BankruptcyFTX discount sale of $1.9 billion locked Solana faces creditor furyThe SOL will be locked for four years and cannot be sold. 2 years ago
LegalSEC begins multi-billion dollar fraud trial against Terraform Labs, Do KwonThe SEC accuses Terraform Labs and Kwon of conducting a multi-billion dollar crypto asset securities fraud. 2 years ago
BankruptcyAnthropic founders block Saudi Arabia from buying FTX-owned stakeFTX is selling the stake as part of its bankruptcy proceedings to repay its creditors, who lost billions due to its collapse. 2 years ago
BankruptcyJohn Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claimsJohn Ray III reveals FTX had only 105 BTC left against 100,000 customer entitlements at the time of bankruptcy. 2 years ago
BankruptcyCelsius looks to recover $2 billion withdrawn by 2% of accounts during its collapseThe initiative is part of its reorganization plan and targets individual accounts that withdrew more than $100,000 before its collapse. 2 years ago
LegalMontenegro court rejects Do Kwon’s appeal, clears way for extradition to South KoreaThe Montenegro Court said its decision was final and could not be appealed by any party. 2 years ago
BankruptcyGenesis and Gemini’s Earn program closure leads to $2 billion settlement offer for affected usersGenesis asked a bankruptcy court to approve a settlement in principle, while Gemini submitted a statement in support of the plan. 2 years ago
BankruptcyBankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violationsGemini crypto exchange already assured its Earn users that they would receive 100% of their digital assets back in kind. 2 years ago
LegalCourt approves Terraforms Labs’ request to hire Dentons despite regulatory concernsThe court ruled that Terraform's legal spending was a reasonable expenditure due to the SEC lawsuit. 2 years ago
TokensPantera eyes $250 million in discounted Solana tokens from FTX estatePantera aims to add $250 million worth of SOL to their portfolio from FTX. 2 years ago
FeaturedBlockFi hails ‘excellent outcome’ in $875 million settlement with FTXThe failed lender will recieve $250 million immediately after FTX's bankruptcy plan is confirmed and goes effective. 2 years ago
BankruptcySEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisionsThe regulator seeks the return of $81 million from Terraform Labs' legal payments. 2 years ago