Bankruptcy
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world's largest crypto mining machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.
Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients
The firm receives conditional approval for its restructuring plan from a U.S. bankruptcy court.
DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon
Digital Currency Group comments on the restructuring in an investor letter.
FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears
FTX users have until Sept. 29 to file their bankruptcy claims.
FTX Seeks to Recover $71M From Its Philanthropic and Life Science Arms
The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows.
Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.
BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say
The crypto lender saw “the exact same balance sheet” later exposed by CoinDesk, but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.
FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX
Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.
Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
That includes customer recoveries, the company said Thursday.
