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Tag: Bankruptcy

FTX bankruptcy judge denies US Trustee’s motion to appoint independent examiner

February 15, 2023 wp-bot Cointelegraph

The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX’s alleged misuse of customer funds.

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FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas

February 10, 2023 wp-bot Cointelegraph

The liquidators said they would “commence disposals” of certain FTX Digital physical assets following approval from the Bahamas’ supreme court.

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Crypto Biz: FTX clawbacks, Genesis silver lining?

February 10, 2023 wp-bot Cointelegraph

As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have reached an agreement on restructuring.

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Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy

February 10, 2023 wp-bot Bitcoin News

Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas

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Publisher says it’s trying to scrub all traces of ‘Mashinsky Method’ book

February 10, 2023 wp-bot Cointelegraph

A slated financial literacy book by Alex Mashinsky has already been canceled but the book’s publisher is still trying to wipe all traces of it

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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors

February 9, 2023 wp-bot Cointelegraph

“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said

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