FTX Bankruptcy Estate Aims to Make Claimants Whole by 2024 End
[[{“value”:” FTX claimants receive welcoming news regarding the timeline of their reimbursements. Continue reading at DailyCoin. “}]] Czytaj…
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Bankruptcy
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QuadrigaCX Co-founder Face Scrutiny Over Cash and Gold Holdings
The British Columbia government has taken action against Michael Patryn, a co-founder of the troubled cryptocurrency exchange QuadrigaCX.…
FTX wants to zero out claims on ‘Sam Coins’
Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be…
SEC begins multi-billion dollar fraud trial against Terraform Labs, Do Kwon
In a dramatic opening to a much-anticipated trial, the US SEC cast Terraform Labs and its co-founder, Do…
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy…
FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
The value of FTX’s FTT token surged 10% on the news. Czytaj więcej We współpracy z: https://www.coindesk.com/policy/2024/03/25/ftx-to-sell-884m-of-anthropic-shares-to-two-dozen-institutional-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares…
FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks — report
Current investors such as Google and Amazon are not considering purchasing the stake, according to the report. Czytaj…
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest…
LayerZero CEO claims Kyle Davies sought full treasury allocation days before 3AC’s fall
Pellegrino asserted that 3AC was financially unstable when proposing the arrangement to LayerZero and criticized Davies for misleading…