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BANKRUPT CRYPTO
Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC saysFTX has said that its customers will receive 100% recovery on their claims against the company, based on the value of their accounts at the...
Bitcoin down 20% from post-ETF highsBitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange t...
Bankrupt crypto exchange FTX allowed to crypto holdings worth $3.4 bnThe US authorities charged him with wire fraud, conspiracy to commit money laundering and conspiracy to misuse customer funds. He is also f...
Bankrupt crypto exchange FTX picks Galaxy to manage its digital assetsFTX filed for bankruptcy in November 2022 in the wake of claims that the company misused and lost billions of dollars worth of customers' c...
FTX-tied Alameda gets $175 million claim on Genesis bankruptcy estateThe settlement marks a significant reduction from the nearly $3.9 billion claim that FTX, which is also bankrupt, had asserted earlier this...
Founder of bankrupt crypto lender Celsius must face NY fraud lawsuitJustice Margaret Chan said the attorney general sufficiently alleged that Mashinsky defrauded investors by touting Celsius as a safe altern...
Crypto lender Celsius picks Fahrenheit's bid for bankruptcy exitFahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team a...
NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auctionSotheby's auctioned seven non-fungible tokens (NFTs) from bankrupt crypto hedge fund Three Arrows Capital for approximately $2.5 million. "...
NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auctionAuction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for ab...
BlockFi gets court nod to return $297 million to wallet customersBlockFi was one of several crypto lenders to go bankrupt in 2022, and questions about the ownership of customer funds have also been raised...
FTX gets approval for $50-million LedgerX sale, asserts $3.9-billion Genesis claimAs part of that broader effort, FTX on Wednesday said it would seek repayment of nearly $4 billion from Genesis Global Capital (GGC), the b...
Bankrupt crypto firm FTX to sell LedgerX for $50 million"We are pleased to reach this agreement with MIH, which is an example of our continuing efforts to monetize assets to deliver recoveries to...
Crypto Price Today: Bitcoin marches towards $17K; Dogecoin continues to fallTop crypto tokens were trading mixed. Bitcoin moved towards $17,000 level. Ethereum regained the $1,200 mark and topped the gainers with a ...
Galaxy wins bid for collapsed crypto lender Celsius' GK8 unitThe purchase followed a sale process executed in connection with Celsius' Chapter 11 bankruptcy and is subject to court approvals and other...
Binance to relaunch bid to buy bankrupt Voyager Digital: reportBinance's U.S. unit is relaunching its bid to buy bankrupt crypto lender Voyager Digital, Coindesk reported. The report comes after Voyager...
Crypto Price Today Live: Bitcoin nears $17K; Uniswap, Solana & XRP gain up to 5%ALGO is up by over 12% in the last 24 hours due to increased interest from investors and the momentum is expected to sustain if overall mac...
Celsius CEO steps down amid bankruptcy proceedingsCelsius, based in Hoboken, New Jersey, filed for Chapter 11 bankruptcy on July 13, one month after freezing withdrawals and transfers for i...
Crypto broker Genesis taps insider as interim chief, cuts jobs by 20%Islim is replacing Michael Moro, who is stepping away from the CEO role effective Wednesday, the company said.
Ripple Labs 'interested' in bankrupt crypto lender Celsius' assets: spokesperson"We are interested in learning about Celsius and its assets, and whether any could be relevant to our business,” the spokesperson said, dec...