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Nalezeno "Bankruptcy": 1399

FTX Paid Around $2.2B to Sam Bankman-Fried, New Management Says

16.3.2023
The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees

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

Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees

15.3.2023
FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance

Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says

15.3.2023
The Department of Justice doesn’t like provisions that would render the company immune from prosecution for former wrongdoing

US officials appeal protections for Voyager execs in Binance.US sale

15.3.2023
The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority

BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report

13.3.2023
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally

Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action

13.3.2023
Kyle Davies, co-founder of defunct hedge fund Three Arrows Capital, has claimed he has no pending lawsuits or regulatory action following the collapse of the fund last year

BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney

13.3.2023

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

13.3.2023
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed

Euler Finance hacked for over $195M in a flash loan attack

13.3.2023
Euler Finance became the victim of a flash loan attack where the exploiter managed to drain hundreds of millions worth of decentralized stablecoins and synthetic ERC-20 tokens

Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga

13.3.2023
Court cases involving the U.S. SEC and some major crypto industry enterprises - Voyager Digital, Alameda Research and Biance - have continued to progress throughout 2023

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

13.3.2023
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department,...

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

11.3.2023
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture...

USDC Depeg: Circle's $43 Billion Stablecoin in the Spotlight as Silicon Valley Bank Exposure is Revealed – Here's the Latest

11.3.2023
The USD Coin (USDC) stablecoin has distanced away from its intended $1 peg following the revelation that Circle has exposure to the now-collapsed Silicon Valley Bank. Circle, the issuer of the world’s second-largest stablecoin USDC, said in a Friday tweet that it has $3.3 billion of its...

Bankrupt Crypto Lending Platform BlockFi Faces Potential $227 Million Loss in Uninsured Funds at Silicon Valley Bank – What's Going On?

11.3.2023
Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in an account maintained by failed lender Silicon Valley Bank. According to a March 10 filing by the Justice Department, BlockFi has $227 million parked in a money market mutual fund, which isn’t insured by the Federal...