part that went against the SEC — stated that the sale of XRP on exchanges did not constitute a […] The post SEC says part of the Ripple ruling was ‘wrongly decided,’ hints at filing appeal appeared first on CryptoSlate.

2023-7-23 22:34


MicroStrategy says it could sell Bitcoin to pay long-term debt obligations

MicroStrategy hinted that it could sell some of its Bitcoin (BTC) holdings to fund its long-term debt obligations in the aggregate of $2. 208 billion, whose principal is due by 2025. According to its May 1 filing, MicroStrategy has long-term cash requirements for obligations related to its operating leases, transition tax, and various purchase agreements.

2023-5-2 15:30


ProShares CEO says Bitcoin Futures ETF Coming on Tuesday, Grayscale Confirms Filing to Convert GBTC into ETF

In anticipation of the first Bitcoin ETF, which will finally be coming to the US this week, Bitcoin hit $63,000. ProShares will be launching its exchange-traded fund (ETF) linked to CME-based Bitcoin futures on the New York Stock Exchange (NYSE) under the ticker ‘BITO’ on Tuesday, the firm and the exchange have reported.

2021-10-18 17:35


Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing

Billionaire manager Bill Miller invested in GBTC when it was at a steep discount as it provided “additional upside potential.” Also bought $21.5 mln of COIN shares, calling it “quite a steal.” The post Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing first appeared on BitcoinExchangeGuide.

2021-9-5 19:36