Bankruptcy
FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months.
FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren't Property of FTX Estate
The ad-hoc committee of FTX.com’s non-U.S. customers so far has 18 members with a collective $1.94 billion locked on the platform.
Top 5 Crypto Stories That Defined a Hectic 2022
2022 has been unlike any other year in crypto history. From the rapid demise of FTX, to the momentous Ethereum Merge, to the unraveling of TerraUSD, CoinDesk's Doreen Wang takes a look back at the most epic stories that defined this year.
Argo Blockchain Shares Jump; FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after Galaxy Digital agreed to buy its mining facility for $65 million and provided another $35 million loan. Plus, the latest on MicroStrategy's bitcoin bet. And, a group of FTX users are asking a U.S. court to make sure they are the first to get repaid in the crypto exchange's bankruptcy proceedings.
Usuarios de FTX piden prioridad de reembolso en procedimiento de quiebra
La demanda colectiva acusa a los directivos del exchange de criptomonedas en quiebra de malversar intencionalmente los fondos de clientes para financiar estrategias de riesgo y sus lujosos estilos de vida.
FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
The class-action lawsuit accuses the bankrupt crypto exchange's executives of intentionally misappropriating customer funds to fund risky strategies and their lavish lifestyles.
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital
Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
New Judge Assigned in Sam Bankman-Fried Case; DOJ Launches Criminal Probe Into $400M FTX Hack: Report
U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Meanwhile, Bloomberg reports the U.S. Department of Justice has launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.
Argo Blockchain Suspends Trading in US Shares for 24 Hours
The company said earlier this month it was close to restructuring without having to declare bankruptcy.
FTX Seeks US Bankruptcy Judge's Help in Fight Over Robinhood Shares
FTX is looking for help from a U.S. bankruptcy court judge amid a battle over ownership of about $450 million worth of stock in Robinhood Markets (HOOD), according to a filing Thursday. "The Hash" hosts discuss the ongoing legal developments and possible outcomes.
