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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
FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement. Go to Source Powered by WPeMatico
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
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
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
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
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
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
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
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees. Go to Source Powered by WPeMatico
