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FTX estate sets next creditor payout date as Genesis Digital Assets fights $1 billion clawback suit
14.1.2026
FTX’s bankruptcy wind-down is still running on two tracks: returning money to creditors while trying to take it back from others
Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation
9.1.2026
Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward. Liquidation Details The Australian cryptocurrency exchange group DAEX has halted all trading operations and entered voluntary liquidation, leaving...
Crypto’s Biggest Liquidation Day Ever May Have Left Time Bombs in Its Wake
4.11.2025
The Oct. 10, 2025, crypto liquidation cascade set an all-time single-day record and, according to market observers, the real damage may surface in the coming weeks if distressed firms reveal losses. Oct. 10’s Liquidation Shockwave Still Rattles the Crypto World Analysts say the event’s combination...
Bankman-Fried Blames Lawyers for FTX Collapse, Says $100B in Value Was Lost
2.11.2025
The fallen FTX founder Sam Bankman-Fried is back on X, insisting his collapsed exchange wasn’t actually insolvent. He’s now claiming that outside lawyers strong-armed the company into filing for bankruptcy. Critics Torch Sam Bankman-Fried’s Latest Claims “FTX was never bankrupt, even when...
SBF Says FTX ‘Was Never Insolvent’ in Interview; Crypto Community Calls It Spin
16.10.2025
In a new prison interview with the conservative X account @amuse, Sam Bankman-Fried argues FTX “was never insolvent,” contending assets exceeded liabilities at filing and that bankruptcy professionals destroyed value instead of preserving it. SBF Faults Lawyers, Regulators in New Interview—Skeptics...
BRIC Strikes $299.5 Million Settlement With Tether in Celsius Showdown
15.10.2025
The Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and Vaneck, has reached a $299.5 million settlement with the largest stablecoin issuer by market cap, Tether, resolving litigation tied to the Celsius Network bankruptcy. The payment follows a lawsuit filed...
Celsius Wind-down Secures $300M From Tether, Say GXD Labs, VanEck
14.10.2025
A consortium established by the companies announced the recovery of Celsius funds tied to claims against Tether
FTX Recovery Trust Sues Genesis Digital Assets, Seeks $1.15B Clawback
23.9.2025
FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer money. FTX Estate Sues Genesis Digital Assets The complaint, lodged...
Third Time, Still Paying: FTX Lines up $1.6 Billion for Creditors
19.9.2025
FTX’s bankruptcy estate will ship another $1.6 billion to creditors in a third distribution, turning the long unwind into a steady drip of real money at last. Creditor Glow-up Continues: FTX Tees up $1.6 Billion More Round three is designed to top up eligible, allowed claims across the board...
Bankrupt Exchange FTX Set to Repay $1.6B to Creditors Starting on Sep. 30
19.9.2025
The latest round of redistributions marks another step in the bankruptcy estate’s plan to make creditors whole after the 2022 collapse of Sam Bankman-Fried's exchange
Customers Could Be Crushed—Expert Flags Deep Risk for Linqto Investors
13.7.2025
A dire warning signals investors should be “very concerned” as Linqto’s bankruptcy exposes collapsed legal structures, pooled customer assets, and looming reclassification as unsecured creditors. Linqto Collapse Is a ‘Brutal Wake-up Call’—Why Customers Should Be Very...
Linqto Files Bankruptcy Amid Legal Probes and Corporate Structure Issues
9.7.2025
Linqto’s Chapter 11 bankruptcy filing exposes deep structural flaws and regulatory pressure that could upend investor ownership rights and rattle confidence in private equity access platforms. Linqto’s Chapter 11 Filing Sparks Questions Over Private Equity Ownership Rights Mounting legal pressures...
NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
2.7.2025
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022
$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi
15.6.2025
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at what’s still sitting onchain....
UK Appoints First Crypto Specialist for Insolvencies
9.6.2025
The country has been beefing up its crypto work as digital assets have soared in popularity
FTX Creditors to Receive Over $5B in Second Payout Starting May 30
15.5.2025
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...
Ex-Celsius CEO Alex Mashinsky Seeks 1-Year Sentence, Rejects DOJ’s 20-Year Proposal
6.5.2025
Former Celsius CEO Alex Mashinsky is seeking a one-year prison sentence, sharply contesting the Department of Justice’s (DOJ) recommendation of 20 years for fraud and market manipulation tied to the cryptocurrency platform’s 2022 collapse. Mashinsky’s Lawyers Push for Leniency in Sentencing Memo...
New FTX EU Owner Backpack Initiates Customer Claims Process
2.4.2025
Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification
BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions
2.4.2025
With a May 15 deadline looming, just 43% of non-U.S. customers have claimed their distributions
FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025
30.3.2025
The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection...