Insolvenz
Former FTX Exec Nishad Singh Met with Prosecutors: Report
Nishad Singh, FTX’s former director of engineering, is said to be engaging with the U.S. Attorney’s Office in the Southern District of New York, according to a Bloomberg report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this could mean for Sam Bankman-Fried's legal proceedings and what to expect from FTX's upcoming bankruptcy hearing.
Multiple Parties Interested in Buying FTX Units, Court Documents Show
Around 117 parties have expressed an interest in buying units of FTX, a legal filing posted Sunday said, as a deadline for initial bids approaches. "The Hash" panel discusses the potential sale of LedgerX, FTX Japan, FTX Europe and the stock-clearing platform Embed. Plus, what this means to the bankruptcy case.
SEC Reportedly Probing FTX Investors’ Due Diligence
The U.S. Securities and Exchange Commission (SEC) is examining whether investors in FTX correctly followed due diligence procedures, according to Reuters. "The Hash" hosts discuss the latest in crypto regulation and the potential impact on FTX's bankruptcy process.
Core Scientific To Shut Down Celsius Crypto Mining Equipment; Iran's Mining Outlook
Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies. Plus, courts in Iran have ordered the government to return thousands of seized crypto mining rigs, according to local media reports.
Top 5 Crypto Stories That Defined a Hectic 2022
2022 has been unlike any other year in crypto history. From the rapid demise of FTX, to the momentous Ethereum Merge, to the unraveling of TerraUSD, CoinDesk's Doreen Wang takes a look back at the most epic stories that defined this year.
Argo Blockchain Shares Jump; FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after Galaxy Digital agreed to buy its mining facility for $65 million and provided another $35 million loan. Plus, the latest on MicroStrategy's bitcoin bet. And, a group of FTX users are asking a U.S. court to make sure they are the first to get repaid in the crypto exchange's bankruptcy proceedings.
New Judge Assigned in Sam Bankman-Fried Case; DOJ Launches Criminal Probe Into $400M FTX Hack: Report
U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Meanwhile, Bloomberg reports the U.S. Department of Justice has launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.
FTX Seeks US Bankruptcy Judge's Help in Fight Over Robinhood Shares
FTX is looking for help from a U.S. bankruptcy court judge amid a battle over ownership of about $450 million worth of stock in Robinhood Markets (HOOD), according to a filing Thursday. "The Hash" hosts discuss the ongoing legal developments and possible outcomes.
Ellison, Wang Plead Guilty to DOJ 'Fraud' Charges
U.S. Attorney Damian Williams announced Wednesday former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to criminal charges tied to FTX's collapse. The SEC and CFTC also announced charges against the two, saying Ellison manipulated the price of FTT. "The Hash" panel discusses the latest in FTX's bankruptcy.
Sam Bankman-Fried Now in FBI Custody, Will Appear in Court 'as Soon as Possible'
FTX founder Sam Bankman-Fried is now in FBI custody facing both civil and criminal charges. Meanwhile, the SEC has charged former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang with defrauding FTX customers. Barhoma Law founder Matthew Barhoma discusses the latest legal considerations of FTX's bankruptcy and the potential road ahead.
