2024-10-11 12:16 |
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its Bitcoin (BTC) mining business is “bright” as it migrates miners to…
2024-8-6 16:38 | |
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Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on…
2024-6-14 12:14 | |
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Creditors to the failed crypto lender have got their dollars back after bankruptcy, but working out the tax implications is going to take longer, says Koinly's Michelle Legge.
2024-4-15 16:32 | |
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Crypto lender Celsius wants to unstake its Ether holdings to meet the costs of its restructuring plan. The embattled crypto firm says the funds raised will be used to pay its creditors. Celsius’s move comes after the Southern District of New York Bankruptcy Court approved its restructuring plan in November. The plan included the creation […]
2024-1-5 15:05 | |
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The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.
2023-11-14 19:48 | |
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FTX Token (FTT) price jumped more than 78% to hit highs of $2. 36 on Thursday as the broader crypto market added 3% to the global market cap. The altcoin, native to the FTX exchange, had plummeted to near $0 in November after the platform imploded and filed for bankruptcy.
2023-11-10 13:45 | |
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At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.
2023-11-1 17:49 | |
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Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
2023-10-12 19:47 | |
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Failed crypto hedge fund Three Arrows Capital’s (3AC) attempt to pursue a $284 million claim against crypto lender BlockFi was put into mediation by the U.S. bankruptcy judge overseeing BlockFi’s case.
2023-10-11 22:23 | |
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FTX has sued the parents of Sam Bankman-Fried. The bankruptcy estate of the collapsed crypto exchange says founder and former CEO Sam Bankman-Fried fraudulently gifted millions of dollars to his parents.
2023-9-20 23:56 | |
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A U. S. bankruptcy court judge has granted FTX permission to sell its cryptocurrency assets, according to a filing dated Sept. 13. That order says that FTX is authorized, but not directed to, carry out certain crypto transactions and sales.
2023-9-14 23:16 | |
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The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.
2023-9-12 17:34 | |
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Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant to the October fraud trial
2023-9-6 12:19 | |
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Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant to the October fraud trial
2023-9-4 12:19 | |
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Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of its ongoing bankruptcy proceedings. And the company is standing firm that its customers should take priority over fellow bankrupt company FTX.
2023-8-23 14:00 | |
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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 | |
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Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms.
2023-8-1 03:00 | |
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Digital Currency Group comments on the restructuring in an investor letter.
2023-8-1 20:27 | |
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That includes customer recoveries, the bankruptcy crypto lender said Thursday.
2023-7-14 00:40 | |
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Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III.
2023-6-27 20:40 | |
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Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said.
2023-6-21 12:11 | |
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A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings.
2023-6-6 01:41 | |
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Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee said that bankruptcy courts have approved Voyager’s liquidation procedures and said that the plan will take effect as early as May 19.
2023-5-18 04:05 | |
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Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets
2023-5-11 18:54 | |
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Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy.
2023-4-25 16:57 | |
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Zipmex says it filed for the court extension as it seeks to find a solution that suits its customers and an investor. The moratorium was put in place following Zipmex’s bankruptcy filing in July last year.
2023-4-19 20:44 | |
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Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.
2023-4-11 16:00 | |
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FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement.
2023-3-30 05:55 | |
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FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement.
2023-3-30 05:55 | |
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The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner.
2023-3-23 21:59 | |
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Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”
2023-3-22 00:54 | |
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FTX filed for Chapter 11 bankruptcy in November 2022 and shortly after the new CEO John J. Ray III described the exchange’s collapse as a “complete failure of corporate controls and a complete absence of trustworthy financial information.
2023-3-18 14:16 | |
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The official spoke during a Voyager Digital bankruptcy hearing.
2023-3-6 01:44 | |
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U.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing.
2023-3-2 18:58 | |
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Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets.
2023-3-1 04:31 | |
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Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets.
2023-3-1 04:31 | |
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Emergent Fidelity case is "futile,” says the bankrupt crypto lender which is seeking access to its 55 million Robinhood shares.
2023-2-17 10:21 | |
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Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC.
2023-2-10 20:50 | |
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Defunct crypto trading firm Alameda Research – one arm of FTX founder Sam Bankman-Fried's former empire – wants to regain around $446 million transferred to bankrupt lender Voyager Digital prior to Alameda's own bankruptcy filing, a new lawsuit says.
2023-1-31 02:41 | |
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UK’s Charity Commission says it opened the investigation into Effective Ventures Foundation on 19 December. FTX collapsed in November and is currently undergoing bankruptcy proceedings in the US.
2023-1-31 00:49 | |
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Eric Snyder, partner at Wilk Auslander LLP, says that a substantial amount of haircuts are likely to be made, but that depends on the petition Genesis’ trio of companies filed.
2023-1-21 23:28 | |
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An attorney defending the debtors in the FTX bankruptcy case has lashed out against social media and said it was spreading information.
2023-1-21 23:21 | |
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Genesis CEO Promises Speedy Bankruptcy
The post Genesis Bankruptcy Will Be Quick and Efficient, Says Interim CEO appeared first on BeInCrypto.
2023-1-21 22:29 | |
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According to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive is exploring options to re-launch the trading venue and raise money to repay its customers.
2023-1-20 19:44 | |
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Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators.
2023-1-11 17:27 | |
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Crypto exchange FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Securities Commission of the Bahamas, a bankruptcy attorney said during a hearing Wednesday.
2023-1-11 17:17 | |
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Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX.
2023-1-11 14:58 | |
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FTX filed for bankruptcy in November and Senator Patrick Toomey says Congress should move to provide regulatory clarity on crypto, adding that FTX’s collapse has nothing to do with cryptocurrency.
2022-12-15 20:22 | |
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Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday.
2022-12-14 19:37 | |
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Bitcoin drifted under $83,000 on Thursday as market focus shifted toward how liquidity is stacked on exchanges. Reports say a mix of big orders and tight ranges has left traders feeling boxed in. Some analysts warn that a break under a key level could spark sharper selling, while others point to concentrated buy orders that might cushion a drop.
Bitcoin slid sharply this week, hitting just above $82,000 in early US trading and triggering a wide purge of crowded positions. Based on data from Coinglass, roughly 270,000 accounts were wiped out across exchanges in the past day, and close to $1.
The US government has been trying to execute a historic pivot with its Bitcoin holdings, shifting from a messy, case-by-case inventory of seized crypto into a strategic national reserve for almost a year now.
Bitcoin price succumbed to a violent selloff on Monday while gold and silver surged to all-time highs following President Donald Trump‘s threat of sweeping new tariffs on European allies. According to CryptoSlate's data, BTC slipped below $93,000 within minutes during early Asian trading hours, after trading comfortably in the mid-$95,000s just moments earlier.
The US crypto industry believed it stood on the precipice of securing the regulatory legitimacy it has pursued for a decade, but the political ground has suddenly shifted beneath it. On Jan. 14, Sen.
On Jan. 13, the US Senate Banking Committee released the full text of the highly anticipated Digital Asset Market Clarity Act (CLARITY) ahead of its expected markup this week. The 278-page draft abandons the strategy of picking winners on a token-by-token basis.
Bitcoin investors are bracing for a rare convergence of market forces this week, walking into a gauntlet of three distinct macro and policy catalysts packed into a single 72-hour window. The catalysts include the release of December’s Consumer Price Index (CPI) on Tuesday, a potentially historic Supreme Court opinion day on Wednesday regarding executive tariff […] The post Bitcoin is walking into a perfect setup for a long-term bull run but first faces a brutal 72-hour gauntlet appeared first on CryptoSlate.