Bankruptcy
- Global News
SBF Roasted During Interview on the Crash of FTX…‘Look, I Screwed Up’
Sam Bankman-Fried, the cryptocurrency billionaire whose company crashed and led to at least two federal investigations, was interviewed on Wednesday…
Read More » - Global News
BlockFi Sues a Bankman-Fried Company to Recover Robinhood Shares
Cryptocurrency lender BlockFi Inc has sued a holding company for FTX founder Sam Bankman-Fried, seeking to recover shares in Robinhood…
Read More » - Crypto Exchanges
FTX Resumes Employee and Contractor Payments After Weeks of Turmoil
FTX Trading Ltd., and approximately 101 additional affiliated companies (together, the “FTX Debtors”), announced that most FTX subsidiaries around the…
Read More » - Companies
Another One Down… BlockFi Files for Chapter 11 Bankruptcy Protection
Cryptocurrency lender BlockFi has officially filed for Chapter 11 bankruptcy protection. The crypto lender is also laying off a large…
Read More » - Global News
Binance Targets $1B Industry Recovery Fund for Distressed Crypto Assets and Raises Concerns About Rival Coinbase
Binance is targeting $1 billion or more for a previously announced recovery fund to buy distressed crypto assets, CEO Changpeng…
Read More » - Crypto Exchanges
Bankman-Fried Apologizes to FTX Employees and Explains Why the Crypto Exchange Collapsed
The founder of failed crypto exchange FTX, Sam Bankman-Fried, apologized in a letter to his former employees for his role…
Read More » - Crypto Exchanges
Bankruptcy Filing: FTX Owes Over $3 Billion to Its 50 Largest Creditors
Bankrupt cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in…
Read More » - Global News
Celsius CEO Alex Mashinsky Resigns in the Middle of Bankruptcy Proceedings
Celsius Network CEO Alex Mashinsky submitted a letter of resignation Tuesday, months after the crypto company filed for Chapter 11 bankruptcy protection. Mashinsky’s resignation…
Read More » - Global News
FTX US Wins Auction for Voyager Digital Assets With $1.4bn Bid
Crypto exchange FTX US has won the auction to purchase the assets of Canada’s Voyager Digital, the bankrupt digital assets…
Read More » - Crypto Exchanges
Bankrupt Crypto Lender Voyager Digital Heads to Auction Block
Bankrupt crypto broker Voyager Digital will be auctioning off its remaining assets next week, a court filing confirmed on Tuesday.…
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