Bankruptcy


Policy

U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says

District Judge Jennifer Rearden has put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Finance

FTX EU Sets Up Website to Repay Users

The European arm had been in operation for only about eight months prior to the collapse of parent FTX.

FTX EU will allow customers to withdraw funds that have been locked on the platform. (CraigRJD/Getty Images)

Policy

Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks

The U.S. bankruptcy court also ruled the crypto hedge fund's liquidators' service of a subpoena to Davies via Twitter complied with due process.

(Shutterstock)

Policy

British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22

The Three Arrows Capital founders will be found in contempt of court if they fail to reply to the order.

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

Policy

FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Is Delayed

A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.

(James O'Neil/Getty Images)

Policy

Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal

Federal regulators previously objected to the proposed sale.

(Nikhilesh De/CoinDesk)

Finance

FTX Bankruptcy Estate Consolidates Arbitrum Airdrop Tokens Into Single Wallet

The estate now holds 33,125 ARB tokens worth around $42,000.

FTX bankruptcy estate consolidates ARB airdrop (Christine Roy/Unplash)

Finance

Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets

Lawyers want the court to ring-fence FTX assets frozen in the accounts of non-U.S. customers.

Eversheds Sutherland attorneys Erin Broderick (left) and Sarah Paul (Eversheds Sutherland)

Finance

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

The approval came from the U.S. Bankruptcy Court in New Jersey, which is overseeing BlockFi's case.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Finance

A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Kyle Davies, who created OPNX with 3AC partner Su Zhu, spoke to CoinDesk about their new venture, created in the wake of losing hedge fund customers $2.5 billion.

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