Bitcoin News / Bitcoin.com - 4 weeks ago
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly...
Bitcoin News / Google News Bitcoin - 1 month ago
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray& & Yahoo Finance
by COINS NEWS - 1 month ago
Just spotted a tweet from an influencer getting hit with a lawsuit from Celsius for withdrawing a hefty sum before their bankruptcy declaration. It’s one of those “preference liability” claims, aiming to reel in funds taken out by the fast movers in...
by COINS NEWS - 1 month ago
submitted by /u/oemer10line [link] [comments]
Bitcoin News / Bitcoinist - 1 month ago
Kyle Davies, the co-founder of the now-bankrupt Three Arrows Capital (3AC), recently joined the Unchained Podcast to discuss the crypto community’s opinion of him, why he isn’t sorry that the crypto hedge fund went bankrupt two years ago, and his pri...
Bitcoin News / Google News Bitcoin - 1 month ago
‘Why Were the Bitcoins Missing?’: FTX Bankruptcy Lead Slams SBF's ‘Delusional’ Defense& & Decrypt
Bitcoin News / Google News Bitcoin - 1 month ago
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray& & CoinDesk
Bitcoin News / Bitcoin.com - 1 month ago
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of...
Bitcoin News / Bitcoin.com - 1 month ago
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of...
Bitcoin News / Bitcoinist - 1 month ago
London-based boutique distressed asset trading firm Attestor Ltd. experienced a significant bonanza as the value of crypto assets purchased from Sam Bankman-Fried’s FTX crypto exchange soared. According to a Bloomberg report, Attestor’s...
by COINS NEWS - 1 month ago
I want to know what kind of measures did you took when these events occurred and what kind of noticed led you to extract your money from their exchanges. Ultimately I'm thinking on what could be the next exchanges that could go to bankruptcy and...
Bitcoin News / Bitcoinist - 1 month ago
Embarking on a new chapter, BlockFi Founder and former CEO Zac Prince has emerged from the shadows surrounding the bankruptcy proceedings of the once-prominent crypto lender. Prince’s silence during the tumultuous period was a strategic move, a...
Bitcoin News / Bitcoin.com - 1 month ago
In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential merger between Gemini and Genesis were revealed before Genesis ultimat...
Bitcoin News / Bitcoinist - 1 month ago
A group of FTX investors have instituted a proposed class action against US law firm Sullivan & Cromwell for their role in the bankrupt crypto exchange’s fraud against its customers. The law firm is known to have worked for the crypto exchange du...
Cryptocoins News / Blockchain - 1 month ago
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga. (Read More)
Bitcoin News / Bitcoinist - 2 months ago
In a surprising twist, Digital Currency Group (DCG), the parent company of defunct crypto lender Genesis Capital, has contested the settlement agreement reached with the New York Attorney General’s (NYAG) office, citing alleged violations of th...
Cryptocoins News / Finance Magnates - 2 months ago
The crypto hedge fund Tyr Capital is embroiled in a contentious dispute with one of its clients regarding its exposure to the bankrupt digital assets exchange FTX.Tyr Capital Faces $22 Million Claim Tyr Capital stands accused of "criminal" mismanagem...
Bitcoin News / Bitcoinist - 2 months ago
In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. In a petition submi...
Bitcoin News / Google News Bitcoin - 2 months ago
Genesis Cleared by Bankruptcy Court to Redeem GBTC Shares& & Bloomberg
Bitcoin News / Bitcoin.com - 2 months ago
FTX Trading Ltd. and its affiliates have announced a plan to sell a subsidiary it acquired for $10 million to Coinlist for $500,000, court documents filed on Feb. 9, 2024 show. The latest motion, filed in the United States Bankruptcy Court for the Di...
Bitcoin News / Bitcoinist - 2 months ago
In a recent development, Genesis Global, the bankrupt cryptocurrency lender, has settled a lawsuit filed by New York Attorney General Letitia James, as reported by Bloomberg. The lawsuit alleged that Genesis defrauded customers of its now-terminate...
Cryptocoins News / Blockchain - 2 months ago
DCG opposes Genesis Global Capital's bankruptcy plan, citing legal violations and ethical concerns over asset valuation and creditor compensation in the volatile crypto market. (Read More)
by COINS NEWS - 2 months ago
Here are the main Safemoon LP pairs: BSC ETH MATIC The balances are now zeroed out. All funds have been transferred to the Trustee's wallet: https://bscscan.com/address/0x6f96042e6064ed5025b13a5b5b51702942cae537 This wallet now owns $10.6m i...
Bitcoin News / Bitcoinist - 2 months ago
In a recent development, Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has objected to Genesis’ bankruptcy plan, arguing that it violates the Bankruptcy Code. DCG’s objection centers around G...
Cryptocoins News / Blockchain - 2 months ago
FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments. (Read More)
