
Latest from Nikhilesh De
BlockFi Joins the Bankruptcy Parade
The crypto lender’s financial woes are well known. Now we have a better sense of the severity.

BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms
Kirkland & Ellis Partner Joshua Sussberg announced the figure during BlockFi’s first bankruptcy hearing.

El prestamista de criptomonedas BlockFi se declara en quiebra tras la caída de FTX
La compañía había recibido una línea de crédito por US$400 millones por parte de FTX a principios de este año.

BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.

Bahamas' Attorney General Defends Country's Regulatory Regime Amid FTX 'Debacle'
Ryan Pinder disputed the notion that FTX moved to the country because it didn't want to "submit to regulatory scrutiny."

Bankman-Fried se disculpa con los empleados de FTX y detalla el apalancamiento en una carta interna
El ex CEO de FTX no hizo referencia sobre la malversación de fondos de los clientes ni otras revelaciones de la empresa que se conocieron recientemente.

Abogados detallan el “abrupto y complicado” colapso de FTX durante la primera audiencia de quiebra
Los letrados dijeron que el ex CEO, Sam Bankman-Fried, administraba el exchange como si fuese su propio “territorio personal” y permitía que los directivos utilizaran fondos de los clientes para comprar propiedades de lujo.

'Personal Fiefdom': Some Takeaways From FTX's First Bankruptcy Hearing
FTX’s lawyers painted an alarming picture in the bankrupt crypto exchange’s first-day hearing.

Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.

Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.
