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Nalezeno "bankruptcy": 1469

SBF's legal battle still has "a lot to play out," according to legal commentators

15.12.2022
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years

Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing

15.12.2022
According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection — FTX co-CEO Ryan Salame told Bahamian authorities that Sam Bankman-Fried (SBF) sent customer funds to the firm Alameda Research. A letter...

US Trustee names Wintermute on creditor committee in FTX bankruptcy case

15.12.2022
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people

Time for Serious Global Crypto Regulation, Germany Says

15.12.2022
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin...

Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy

15.12.2022
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

15.12.2022
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC

Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It

15.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake...

FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

15.12.2022
Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research

Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

15.12.2022
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations....

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy

14.12.2022
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

FTX Bankruptcy Court Warned Against Granting Bahamas 'Dangerous' IT Access

14.12.2022
Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine

14.12.2022
Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager

Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy

13.12.2022
Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse

13.12.2022
On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF) to mint new crypto tokens. The lawyers detailed that it was a “request for live, dynamic access...

$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

13.12.2022
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul

US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse

13.12.2022
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house...