FTX and Alameda move $23.59M in assets to Binance, Coinbase, OKX
The latest transfer of $23.59 million was spread across 19 tokens, including ETH, ALEPH, CRV, AVAX, LINK, DOGE, MATIC, UNI, and SOL. Go to Source
Bankruptcy
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FTX to submit revised reorganization plan in mid-December
Bankrupt, defunct exchange FTX is preparing to present an updated reorganization plan to the court in mid-December. Go to Source
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Go to Source
FTX and Alameda transfers another $22M worth of crypto asset
Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million. Go to Source
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. Go to Source
Celsius grants access to withdrawals for eligible crypto holders
Eligible participants can withdraw 72.5% of their cryptocurrency holdings minus transaction fees. Go to Source
3AC co-founder Kyle Davies spotted in Bali, sources claim
Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund. Go to Source
FTX, BlockFi claims settlement allowed to proceed, judge declares
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi. Go to Source
FTX files billion-dollar lawsuit against ByBit over asset withdrawals
The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform. Go to Source
Hodlnaut heading for liquidation after failure of restructuring, sale efforts
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom. Go to Source