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Tag: Bankruptcy

Caroline Ellison desired to step down but feared a bank run on FTX

October 13, 2023 wp-bot Cointelegraph

Former Alameda CEO Caroline Ellison recognized she wasn’t doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to

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Court approves Genesis settlement of $175M to FTX, expunges billions in claims

October 12, 2023 wp-bot Cointelegraph

Genesis reportedly said the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it.

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Binance, Snapchat and capital among things SBF was ‘freaking out about’

October 12, 2023 wp-bot Cointelegraph

Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi Crown Prince,

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Sam Bankman-Fried goes on trial: A week in review

October 7, 2023 wp-bot Cointelegraph

The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went

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An Urban Farmstead Emerges From 3AC Co-Founder’s Bankrupt-Shadowed Mansion

October 5, 2023 wp-bot Bitcoin News

According to a report, the spouse of Three Arrows Capital (3AC) co-founder Su Zhu has transformed their residence into a farmstead. The farm reportedly boasts

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Celsius seeks court approval to start repaying customers by year-end

October 3, 2023 wp-bot Cointelegraph

The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023.

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Blockchain
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