Bankruptcy
Wrapped Bitcoin Trades at Discount After FTX's Collapse
Wrapped bitcoin (WBTC), a clone of bitcoin (BTC), has traded at a discount to BTC's price since crypto exchange FTX filed for bankruptcy protection on Nov. 11. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Crypto Industry Outlook as BlockFi Files For Bankruptcy
Bernstein Managing Director of Global Digital Assets Gautam Chhugani discusses his outlook for the crypto sector as BlockFi files for bankruptcy in the wake of FTX's collapse. Plus, the Grayscale Bitcoin Trust (GBTC) is drawing market attention after sister company Genesis Global Capital said its lending unit would halt customer withdrawals. Grayscale Investments, which manages GBTC, Genesis and CoinDesk are owned by Digital Currency Group.
BlockFi Bankruptcy: Will Customers Get Anything Back?
Crypto lender BlockFi filed for chapter 11 bankruptcy protection, citing the fallout of crypto exchange FTX. Hodder Law Firm Managing Partner Sasha Hodder discusses her legal analysis of the legal proceedings and what it could mean for creditors, customers, and future regulation of the digital asset space.
Crypto Lender BlockFi Files for Bankruptcy
BlockFi filed for bankruptcy protection Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX's bankruptcy. "The Hash" panel discusses the latest casualty rocking the industry after the crypto lender suspended withdrawals just a few weeks ago, due to the ongoing confusion about FTX's assets.
FTX Bahamas Liquidators Greenlight Bankruptcy Case Transfer to Delaware
Court-appointed liquidators overseeing collapsed crypto exchange FTX's assets in the Bahamas have agreed to transfer a related case they'd filed in New York to Delaware, where the company had already filed for bankruptcy protection. Wilk Auslander LLP Partner Eric Snyder discusses the significance and the legal considerations of FTX's fallout.
FTX Creditors' Information Can Be Redacted, for Now
Delaware District Court Judge John Dorsey approved a motion on an interim basis allowing crypto exchange FTX to redact information including names and addresses on its creditor matrix during a hearing Tuesday. Wilk Auslander LLP Partner Eric Snyder discusses the latest in FTX's bankruptcy.
CoinFund President on FTX Contagion Concerns, Bailout Speculation
"We're not expecting any bailouts here," CoinFund President Chris Perkins says on the continued contagion spreading throughout the crypto industry this year. Perkins, who was on the floor when Lehman Brothers went bankrupt, shares his perspective on the reported bankruptcy jitters regarding Genesis Global Trading, CoinDesk's sister company.
FTX Bankruptcy Jurisdiction Fight?
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. "The Hash" panel discusses the latest developments in FTX's bankruptcy.
Legal Expert on Next Steps in FTX Bankruptcy Process
Ropes & Gray Business Restructuring Group Counsel Daniel Gwen discusses what customers should expect during FTX's bankruptcy process.
