Bankruptcy
BlockFi Administrator Submits Plan in Court to Make Customers Whole
The plan administrator revealed that a significant transaction had been closed which would enable a near-term final distribution of 100% for all eligible claims.
BlockFi to Start Interim Crypto Distributions Through Coinbase This Month
BlockFi was the first victims of the contagion caused by crypto exchange FTX’s collapse in early November 2022 and filed for bankruptcy on Nov. 28, 2022.
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
The new reorganization plan must first be approved by a Delaware bankruptcy court.
Former Cred Executives Indicted on Wire Fraud, Other Charges
The defunct crypto lender filed for bankruptcy in 2020.
FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
The value of FTX's FTT token surged 10% on the news.
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
Ray said Bankman-Fried’s victims “will never be returned to the same economic position they would have been in today absent his colossal fraud.”
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'
Davies also said he wouldn't return to Singapore "immediately" in order to effectively avoid jail and wait for some sort of settlement.
FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'
The London-based firm says the creditor promised to fork over two FTX accounts, only to back out of the deal after the value of its claims skyrocketed.
