Bankruptcy


Финансы

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Политика

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

That includes customer recoveries, the company said Thursday.

Fahrenheit won the auction for bankrupt crypto lender Celsius (Pixabay)

Политика

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.

FTX founder Sam Bankman-Fried leaves federal court in New York after his arraignment and bail hearings on Dec. 22. (Michael M. Santiago/Getty Images)

Финансы

Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm

The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel.

117 Partners CEO Thomas Braziel (117 Partners)

Политика

Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy

The state's financial regulator accused the U.S. firm of violating multiple state laws, and advised the company on how to explore settlement avenues, court filings show.

Bittrex filed for bankruptcy in the U.S. (Marco Verch/Flickr)

Политика

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC

Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

BlockFi's bankruptcy plans are facing multiple objections (Ivan Radic/Flickr)

Финансы

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'

The hedge fund that filed for bankruptcy last year has been roasted by victims and crypto-industry observers in the wake of its epic collapse, but one partner, Kyle Davies, says "karma" motivates the founders to give back.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Видео

Celsius Can Start Converting Altcoins to Bitcoin, Ether as of July 1, Judge Says

Celsius was granted permission on Friday to start liquidating its altcoins, as the bankrupt crypto lender prepares a distribution to creditors that will take place solely in the two most widely used cryptocurrencies, bitcoin (BTC) and ether (ETH). "The Hash" panel breaks down the latest developments in the bankruptcy case.

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Мнение

How Much Is Too Much to Spend on FTX's Bankruptcy?

Are Sam Bankman-Fried’s victims being ripped off a second time?

John J. Ray III, CEO of FTX Group, has spent huge sums taking the failed exchange through bankruptcy. Is FTX simply that much more complex than Ray's last big unwind - Enron? (Photo by Nathan Howard/Getty Images)

Политика

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks

The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.

Fahrenheit's bid to buy Celsius must still be approved (Mustang Joe/Flickr)