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Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.

Bankruptcy

Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort

FTX revealed that Crypto.com had also filed claims of more than $18 million during this bankruptcy process.

1 year ago

Bankruptcy

Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud

FTX alleges Salame used misappropriated funds for lavish personal investments and political contributions.

1 year ago

Crypto

Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments

Speculation rises over Mt. Gox's asset transfers amid ongoing creditor repayments efforts.

1 year ago

Bankruptcy

FTX eyes $21 million asset recovery through settlements with bank and charity organization

These settlements represent crucial progress for FTX as it works to maximize creditor recovery through asset retrieval.

1 year ago

Legal

FTX CEO appeals for Nishad Singh’s freedom to aid recovery efforts

FTX CEO John J. Ray argued that Nishad Singh's freedom is key to retrieving assets crucial for creditors amid FTX's collapse.

1 year ago

Bankruptcy

FTX sues KuCoin to recover $50 million in withheld assets

FTX said ever efforts to recover the funds from KuCoin was futile.

1 year ago

Bankruptcy

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX and Bybit settlement resolves $327 million withdrawal dispute amid ongoing bankruptcy.

1 year ago

Legal

US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’

US prosecutors said Nishad Singh helped them to uncover FTX's hidden financial misconduct.

1 year ago

Bankruptcy

Mt. Gox extends creditor repayment deadline to 2025

Mt Gox's wallet still holds about $2.75 billion worth of Bitcoin that would be distributed to its creditors.

1 year ago

Bankruptcy

Caroline Ellison to surrender nearly all remaining assets to FTX

FTX said the settlement is beneficial and prevents the high cost of litigation.

1 year ago

Crypto

Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers

The repayments will be in cash, with interest, and should start within 60 days after the plan comes into effect.

1 year ago

Bankruptcy

FTX creditors misled as token value jumps 50% on repayment rumors

An FTX creditor said the firm's repayment plan would only return around 25% of the failed exchange users crypto assets.

1 year ago

Bankruptcy News

Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort

Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud

Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments

FTX eyes $21 million asset recovery through settlements with bank and charity organization

FTX CEO appeals for Nishad Singh’s freedom to aid recovery efforts

FTX sues KuCoin to recover $50 million in withheld assets

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’

Mt. Gox extends creditor repayment deadline to 2025

Caroline Ellison to surrender nearly all remaining assets to FTX

Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers

FTX creditors misled as token value jumps 50% on repayment rumors

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Bankruptcy News

Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort

Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud

Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments

FTX eyes $21 million asset recovery through settlements with bank and charity organization

FTX CEO appeals for Nishad Singh’s freedom to aid recovery efforts

FTX sues KuCoin to recover $50 million in withheld assets

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’

Mt. Gox extends creditor repayment deadline to 2025

Caroline Ellison to surrender nearly all remaining assets to FTX

Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers

FTX creditors misled as token value jumps 50% on repayment rumors

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