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FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024

FTX is eyeing the completion of its bankruptcy process for the second quarter of next year, according to its Sept. 11 court filings. As per the filing, the firm is currently involved with ongoing negotiations and mediation with stakeholders over the coming months to resolve open plan issues involving its bankruptcy plans. дальше »

2023-9-11 19:50


Former Alameda CEO’s $2.5 Million Yacht Deal Exposed In FTX Court Documents

Recently submitted court filings to the U.S. Bankruptcy Court for the District of Delaware have shown a sequence of financial transactions that preceded the decline of FTX in November 2022. The aforementioned papers suggest that the majority of these transactions primarily favored individuals who hold influential positions inside the business. However, it’s essential to note […] дальше »

2023-9-4 16:41


Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate. дальше »

2023-9-1 14:01


Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »

2023-8-29 10:28


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OnlyFans’ parent firm reveals its Ethereum (ETH) holdings amid surged revenue

OnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19. 9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle and Celsius’s bankruptcy catalyzed the downside trend in the crypto market within the past twelve months. дальше »

2023-8-28 09:34