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CryptoCurrency
FTX's Claim Prices Surge Ahead of Crucial Court Hearing
2024-01-23T17:21:19.112+02:00
The crypto exchange is advocating for a refund process based on market prices.
More than 100 objection letters have been filed against FTX’s motion on claims.
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CryptoCurrency
FTX's Bankruptcy Crisis Deepens: Appeals Court Orders Appointment of Independent Examiner
2024-01-19T21:21:36.086+02:00
The company's current CEO and the committee of unsecured creditors have opposed this step.
The court maintains that the appointment of an examiner is mandatory under the US Bankruptcy Code.
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CryptoCurrency
FTX’s Next Phase: To Present Updated Reorganization Plan by Mid-December
2023-12-07T16:19:41.102+02:00
The plan includes a potential acquisition by Perella Weinberg.
FTX's recovery plan includes the proposed issuance of recovery rights tokens.
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FTX Given Green Light to Sell $873M in Assets Managed by Grayscale, Bitwise
2023-11-30T16:59:07.785+02:00
The exchange's debtors had requested the liquidation of six crypto trusts.
Also earmarked for disposal is a stake valued at $66 million held at Bitwise.
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CryptoCurrency
Sam Bankman-Fried Allegedly Diverted $100M of FTX Funds to Political Donations
2023-08-15T09:57:28.030+02:00
An amendment indictment states that Bankman-Fried used 'straw donors' to influence Congress.
SBF was sent to jail ahead of his trial for allegedly tampering with witnesses.
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FTX's Debtors Battle for Asset Control amid Restructuring Plans
2023-08-10T17:45:37.775+02:00
The exchange's debtors have opposed plans to invest USD $2.6 billion in Treasuries.
The disagreement arrived when the exchange was planning to restart operations.
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