Cryptocoins News / The Cointelegraph - 9 months ago
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research....
Bitcoin News / Bitcoinist - 9 months ago
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20.
The move came after Genesis Global Capital halted customer repayments on November 16, raising concer...
Bitcoin News / Bitcoin.com - 9 months ago
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headline...
Cryptocoins News / CoinJournal - 9 months ago
FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision.
The agreement will resolve FTX’s claims against Genesis debtors and vice versa.
Genesis is the largest unsecured creditor of FTX.
Defunc...
Cryptocoins News / Finance Magnates - 9 months ago
FTX and Genesis Global Capital have reached an agreement
to resolve a dispute between the debtors of the now-bankrupt cryptocurrency companies.
The agreement was disclosed in a letter that was filed by their lawyers in the US
bankruptcy court for t...
Cryptocoins News / The Cointelegraph - 9 months ago
FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement. Bankrupt crypto exchange FTX and crypto lender Genesis have reach...
Cryptocoins News / CoinJournal - 9 months ago
Celsius could return & customer assets by the end of the year after parties resollved two key bankruptcy issues.
CEL price rose more than 12% to $0.18 before paring gains.
The price of Celsius Network token CEL was up by more than 12% on Saturd...
Cryptocoins News / The Cointelegraph - 9 months ago
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. Bankrupted crypto...
Cryptocoins News / Finance Magnates - 9 months ago
FTX and its affiliated hedge fund firm, Alameda Research
are planning to recover USD $71 million spent by the bankrupt cryptocurrency
exchange on philanthropy. The lawyers representing the companies plan to
recover funds from FTX Foundation.Filed b...
Cryptocoins News / EthereumWorldNews - 9 months ago
FTX administrators filed that the funds were deployed for Sam Bankman-Fried’s “personal aggrandizement” rather than actual scientific advancements and innovation.Bankman-Fried’s NGO Latona received over $71 million from the c...
Cryptocoins News / EthereumWorldNews - 9 months ago
Celsius has won court approval to settle the bankruptcy fight with its preferred shareholders.& The bankrupt crypto lender will pay $25 million instead of prolonging the lawsuit potentially costing it $600 million.& Preferred shareholders ha...
Cryptocoins News / The Cointelegraph - 9 months ago
Claims can be converted into collateral to trade crypto futures on the exchange. OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto...
Cryptocoins News / EthereumWorldNews - 9 months ago
Open Exchange is now offering trading of bankruptcy claims held by customers of FTX and Celsius.& The bankruptcy claims trading platform is offering immediate liquidity to stranded claims holders.& OPNX recently partnered with Hong Kong Digi...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
by COINS NEWS - 9 months ago
Of course FTX gets all the mentions when it comes to fraudulent crypto companies. However, the Celsius case was also particularly bad. And Mashinsky was also particularly unrepentant and in your face about it. The first issue was Celsius offering up...
Cryptocoins News / Blockchain - 9 months ago
Tom Brady, the quarterback for the New England Patriots and winner of seven Super Bowls, served as an ambassador for the FTX bitcoin and crypto exchange, According to New York Times. (Read More)
Cryptocoins News / The Cointelegraph - 9 months ago
A filing in bankruptcy court from Florida’s Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex. The Flo...
Cryptocoins News / Finance Magnates - 9 months ago
The Florida
Office of Financial Regulation (OFR) said it issued a three-count complaint
against Bittrex in late April, days before the troubled cryptocurrency exchange
filed for bankruptcy
protection in May. In the complaint, OFR accused Bittrex of f...