Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research 3 min read 1.2 billion Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more...Read More
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate 4 min read Alameda Research FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate admin January 18, 2023 On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the...Read More
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena 3 min read agreement Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena admin January 13, 2023 A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball...Read More
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents 3 min read alameda FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents admin January 10, 2023 Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million...Read More
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process 3 min read 3ACLiquidation Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process admin January 6, 2023 The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by...Read More
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm 3 min read Bankruptcy US Bankruptcy Court Rules Celsius Deposits Belong to the Firm admin January 5, 2023 A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled...Read More
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius 3 min read account holders Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius admin January 5, 2023 Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according...Read More
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case 3 min read Assets FTX Customers File Class Action to Claim Assets Within Bankruptcy Case admin December 29, 2022 A group of customers are now suing FTX in an attempt to become the first to recover...Read More
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading 3 min read Argo Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading admin December 28, 2022 Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec....Read More
Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG 3 min read (Nasdaq: GREE) Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG admin December 20, 2022 The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to...Read More
‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition 4 min read Bankruptcy ‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition admin December 20, 2022 FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number...Read More
Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing 3 min read 100 million Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing admin December 15, 2022 According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before...Read More