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Nalezeno "Bankruptcy": 1399

FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'

8.2.2023
U.S Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the company's founders and former executives, including Sam Bankman-Fried, Gary Wang, Caroline Ellison, Nishad Singh and Bankman-Fried's family

FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work

8.2.2023
The more than 151 staff assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance

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...

Gemini to pump $100 million into Genesis for its bankruptcy recovery

7.2.2023
Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....

Sam Bankman-Fried lawyers reach agreement on use of messaging apps

7.2.2023
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest

Genesis entity going up for sale as DCG makes creditor pact

7.2.2023
Digital Currency Group (DCG) plans to hand Genesis its stake in the Genesis Global Trading business entity which will then be sold, pending court approval

DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy

6.2.2023

FTX CEO testifies on 'pure hell' post-bankruptcy days at exchange

6.2.2023
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange's funds, insurance, and personnel

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs

6.2.2023
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators...

FTX seeks to claw back political donations by the end of February

5.2.2023
FTX's new management is sending messages to politicians and political groups to return donations by the end of the month

Genesis unsecured creditors' committee appointed

4.2.2023
The seven-member committee will represent the creditors in court, having the right to participate in the reorganization plan

FTX-tied townhouse in Washington DC unlisted: Report

4.2.2023
A few blocks from the U.S. Capitol, the townhouse belongs to Guarding Against Pandemics, a nonprofit organization founded by Gabriel Bankman-Fried, SBF's brother

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax

4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...

Sam Bankman-Fried's Emergent Fidelity Technologies Files for Bankruptcy

3.2.2023
Emergent is owner of 56 million shares of online brokerage Robinhood

Sam Bankman-Fried's holding company files for bankruptcy

3.2.2023
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's

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...