Browsing: bankruptcy
Crypto Exchange FTX Victims View Bankruptcy Process as ‘Second Act of Theft,’ File to Recover $8B
FTX collapsed in November 2022. The lawyers said that the jury found SBF stole no less than $8 billion from…
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.…
The FTX estate has liquidated its remaining shares in Anthropic, the artificial intelligence (AI) company known for the Claude chatbot. …
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud. Source link
U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to…
Bitcoin price shows strength as investors expect the Fed to resume printing, but a handful of global macroeconomic headwinds are…
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority…