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Nalezeno "Bankruptcy": 1399

DCG losses top $1B on the back of 3AC collapse in 2022

28.2.2023
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results

$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators

27.2.2023
The filing opposing the Binance US deal casts doubt on the firm's relationship with Binance.com and alleges its staking service is illegal

Texas objects to Voyager-Binance.US deal, court filing shows

26.2.2023
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...

Voyager is selling crypto assets through Coinbase, suggests on-chain data

26.2.2023
Since Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain

FTX Japan reports $50M in withdrawals since Feb. 21

23.2.2023
According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets

Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise

23.2.2023
Speaking on a video call from a high-rise Singapore office building, Folkvang founder Mike van Rossum provided a candid account of the "messy" situation surrounding FTX's collapse and the aftermath

3AC liquidators to sell firm's NFTs to realize value amid bankruptcy

23.2.2023
The announcement said that the sales will be commencing 28 days after Feb. 22, when the notice went out

SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities

23.2.2023
Federal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

22.2.2023
According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s...

Voyager’s Binance US Sale Plan ‘Full Steam Ahead,’ Counsel Says

22.2.2023
A vast majority of Voyager’s creditors are voting in favor of a plan to sell assets to Binance US, a New York court was told today

FTX poked the bear and the bear is pissed — O'Leary on the crypto crackdown

21.2.2023
Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another

FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets

20.2.2023
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk

BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle

20.2.2023
The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd

Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried

19.2.2023
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million,...

FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange

19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...