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Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
15.9.2023
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down
Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?
14.9.2023
Crypto traders are talking about SOL price falling due to the risk of FTX selling its $1.16 billion Solana stake. Are they over-exaggerating?
Genesis announces winding down of crypto trading services
14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details
Toughen up. Mt. Gox's ex-CEO only had a ‘little calculator’ to prepare for trial
14.9.2023
Mark Karpelès was seemingly drawing parallels to Sam Bankman-Fried's recent antics, claiming to have gotten through 20,000 pages of evidence in pre-trial detention with only a "simple calculator."
FTX Approved to Sell $3.4B in Crypto; Tron’s Justin Sun, DWF Labs Consider Buying Cache
13.9.2023
The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $3.4 billion after John Dorsey, the presiding bankruptcy court judge, approved the motion. Moreover, Tron founder Justin Sun took to social media and said he is considering an offer for FTX’s...
Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?
13.9.2023
In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors.
The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell...
Court approves sale of FTX digital assets
13.9.2023
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens."
Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
13.9.2023
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
13.9.2023
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back
Gemini Earn users could recover all funds in new DCG remuneration scheme
13.9.2023
DCG suggests a new deal in Genesis bankruptcy, offering unsecured creditors 70%–90% baseline recovery; if approved, it would involve the renegotiation of a $630-million loan between Genesis and DCG
Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
13.9.2023
A filing on Tuesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
13.9.2023
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Bitcoin derivatives data suggests BTC price holds the current range
12.9.2023
BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction
Former Celsius CEO Mashinsky seeks dismissal of FTC case
12.9.2023
Former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S regulatory agencies
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
11.9.2023
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update...
FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation
11.9.2023
Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12
FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says
11.9.2023
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
11.9.2023
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges that Layerzero exploited FTX’s financial...
Anchorage Digital CEO Highlights 'Widespread' Self-Custody Risks After Prime Trust Bankruptcy
11.9.2023
The collapse of crypto custodian Prime Trust in recent months has underscored the inherent risks of self-custody within the cryptocurrency industry, according to Diogo Monica, CEO of San Francisco-based crypto bank Anchorage Digital.
Speaking in an interview with crypto news outlet Decrypt, Monica...
Steve Kokinos, Creditors Named to Run Celsius 2.0
11.9.2023
Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee