The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.
Read more
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges.
Read more
Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims.
Read more
FTX bankruptcy will be ‘very expensive’ but for a reason: Auditor
The more than $200 million in legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who describes them
Read more
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues
Chamath Palihapitiya, CEO of VC company Social Capital, has warned about a looming crisis in equity markets due to the issuance of low-interest debt. According
Read more
Twitter Divided as Speculations Swirl Around FTX 2.0 Reboot: Supporters Rally for Revival, Opponents Skeptical
Twitter users have been engaged in a lively discussion about the possibility of a reboot for the FTX estate, following recent reports in late May.
Read more