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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]Powered by WPeMatico
The creditor’s committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12.
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Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.
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The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process.
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The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds.
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London-born advisory and accountancy network Moore Global has published a new report gathering expert opinions worldwide about the future of the tokenized real estate market.
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If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift […]
The post Bitcoin After Death: The Perils of Sharing One’s Fortune appeared first on Bitcoin News.
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A Russian arbitration court of appeals has recognized cryptocurrency as a property with value in its ruling on Monday. This overturned a previous ruling by another court even though Russia currently has no legal framework for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Recognized as Property The Ninth Arbitration Court of […]
The post Cryptocurrency Recognized as Valuable Property by Russian Court appeared first on Bitcoin News.
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The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]
The post Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia appeared first on Bitcoin News.
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