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Tag: Bankruptcy

DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North

November 23, 2022 wp-bot Bitcoin News

Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for

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‘Substantial amount’ of FTX’s assets stolen or missing — bankruptcy counsel

November 22, 2022 wp-bot Cointelegraph

“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,”

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Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils

November 22, 2022 wp-bot Bitcoin News

Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of

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SBF, FTX execs reportedly spend millions on properties in the Bahamas

November 22, 2022 wp-bot Cointelegraph

At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives.

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Genesis denies ‘imminent’ plans to file for bankruptcy

November 22, 2022 wp-bot Cointelegraph

The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing.

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On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

November 22, 2022 wp-bot Cointelegraph

Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.

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