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Nalezeno "bankruptcy": 1528

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

Blockchain projects fight for 23andMe user data amid bankruptcy

2.4.2025
DNA testing firm 23andMe is bankrupt, and now the genomic data of its 15 million users is up for sale to the highest bidder. Could that data end up on the blockchain?The company announced on March 23 that it had filed for Chapter 11 bankruptcy protection and that its CEO, Anne Wojcicki, had stepped...

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

23andMe Is a Wake-Up Call on Data Sovereignty

31.3.2025
Whether the Sei Foundation buys 23andMe, or not, the genetic data company’s bankruptcy shows the perils of centralized data collection and how blockchains can protect the public, says Phil Mataras, founder and CEO of decentralized cloud network AR.IO

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

Court Approves 3AC’s $1.53B Claim Against FTX, Setting Up Major Creditor Battle

14.3.2025
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating creditor payouts

US court gives Three Arrows nod to increase its FTX claim to $1.53B

14.3.2025
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof...