Bankruptcy

Sam Bankman-Fried to Be Extradited to the US
FTX founder Sam Bankman-Fried's request to be extradited to the U.S. was eventually granted during the most recent hearing on Wednesday. He could arrive as early as Wednesday afternoon, where he would be arraigned in New York's Federal District Court in Manhattan. CoinDesk Regulatory Reporter Cheyenne Ligon discusses the latest developments in FTX's bankruptcy.

Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy
Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt. "The Hash" panel discusses the latest fallout of crypto winter.

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders
The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.

EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers
More than 100 BTC moved out of Quadriga-linked wallets over the weekend.

FTX to Seek Retrieving Voluntary Payments From Third Parties
FTX will attempt to recoup voluntary payments made to third parties prior to its collapse, possibly including founder Sam Bankman-Fried's political donations, and pursuing them in court if necessary. Meanwhile, FTX's new management told a procedural hearing Tuesday it had over $1 billion in assets identified. Murphy & McGonigle founder James Murphy discusses the latest in FTX's bankruptcy and what this means for the crypto markets.

BlockFi Asks US Court to Greenlight Some Customer Withdrawals
Bankrupt crypto lender BlockFi has asked a U.S. court to allow certain customer withdrawals that are locked up on the platform, court filings show. "The Hash" panel discusses the latest developments in BlockFi's bankruptcy.

Coinbase CEO Outlines His 'Realistic Blueprint' for Centralized Actors
Coinbase CEO Brian Armstrong shares his plan for a "realistic blueprint" that regulates centralized actors, while preserving decentralized innovation. "The Hash" team discusses the future of regulation for centralized exchanges in the wake of FTX filing for bankruptcy.

FTX Has Over $1B in Cash, Creditor Meeting Told
Unwinding the collapsed crypto company has been made more difficult by poor record-keeping.

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms
Under the deal for restructuring $74.7 million worth of debt, Greenidge will host NYDIG's new machines.

Bankrupt Crypto Lender BlockFi Looks to Restart Certain Customer Withdrawals
The company is seeking a U.S. court order to let customers withdraw digital assets locked up in wallets on the platform.

