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Bankruptcy
Crypto Bank Silvergate Says Its BlockFi Digital-Asset Deposit Exposure Totals Less Than $20M
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing.
Crypto Lender BlockFi Files for Bankruptcy
BlockFi filed for bankruptcy protection Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX's bankruptcy. "The Hash" panel discusses the latest casualty rocking the industry after the crypto lender suspended withdrawals just a few weeks ago, due to the ongoing confusion about FTX's assets.
BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.
Bahamas Securities Regulator Blasts 'Inaccurate' Accusations Made by FTX
The Securities Commission of The Bahamas said FTX misrepresented the regulator's move to secure the embattled exchange's assets against hacks in bankruptcy court filings in the U.S.
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
FTX Bahamas Liquidators Greenlight Bankruptcy Case Transfer to Delaware
Court-appointed liquidators overseeing collapsed crypto exchange FTX's assets in the Bahamas have agreed to transfer a related case they'd filed in New York to Delaware, where the company had already filed for bankruptcy protection. Wilk Auslander LLP Partner Eric Snyder discusses the significance and the legal considerations of FTX's fallout.
FTX Creditors' Information Can Be Redacted, for Now
Delaware District Court Judge John Dorsey approved a motion on an interim basis allowing crypto exchange FTX to redact information including names and addresses on its creditor matrix during a hearing Tuesday. Wilk Auslander LLP Partner Eric Snyder discusses the latest in FTX's bankruptcy.
Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
Court-appointed liquidators for FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy protection in Delaware.
