FTX Collapse
FTX Transferred $7.7B From Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues.
Judge Denies Appointment of Independent Examiner in FTX Bankruptcy
Delaware bankruptcy court judge sided with the bankrupt crypto exchange and said there is no need to appoint an examiner to conduct "yet another costly investigation that would slow the progress" of the case.
FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times
The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account.
Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan
The exchange is expected to resume trading next week, a source said.
Sam Bankman-Fried, Caroline Ellison, Other Company Insiders Subpoenaed by FTX for Documents
The subpoenas come after a U.S. judge overseeing bankruptcy proceedings gave a green light to FTX's Official Committee of Unsecured Creditors and its leadership to serve the insiders.
CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial
The request to stay the SEC’s civil case against Bankman-Fried is still pending.
How to Avoid the Death of DeFi in the Wake of FTX
The crypto exchange’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee.
Sam Bankman-Fried’s Lawyers Propose Installing Monitoring Software on His Phone
At a hearing in New York on Thursday, Judge Lewis Kaplan indicated that he was concerned about Bankman-Fried’s ability to hide or delete his communications.
Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang
The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies.
FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'
FTX's new leadership asked for the subpoenas last month.
