The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance. Source link
Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to a tweet by…
In a final move concluding weeks of auctions, the estate of bankrupt crypto exchange FTX has completed the sale of $2.6 billion worth of deeply discounted Solana tokens. The auction saw prominent buyers…
#Massive #Bitcoin #Mining #Farm #EMERGING #Bankruptcy #Core #Scientific source
In a fiery victim impact statement, FTX’s chief executive accused the crypto company’s disgraced founder Sam Bankman-Fried of peddling “categorically, callously, and demonstrably false” claims about customer losses while showing no remorse for…
#Biggest #FINANCIAL #SCAM #BILLION #Dollars #FTX #Crypto #King #Sam #BankmanFried source
#OpenSea #Regain #Dominance #Layoffs #NFT #Market #Decline source
#Collapse #FTX #Insiders #CNBC #Documentary source
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. Withdrawals “are currently available to nearly all Wallet…
#SEC #GARY #GENSLER #BLOCK #COINBASE #CELSIUS #BANKRUPTCY #RESOLUTION #CRYPTO #NEWS source
Irresponsible spending. Misjudging summer 2022’s crypto market implosion. Getting locked out of its own cryptocurrency wallet. These are some of the missteps detailed in a court filing submitted by battered crypto custodian Prime…
Bankrupt crypto lender, BlockFi revealed that the US Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. The development essentially demonstrated that the reorganization process of BlockFi continues…
Celsius may soon see the light at the end of its bankruptcy tunnel. Celsius Network, the bankrupt crypto lender, has charted a path toward resolution, paving the way for customer asset restitution. This…
In a surprising turn of events, 3AC bagged over $2 million from its NFT collection. The struggling Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) claimed $2.5 million from the auction of its…
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. Source link
Bittrex, a bitcoin and cryptocurrency exchange platform founded in 2014, has filed for bankruptcy in the state of Delaware. The decision comes after the company previously announced that it would be ceasing all…