bankruptcy
Celsius’ unconventional plan of shifting into a publicly-traded bitcoin mining shop is one step closer to becoming a reality
In billing records filed back in September, the Philadelphia FBI sent over a Grand Jury subpoena looking to “investigate activity related to specific individuals”
A US trustee says the disclosure fails to include information about creditor distributions
A US court has agreed to wrap up Bittrex’s bankruptcy plans several months after the exchange made the decision to wind down operations in the States
3AC was the largest investor in WOO’s $30 million Series A round in late 2021, securing equity and 25 million WOO tokens
More information on the change is expected to come to light in “due time,” Arrington said Sunday
Roughly $2 billion of bitcoin and ether would be distributed to creditors as part of the plan
Bankrupt exchange likely to take a “renewed look” at its Anthropic stake and could wait to sell it, lawyer says
Joseph Bankman and Barbara Fried are accused of turning a blind eye to problems at FTX while enriching themselves and family members
Gemini believes that Gemini lenders will not “receive anything close in real value” under current terms
This comes as a result of a monthslong bankruptcy battle between Core Scientific and Celsius
FTX can start selling digital assets after filing to hire Galaxy to manage its crypto last month
While the names of the bidders were not included in Monday’s filing, the move signifies attempts being made to invoke the exchange’s heyday
Armchair analysts have long criticized FTX for inefficiently managing the company’s remaining assets
Genesis previously initiated a 30-day mediation process in May following concerns parent company DCG could risk defaulting on $630 million in debt obligations
The company allegedly invested $6 million of customer funds in Terra prior to the collapse
BlockFi is fighting tooth and nail to retain billions of dollars from FTX and Three Arrows Capital over allegations of fraud
The company had previously faced concerns from Nevada’s state regulator over its ability to honor withdrawal requests
The Auckland-based exchange first launched in 2017, during the height of the speculative ICO bubble
Adam Sullivan started mining bitcoin on the side in 2016 — now’s he’s the CEO of one of the biggest bitcoin mining companies in the world
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