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Nalezeno "FTX Bankruptcy": 253

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

21.6.2023
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

Judge Upholds Confidentiality of FTX Customers’ Identities, Citing Security Concerns

10.6.2023
In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability...

Court Supports FTX's Request to Remove Customer Names from Bankruptcy Filings

10.6.2023
Bankrupt cryptocurrency exchange FTX has secured court permission to remove the names of its customers from all filings in its bankruptcy case. The US Bankruptcy Judge John Dorsey in Wilmington, Delaware, has concluded that publishing the names of individual customers could put them at risk...

Bitcoin Price and Ethereum Prediction: US SEC Lawsuit, FTX Bankruptcy, and BitGo Updates Unveiled

9.6.2023
Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo. These updates have brought...

FTX argues releasing ‘valuable’ customer list will harm its sale value

9.6.2023
Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said

FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets

9.6.2023
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Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report

6.6.2023
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude

New York’s Met Museum Agrees to Return $550K in FTX Donations

5.6.2023
The bankrupt crypto company is seeking the return of funds sent by Sam Bankman-Fried’s empire before its November collapse

US Government Presses for Independent Examiner in FTX Bankruptcy Case

31.5.2023
Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...

FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal

19.5.2023
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company

U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy

18.5.2023
A Delaware bankruptcy court judge denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings

Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy

16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations. The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness. The report...

FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service

11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities. According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...

IRS claiming $44B from FTX bankruptcy: Report

10.5.2023
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

10.5.2023
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes

FTX bankruptcy judge approves sale of LedgerX

4.5.2023
The judge said he read all the papers and declarations related to the FTX debtors' motion for the sale of LedgerX and was “satisfied” with the proceedings

FTX Bankruptcy Claims Another Casualty: Web3 Video Game Storybook Brawl Shuts Down – Here's the Latest

26.4.2023
At this point, one would have thought the FTX domino effect was over, but the latest report suggests the opposite. After forcing many over-leveraged firms to close shop, the FTX liquidity crunch has claimed the another crypto-related business. The latest Bloomberg report revealed that Storybook...