Bankruptcy
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.
FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Is Delayed
A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal
Federal regulators previously objected to the proposed sale.
FTX Bankruptcy Estate Consolidates Arbitrum Airdrop Tokens Into Single Wallet
The estate now holds 33,125 ARB tokens worth around $42,000.
Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets
Lawyers want the court to ring-fence FTX assets frozen in the accounts of non-U.S. customers.
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
The approval came from the U.S. Bankruptcy Court in New Jersey, which is overseeing BlockFi's case.
A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange
Kyle Davies, who created OPNX with 3AC partner Su Zhu, spoke to CoinDesk about their new venture, created in the wake of losing hedge fund customers $2.5 billion.
Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and sui token warrants) for $96 million through bankruptcy court.
Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded
Woefully high latency, bugs in the API traders use to interface with FTX and coding mishaps plagued the exchange, according to several former clients who spoke to CoinDesk.
