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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...
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
21.1.2023
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict...
FTX allowed by bankruptcy judge to sell LedgerX, other assets
13.1.2023
The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed, and its regional arms FTX Japan and FTX Europe
FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge
13.1.2023
The collapsed exchange is looking to sell off its more separable and solvent assets as it seeks to repay creditors
Letter From US Senators 'Inappropriate,' Won’t Sway Me, FTX Bankruptcy Judge Says
11.1.2023
Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
23.12.2022
The 56 million Robinhood Markets shares at stake are currently worth around $450 million
Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
8.12.2022
Celsius filed a motion in September to return crypto to customers who held assets in such accounts
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
8.12.2022
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts
FTX Bankruptcy Judge Says Creditor Information Can Be Redacted – at Least For Now
22.11.2022
FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily
Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily
1.11.2022
A federal judge struck down Celsius’ plans to pay out nearly $3 million in retention bonuses to a select group of employees on Tuesday, citing the lack of transparency in the bankrupt crypto lender’s public filings