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FTX seeks court approval to slash US IRS’s $24B claim to zero

The bankrupt FTX estate wants to set the United States Internal Revenue Service (IRS) $24 billion claims against it to $0.00, according to a Nov. 29 court filing. Earlier in the year, the federal agency had slapped a tax bill worth around $44 billion on FTX and Alameda groups of companies, prioritizing its claims over […] The post FTX seeks court approval to slash US IRS’s $24B claim to zero appeared first on CryptoSlate. дальше »

2023-11-30 13:45


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Genesis seeks court approval to slash 3AC claim from $1B to $33M

Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate. дальше »

2023-11-10 15:10


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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

2022-11-16 17:24


Crypto Companies Slash Ad Spending By 90% Amid Market Jitters

Numerous crypto companies are slashing their marketing budgets, despite the need to regain customer confidence in the asset class, which has fallen in recent months. After spending millions on multiple ad campaigns and Super Bowl commercials, many businesses are now reducing their advertising dollars because of the continued market instability. This year, prominent digital currency […] дальше »

2022-6-22 13:48


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Will Dogecoin Slash Fees To Boost Acceptance Based On Elon Musk’s Request?

Elon Musk on Wednesday, diagnosed the problem with Dogecoin’s low commercial acceptance rate, as stemming from its unattractive fees, but it is unlikely any change can come sooner.  The Tesla technoking and one-time Dogecoin sole influencer took to Twitter stating: It is “super important for Doge fees to drop to make things like buying movie […] дальше »

2021-9-24 16:16