Bankruptcy

Bankruptcy

Videos

Top FTX Group Exec Tipped Off Bahamian Authorities About Possible Fraud

A top executive of the FTX group of companies told Bahamas police that funds were commingled between the crypto exchange and its sister trading firm Alameda Research as early as Nov. 9, court documents show. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments in FTX's bankruptcy.

Recent Videos

Finance

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy

Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Policy

FTX Bankruptcy Court Is Warned Against Granting Bahamas 'Dangerous' IT Access

Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are also attempting to wind up the crypto exchange.

FTX CEO John Ray III (Nathan Howard/Getty Images)

Policy

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine

Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager.

(RyersonClark/Getty Images)

Finance

Clientes internacionales de FTX que perdieron US$1600M contratan abogados para crear un comité de quiebra

Existe un “conflicto irreconciliable” entre los intereses de los clientes internacionales de FTX y aquellos que pertenecen a otros grupos de acreedores, según Sarah Paul, socia del bufete de abogados Eversheds Sutherland.

Sam Bankman-Fried exCEO de FTX. (Danny Nelson/CoinDesk)

Finance

$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland partner Sarah Paul.

Sam Bankman-Fried exCEO de FTX. (Danny Nelson/CoinDesk)

Opinion

Japan Was the Safest Place to Be an FTX Customer

As regulators look to regulate exchanges in light of the FTX's collapse, they would do well to look to Japan, which has some of the most mature rules in the world.

(Su San Lee/Unsplash)

Policy

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation

The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Videos

Blockchain Association Exec on FTX Fallout, Future of Crypto

Sam Bankman-Fried’s political donations worth at least $73 million could be clawed back to repay FTX creditors. Meanwhile, Bankman-Fried is expected to testify before Congress Tuesday. Blockchain Association Executive Director Kristin Smith discusses the latest developments in FTX's bankruptcy and where crypto regulation could be headed in 2023.

Recent Videos

Finance

Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy

The London-based company warned, however, there's no guarantee it will be able to do so.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)