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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...
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
29.3.2025
Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed
FTX’s Initial $1.2B Payout Process to Creditors Is Underway
18.2.2025
The payments are being distributed in U.S. dollars through BitGo and Kraken
Elon Musk Urges Public to Help DOGE as US Bankruptcy Looms
18.2.2025
Elon Musk warns America is on the brink of financial collapse. Urgent help is needed to expose government waste before uncontrolled spending drives the nation to ruin. US Bankruptcy Looms—Elon Musk Says Only ‘Radical Action’ Can Save It The Department of Government Efficiency (DOGE)...
Bankrupt FTX Sets Initial Payout Date for 2025, Partners With Bitgo and Kraken
11.2.2025
FTX will initiate repayments to Convenience Class creditors on Feb. 18, 2025, nearly three years after its November 2022 bankruptcy filing. FTX Creditors to Receive First Distributions Starting Feb. 18, 2025 Eligible creditors in FTX’s Convenience Classes can expect funds within 1-3 business days...
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate
Backpack Exchange and FTX clash over FTX EU ownership
9.1.2025
The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate