Search
Arthur Hayes: Bitcoin bottomed as 'everyone who could go bankrupt has gone bankrupt'
12.12.2022
Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
12.12.2022
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer...
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
11.12.2022
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of...
Former top SEC crypto regulator hired by Caroline Ellison
11.12.2022
Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
11.12.2022
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should...
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
10.12.2022
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed...
FTX Bankruptcy Managers Hire Forensic Investigators AlixPartners: WSJ
8.12.2022
The team, led by former SEC accountant Matt Jacques, is tasked with tracking billions of dollars that disappeared from FTX
Bitcoin Price and Ethereum Prediction; Celsius Customers to Get $44M in Crypto From Bankruptcy
8.12.2022
Bitcoin, the leading cryptocurrency, has failed to hold above the $16,900 support level, which has now become a major resistance. While Ethereum, the second-most valuable cryptocurrency, has also breached a major support level of $1,240, extended by an upward channel.
Given this, BTC and ETH...
Crypto lender Genesis has no solution yet for withdrawal halts
8.12.2022
Genesis said it will take additional weeks to carve out a recovery path for its lending business
Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
8.12.2022
Celsius filed a motion in September to return crypto to customers who held assets in such accounts
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
8.12.2022
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
8.12.2022
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
7.12.2022
Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX
Data Lake: DeSci the Future of Crypto after the FTX Fiasco?
7.12.2022
It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other dominoes have started to fall including the announcement that BlockFi has filed for bankruptcy. Before all of this there was the LUNA/Terra implosion, and...
Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
7.12.2022
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
3AC subpoenas issued as dispute grows over claims of Terraform dump
7.12.2022
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated
Michael Saylor on the FTX fiasco: 'Unethical and illegal from the very beginning'
6.12.2022
Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire
Court sets new deadline for Celsius restructuring plan
6.12.2022
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
6.12.2022
"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said
Looks Who's Taking a Crash Course in Crypto Bankruptcy
5.12.2022
The chief bankruptcy judge of the Southern District of New York is learning on the job how crypto complicates bankruptcy law. He already has his hands full with Celsius Network, but his caseload could get even bigger in 2023. That’s why Martin Glenn is one of CoinDesk’s Most Influential 2022