Crypto exchange TrigonX latest to emerge from the FTX rubble
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX. Go to Source Powered by WPeMatico
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Shaquille O’Neal hit with FTX and Astral NFT suits during NBA game
Process servers claim they were able to reach and serve the former basketball star during an NBA game at the home arena for the Miami Heat, formerly known as FTX Arena. Go to Source Powered by WPeMatico
FTX 2.0 to launch soon? Court filing shows a reboot plan in the works
The new FTX CEO has undertaken a series of meetings over the past month to work on the relaunch of the failed crypto exchange by entering in a bidding process. Go to Source Powered by WPeMatico
‘Big Short’ author Michael Lewis almost ready to publish book on SBF
The author didn’t want to give away too many details on the book, but did note that his recounting of the FTX collapse “aims to read like a piece of fiction.” Go to Source Powered by WPeMatico
MIAX completes acquisition of FTX subsidiary LedgerX
The deal was announced in April and approved by the bankruptcy judge on May 4. Go to Source Powered by WPeMatico
Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially
The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors. Go to Source Powered by WPeMatico
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands and proceed with a self-liquidating transaction. … Read more
Lawsuit against FTX celebrity promoters gets backup from former exec
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit. Go to Source Powered by WPeMatico
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. Go to Source Powered by WPeMatico
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence. Shaq’s Legal Team Fights … Read more