Bankruptcy
- Crypto Exchanges
FTX to Come Back to Life, Striving for Redemption or Controversial Comeback?
FTX, a cryptocurrency exchange that had previously declared bankruptcy, may soon see its revival plans come to fruition. The latest…
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Voyager Bankruptcy Plan Gets Green Light, Initial Customer Recovery Set at 35.7%
According to a report from Reuters, the United States Bankruptcy Court for the Southern District of New York approved Voyager’s…
Read More » - Government
SEC Shuts Down Coinbase Plea for Urgent Crypto Rules, Ignites Fierce Debate
In a recent court filing, the U.S. Securities Exchange Commission (SEC) has formally responded to Coinbase’s petition for clear cryptocurrency…
Read More » - Global News
Celsius Network Utilizes Figment Staking Service to Transfer $75 Million Worth of Ether Amid Bankruptcy Proceedings
Blockchain data reveals that Celsius Network, a struggling cryptocurrency lending platform, recently staked approximately $75 million worth of ether (ETH)…
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Shocking Transfer: OKX Sends $60 Million in Digital Assets to Failed Hedge Fund Alameda Research
Data from crypto analytics platform Arkham Intelligence reveals that on May 9th, digital assets worth approximately $60 million were transferred…
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FTX Founder Sam Bankman-Fried Makes Bold Move to Have Criminal Charges Dismissed in Court
The former CEO of FTX, Sam Bankman-Fried (SBF), is attempting to have a maximum of 10 criminal charges against him…
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Crypto Exchange Bittrex Files for Bankruptcy Amid SEC Legal Battle
Bittrex Inc., a prominent cryptocurrency trading platform in the United States, has declared bankruptcy following a lawsuit from federal securities…
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LedgerX Sale Approved in FTX Bankruptcy Case
The judge overseeing the bankruptcy case of FTX has approved the sale of LedgerX to M7 Holdings, an affiliate of…
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FTX Pursues $4B in Funds from Bankrupt Lender Genesis in Legal Dispute
Cryptocurrency exchange FTX is attempting to retrieve approximately $4 billion from Genesis, a bankrupt crypto lender, and a solvent British…
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Regulatory Environment Prompts Binance US to terminate $1 Billion Deal with Voyager Digital
Binance.US has announced through a tweet that it will not proceed with its plan to acquire $1 billion worth of…
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