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Tag: Bankruptcy

FTX profited from Sam Bankman-Fried’s inflated coins: Report

January 18, 2023 wp-bot Cointelegraph

Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.

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Genesis is planning to file for bankruptcy: Report

January 18, 2023 wp-bot Cointelegraph

Another one bites the dust? A report suggested the initial bankruptcy filing from Genesis could come before February.

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Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense

January 18, 2023 wp-bot Bitcoin News

Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter

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FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate

January 18, 2023 wp-bot Bitcoin News

On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of

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FTX: It took ‘Herculean investigative effort’ to identify $5.5B in liquid assets

January 17, 2023 wp-bot Cointelegraph

Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11

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Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

January 16, 2023 wp-bot Bitcoin News

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start

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Blockchain
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