Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.
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FTX probes $6.5M in payments to AI safety group amid clawback crusade
Bankrupt crypto exchange FTX wants to look into millions it had given to the Center for AI Safety, a nonprofit that has argued AI should
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FTX navigates post-bankruptcy options, weighs sale or revival
Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to
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BlockFi emerges from bankruptcy and opens wallet withdrawals
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests.
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FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed
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Evergrande’s Economic Tremors Trigger Bank Run in Northern China
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began
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