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Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
1.8.2023
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research
Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
29.7.2023
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets
9.6.2023
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Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
5.6.2023
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy
FTX bankruptcy judge approves sale of LedgerX
4.5.2023
The judge said he read all the papers and declarations related to the FTX debtors' motion for the sale of LedgerX and was “satisfied” with the proceedings
Bankruptcy Judge: Celsius Account Holders Can Retrieve 72.5% of Crypto Holdings, Permitted They Opt-In to Settlement Plan
22.3.2023
Custody account holders with the now-bankrupt crypto lender Celsius will be able to get back 72.5% of their holdings, as long as they agree to a settlement plan.
The settlement plan has now been approved by Judge Martin Glenn in the US Bankruptcy Court for the Southern District of New York,...
Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge
21.3.2023
Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”
Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
20.3.2023
Core Scientific had stopped paying Priority Power Management in May 2022
Voyager-Binance.US Pause Denied by Bankruptcy Judge
16.3.2023
A New York court denied the government’s request to halt the $1 billion deal, saying delay would harm customers
US Bankruptcy Judge Approves Binance.US $1.3B Deal for Voyager Digital, but Hurdles Remain – Here's the Latest
8.3.2023
Voyager Digital, the bankrupt crypto lender, has been given the green light to sell its assets to Binance.US and transfer its customers to the exchange.
At a hearing in New York, US Bankruptcy Judge Michael Wiles approved Voyager's restructuring plan, thus allowing it to sell its assets...
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
7.3.2023
Judge Michael Wiles of the Southern District of New York questioned a U.S. Securities and Exchange Commission attorney over the agency's concerns that Binance US may be operating an unregistered securities exchange
US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner
6.3.2023
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case
Voyager Bankruptcy Judge Says He Is ‘Absolutely Shocked’ by SEC Objection to Binance US Deal
2.3.2023
U.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
2.3.2023
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
16.2.2023
The hosting firm, one of North America’s largest, settled $250 million in secured debt and settled with about 11 companies
Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons
16.2.2023
The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors
FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner
16.2.2023
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens...
FTX bankruptcy judge denies US Trustee’s motion to appoint independent examiner
15.2.2023
The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX's alleged misuse of customer funds
FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'
8.2.2023
U.S Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the company's founders and former executives, including Sam Bankman-Fried, Gary Wang, Caroline Ellison, Nishad Singh and Bankman-Fried's family
FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns
7.2.2023
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through...