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3232DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case
https://www.digit.info/doj-appointed-us-trustee-objects-to-subpoena-request-in-ftx-bankruptcy-case/
Fri, 03 Feb 2023 21:20:02 +0000https://www.digit.info/2023/02/03/doj-appointed-us-trustee-objects-to-subpoena-request-in-ftx-bankruptcy-case/Read more]]>Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally appointed independent examiner. U.S. Trustee Argues for […]
]]>FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings
https://www.digit.info/ftx-debtors-seek-dismissal-of-turkish-entities-in-chapter-11-bankruptcy-proceedings/
Tue, 31 Jan 2023 22:19:55 +0000https://www.digit.info/2023/01/31/ftx-debtors-seek-dismissal-of-turkish-entities-in-chapter-11-bankruptcy-proceedings/Read more]]>FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe Turkish authorities “or any liquidator” in the country will cooperate with officials […]
]]>Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
https://www.digit.info/bankrupt-crypto-lender-celsius-seeks-to-reopen-withdrawals-for-specific-customers/
Fri, 02 Sep 2022 17:30:40 +0000https://www.digit.info/2022/09/02/bankrupt-crypto-lender-celsius-seeks-to-reopen-withdrawals-for-specific-customers/Read more]]>Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program. A court hearing concerning the matter of relief will […]
]]>Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year
https://www.digit.info/virtual-metaverse-plots-outpace-top-nft-collection-sales-play-to-earn-tokens-surged-in-value-this-year/
Mon, 06 Dec 2021 20:30:28 +0000https://www.digit.info/2021/12/06/virtual-metaverse-plots-outpace-top-nft-collection-sales-play-to-earn-tokens-surged-in-value-this-year/Read more]]>During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this year. Metaverse Properties Outpace NFT Collections — Play-to-Earn Tokens Rise Following […]
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally appointed independent examiner. U.S. Trustee Argues for […]
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe Turkish authorities “or any liquidator” in the country will cooperate with officials […]
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program. A court hearing concerning the matter of relief will […]
During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this year. Metaverse Properties Outpace NFT Collections — Play-to-Earn Tokens Rise Following […]