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Nalezeno "FTX Bankruptcy": 253

Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?

13.9.2023
In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors. The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell...

Court approves sale of FTX digital assets

13.9.2023
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens."

FTX Tweaks Crypto Sale Proposal to Placate U.S. Government

13.9.2023
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned

FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation

11.9.2023
Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12

FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says

11.9.2023
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year

Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records

4.9.2023
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly...

FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

4.9.2023
The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets

FTX Bankruptcy: Daily Legal Costs Mount to $1.5 Million, Raising Concerns Among Creditors

24.8.2023
The FTX bankruptcy saga has taken an alarming turn as daily legal expenses surge to a staggering $1.5 million, with creditors now sounding the alarm. Lawyers and other bankruptcy professionals are racking up these costs while dissecting the remains of the major crypto exchange, CoinDesk reported...

FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

23.8.2023
Creditors are lamenting the rapid drain of cash from the global exchange’s bankruptcy as the process stretches over more months

SBF denies witness tampering in effort to avoid jail

2.8.2023
Lawyers for Sam Bankman-Fried claim that his alleged sharing of Caroline Ellison's diary with the New York Times does not amount to witness tampering

FTX creditors unimpressed with exchange's bankruptcy exit plan

2.8.2023
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy

Sam Bankman-Fried's brother planned to buy island and prep for apocalypse: court filing

21.7.2023
According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die"

Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet

18.7.2023
According to a recently unsealed report made in Friday's court filing, BlockFi Inc. executives ignored repeated warnings from their risk management team regarding significant loans to Sam Bankman-Fried's Alameda Research, collateralized with digital tokens from FTX.... Read More: Report: BlockFi's...

FTX Bankruptcy Case: Lawyers Seek $323.5 Million Recovery from FTX Europe Leadership

13.7.2023
FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG. According to court filings submitted on Wednesday, the lawyers allege that the FTX Europe leadership...