Bankruptcy
Crypto Exchange FTX Could Reopen, Its Attorney Says; Firm’s FTT Token Surges
FTT's price more than doubled.

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules
The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.

Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus
Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.

Bankruptcy Claims Exchange OPNX Stumbles Out of the Gate
Less than two dollars worth of trades have been executed in the 24 hours after the exchange went live.

FTX EU Starts Process of Allowing Customers to Withdraw Funds
FTX EU has begun the process of allowing customers to withdraw funds locked up since parent FTX filed for bankruptcy protection last November. This comes as some clients are hoping for a reboot of the failed crypto exchange. FTX creditor Sunil Kavuri shares his reaction.

Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say
Voyager Digital's creditors stand to lose $100 million if delays caused by government objections to Binance.US' deal to buy Voyager drag on.

U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
District Judge Jennifer Rearden has put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay

FTX EU Sets Up Website to Repay Users
The European arm had been in operation for only about eight months prior to the collapse of parent FTX.

Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks
The U.S. bankruptcy court also ruled the crypto hedge fund's liquidators' service of a subpoena to Davies via Twitter complied with due process.

British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
The Three Arrows Capital founders will be found in contempt of court if they fail to reply to the order.

