Bankruptcy
New FTX CEO Charged Crypto Exchange $690K Last Year: Hearing
John J. Ray III replaced former CEO Sam Bankman-Fried at the bankrupt crypto exchange.
FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership.
Sam Bankman-Fried's Emergent Fidelity Technologies Files for Bankruptcy
Emergent is owner of 56 million shares of online brokerage Robinhood.
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing
Plans for FTX and creditors to demand information on dealings would duplicate the work of the independent examiner who has yet to be appointed, the U.S. trustee said.
FTX Held Roughly $1.4B in Cash at End of 2022
Bankrupt cryptocurrency exchange FTX had around $1.4 billion in cash as of the end of 2022, according to an interim financial update filed on Wednesday. Hodder Law Firm Founder and Managing Partner Sasha Hodder discusses the latest update from FTX's bankruptcy and the implications for creditors.
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
Investment firm Cherokee Acquisition is offering the options, which will allow account holders to recover 100% of their assets in the event the major exchanges file for bankruptcy and lock customer assets.
Sam Bankman-Fried Banned From Contacting FTX Employees By Judge
A New York judge has prohibited Sam Bankman-Fried from attempting to contact any former or current employees of Alameda Research or FTX. Bankman-Fried has also been prohibited from using Signal or other ephemeral messaging applications. "The Hash" panel discusses the latest developments in FTX's bankruptcy process.
Luxor Starts First-of-Its-Kind Bitcoin Mining Rig Marketplace for Large-Scale Orders
The market for mining machines is increasingly flooded with inventory from struggling companies.
Bankrupt Crypto Lending Platform Celsius Names Users Eligible to Withdraw Assets
Users named on the list can withdraw 94% of their assets if they can cover the withdrawal fees.
