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Bankrupt
Troubled Crypto Exchange Zipmex Proposes to Pay Creditors 3.35 Cents on the Dollar: Bloomberg
Major creditors are opposed to the restructuring plan and have requested an independent review.
WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline by a Year
The prominent crypto exchange was hacked in 2014, which led to 850,000 bitcoin (BTC) – now worth almost $23 billion – being drained.
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
Earlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors.
FTX Asks Politicians Who Received Bankman-Fried Donations to Return Money
The “confidential letters” escalate a fight over what could be $93 million in campaign contributions.
DeFi Outlook in 2023
Decentralized derivatives exchange dYdX COO George Zeng discusses his outlook on DeFi in the coming year and how decentralized exchanges may be impacted as regulators narrow their scrutiny over recent bankrupt centralized exchanges like FTX. Plus, insights on navigating the crypto winter.
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
The FTX founder, who says he needs the money to pay his legal fees, is fighting rival claims to the stake by his former company and crypto lender BlockFi.
Three Arrows Capital Founders Subpoenaed on Twitter
Zhu Su and Kyle Davies, founders of bankrupt crypto hedge fund 3AC, have been subpoenaed on Twitter. "The Hash" panel weighs in.
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.
BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms
Kirkland & Ellis Partner Joshua Sussberg announced the figure during BlockFi’s first bankruptcy hearing.
