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Bankruptcy

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Voyager customers targeted by scammers during 30-day withdrawal period: Report

August 1, 2023 by DIGIT

Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets. Go to Source Powered by WPeMatico

Categories Bankruptcy, Cryptocurrencies, United States

FTX.com releases restructuring plan, hints at rebooted offshore exchange

August 1, 2023 by DIGIT

Reams of dockets from FTX.com have been filed alongside a proposed reorganization plan which could see FTX resurrected as an offshore exchange. Go to Source Powered by WPeMatico

Categories Bankruptcy, ftx, FTX.com, FTX.US, restructuring

FTX, Genesis reach in-principle agreement to settle bankruptcy case

July 28, 2023 by DIGIT

FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement. Go to Source Powered by WPeMatico

Categories Bankruptcy, Chapter 11, Court, debtors, ftx, genesis, Settlement

Celsius Network reaches settlements to exit bankruptcy

July 22, 2023 by DIGIT

Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. Go to Source Powered by WPeMatico

Categories Bankruptcy, celsius, United States

Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing

July 21, 2023 by DIGIT

According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die”. Go to Source Powered by WPeMatico

Categories Bankruptcy, Court, ftx, Regulation, Sam Bankman-Fried

FTX sues over investments, donations made by charity arm to life sciences companies

July 20, 2023 by DIGIT

The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research. Go to Source Powered by WPeMatico

Categories Bankruptcy, Cryptocurrency Exchange, ftx, Philanthropy

Celsius could repay all USD claims if Bitcoin, Ether prices rose by 2X: Simon Dixon

July 19, 2023 by DIGIT

Dixon called for creditors to fight to get out of the bankruptcy proceedings before BTC and ETH prices hit the estimated number to avoid another rug pull by the crypto lender. Go to Source Powered by WPeMatico

Categories Bankruptcy, Bitcoin Industry, Bitcoin Regulation, celsius

BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing

July 14, 2023 by DIGIT

Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. Go to Source Powered by WPeMatico

Categories Bankruptcy, Blockfi, business, Court, ftx

FTX claims portal becomes unavailable shortly after going live

July 11, 2023 by DIGIT

Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail. Go to Source Powered by WPeMatico

Categories Bankruptcy, business, Court, Cryptocurrency Exchange, ftx

Mt. Gox repayment date looming: Is Bitcoin in trouble?

July 11, 2023 by DIGIT

As the Mt. Gox repayment deadline scheduled for October approaches, crypto observers expect a major industry event coming up this fall. Go to Source Powered by WPeMatico

Categories Bankruptcy, hacks, Mt Gox, whale
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  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.48-0.05%
  • binancecoinBNB(BNB)$616.33-1.22%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.91-1.75%
  • tronTRON(TRX)$0.281372-1.07%
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  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.38%
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  • bitcoinBitcoin(BTC)$67,673.00-1.00%
  • ethereumEthereum(ETH)$1,997.830.98%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.48-0.05%
  • binancecoinBNB(BNB)$616.33-1.22%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$84.91-1.75%
  • tronTRON(TRX)$0.281372-1.07%
  • dogecoinDogecoin(DOGE)$0.1011021.21%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.38%