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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
Judge Denies Appointment of Independent Examiner in FTX Bankruptcy
15.2.2023
Delaware bankruptcy court judge sided with the bankrupt crypto exchange and said there is no need to appoint an examiner to conduct "yet another costly investigation that would slow the progress" of the case
South Korea sets independent sanctions for crypto theft against North Korea
10.2.2023
The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats
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...
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
6.2.2023
DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case
3.2.2023
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally...
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
31.1.2023
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
26.1.2023
FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner
South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints
24.1.2023
According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted...
Genesis' bankruptcy filing was decided by independent committee according to DCG
20.1.2023
A special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18
16.1.2023
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...
Music NFTs are helping independent creators monetize and build a fanbase
11.1.2023
The Agenda podcast chats with Adam Levy of Mint and rapper Jay Kila about nonfungible tokens, Web3 and the struggles of being an independent musician
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
10.1.2023
Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner
US lawmakers call on court to approve 'independent examiner' in FTX bankruptcy case
10.1.2023
Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information needed to ensure confidence in any investigation or findings" regarding FTX
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
10.1.2023
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi...
FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House Testimony
12.12.2022
FTX CEO John Ray III is scheduled to testify before the House Financial Services Committee on Tuesday
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
Russian President Putin Says Independent Blockchain-Based Payment Network Would Be “Much More Convenient” Than Existing System
28.11.2022
A new blockchain-based international payment system could soon take shape, if Russian President Vladimir Putin gets his way.
The remarks from Putin about a potential blockchain-based digital payment system were given during a conference on artificial intelligence (AI) hosted by the major Russian...
Independent research verifies GBTC's 633K Bitcoin: So why won't Grayscale?
25.11.2022
In the wake of the FTX crisis proof of reserves has been a trending topic, and it seems when firms are unwilling to provide it, analysts may step in