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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
FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat
11.9.2023
FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back
FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
10.9.2023
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates
FTX Looking to Recover Millions Paid to Athletes and Sports Clubs
10.9.2023
Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...
Failed Crypto Lender Celsius Attempts to Recoup Assets From EquitiesFirst Holdings
7.9.2023
Beleaguered crypto lending firm Celsius Network, that went bankrupt in July 2022, has filed an “adversary complaint” against private lending platform EquitiesFirst, in an attempt to recover assets.
The complaint was filed in a sealed bankruptcy document on Sept. 6, seeking injunctive relief and...
Celsius Network files 'adversary complaint' against EquitiesFirst
7.9.2023
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto
Genesis sues parent company DCG, other affiliate for $600M in overdue loans
6.9.2023
DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted
Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets
6.9.2023
EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
6.9.2023
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday
US-based Genesis Global Trading will eliminate its crypto spot trading service
5.9.2023
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
5.9.2023
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
A new report by the New York Times shows how the unfortunate crypto incidents have led to an unexpected “financial bonanza”...
Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records
4.9.2023
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly...
FTX-Linked Wallet Moves $10 Million in Altcoins Ahead of Bankruptcy Hearing
4.9.2023
Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market.
In a filing submitted the previous month, FTX debtors proposed a structured approach to crypto...
FTX wallet shifts $10M in crypto, sparking fear of token dumps to come
4.9.2023
The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets