Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets. Go to Source Powered by WPeMatico
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FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorneys intend to question some of Bankman-Fried’s top deputies, including FTX co-founder Gary Wang, ex-Alameda Research CEO Caroline Ellison, the former chief … Read more
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials. Go to Source Powered by WPeMatico
ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets. Go to Source Powered by WPeMatico
FTX creditor list shows airlines, charities and tech firms caught in collapse
The over 100-page long document lists every entity FTX owes money to, inclusive of Big Tech players to local businesses from its Bahamian headquarters. Go to Source Powered by WPeMatico
Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 … Read more
Judge denies motions from Celsius users seeking to reclaim assets
Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform’s terms of use left assets in their control. Go to Source Powered by WPeMatico
BlockFi reportedly posts uncensored financials revealing $1.2 billion FTX exposure
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake. Go to Source Powered by WPeMatico
New ‘Celsius token’ may be used to repay creditors: report
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company. Go to Source Powered by WPeMatico
BlockFi to sell $160M in Bitcoin miner-backed loans: Report
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24. Go to Source Powered by WPeMatico
