Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced…
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Bankruptcy Court
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Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary
FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital…
Metropolitan Museum of Art to return $550K in donations from FTX
The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said.…
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company.…
US officials appeal protections for Voyager execs in Binance.US sale
The DOJ disagrees with the legal protections given to those involved in the Voyager sale to Binance.US, saying…
Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order…
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York…
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF)…
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were…
A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache
A committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court…