Browsing: Bankruptcy
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins
The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the…
A U.S. judge approved FTX’s plan to poll creditors on its Chapter 11 repayment. FTX users will soon have the…
The decentralized organization was first impacted by the collapse of the Terra Luna ecosystem in 2022 and suffered $16.4 million…
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…
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.” Source link
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance. Source link
Image: GainaxIt’s not every day that you wake up to find a company with a legacy like anime studio Gainax…
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.…
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…