Bankruptcy
Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy
The state's financial regulator accused the U.S. firm of violating multiple state laws, and advised the company on how to explore settlement avenues, court filings show.
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers
Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'
The hedge fund that filed for bankruptcy last year has been roasted by victims and crypto-industry observers in the wake of its epic collapse, but one partner, Kyle Davies, says "karma" motivates the founders to give back.
Celsius Can Start Converting Altcoins to Bitcoin, Ether as of July 1, Judge Says
Celsius was granted permission on Friday to start liquidating its altcoins, as the bankrupt crypto lender prepares a distribution to creditors that will take place solely in the two most widely used cryptocurrencies, bitcoin (BTC) and ether (ETH). "The Hash" panel breaks down the latest developments in the bankruptcy case.
How Much Is Too Much to Spend on FTX's Bankruptcy?
Are Sam Bankman-Fried’s victims being ripped off a second time?
Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.
FTX Customers Have Until End-September to Submit Bankruptcy Claims
Former customers will receive an email containing a link to the Customer Claims Portal.
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
Commingling and misuse of customer funds occurred from the start at FTX, says current CEO John J. Ray III, and senior executives knew of the shortfall as early as August 2022.
