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Bankruptcy

Digital Currency Group CEO Barry Silbert (DCG)

Markets

Dcg

DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon

Digital Currency Group comments on the restructuring in an investor letter.

By Nick Baker

Jul 31, 2023 at 5:27 p.m. UTC

Jul 31, 2023

DCGGenesisBankruptcy

FTX users prompted to reset password (FTX)

Finance

Ftx

FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears

FTX users have until Sept. 29 to file their bankruptcy claims.

By Oliver Knight

Jul 20, 2023 at 2:45 p.m. UTC

Jul 20, 2023

FTXOn-chain DataBankruptcytop news

FTX, Alameda want to recover $71 million from the defunct exchange's philanthropic arm (Pixabay)

Policy

Ftx

FTX Seeks to Recover $71M From Its Philanthropic and Life Science Arms

The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows.

By Elizabeth Napolitano

Jul 20, 2023 at 7:04 a.m. UTC

Jul 20, 2023

FTXAlamedaBankruptcy

Crypto lender Celsius is undergoing bankruptcy proceedings (Pixabay)

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Regulations

Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.

By Jack Schickler

Jul 18, 2023 at 3:21 p.m. UTC

Jul 18, 2023

regulationsCelsiusBankruptcy

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Policy

Regulations

BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw “the exact same balance sheet” later exposed by CoinDesk, but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.

By Jack Schickler

Jul 17, 2023 at 4:08 p.m. UTC

Jul 17, 2023

regulationsBlockFiBankruptcyFTX

Markets

Celsius

Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH

A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.

By Krisztian Sandor

Jul 17, 2023 at 3:10 p.m. UTC

Jul 17, 2023

CelsiusFalconXAltcoinsBNBLinkSynthetix1inchBankruptcy

Kyle Davies, Su Zhu, Mark Lamb (Kyle Davies/Twitter)

Finance

Opnx

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

Users will be able to convert their FTX or Celsius claims into the platform's reborn OX (reOX) or oUSD tokens.

By Oliver Knight

Jul 14, 2023 at 12:00 p.m. UTC

Jul 14, 2023

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Policy

Celsius

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

That includes customer recoveries, the company said Thursday.

By Nick Baker

Jul 13, 2023 at 9:40 p.m. UTC

Jul 13, 2023

CelsiusBankruptcy

NEW YORK, NEW YORK - DECEMBER 22: FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. Bankman-Fried, who was indicted on December 9th and arrested 3 days later by Bahamas law enforcement at the request of U.S. prosecutors, consented to extradition to the U.S. where he is facing eight criminal counts of fraud, conspiracy and money-laundering offenses which includes making illegal political contributions. He is potentially facing life in prison if convicted. He was released on $250 million bond with the bail package requiring him to stay with his parents in California. (Photo by Michael M. Santiago/Getty Images)

Policy

Regulations

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.

By Amitoj Singh

Jul 13, 2023 at 5:57 a.m. UTC

Jul 13, 2023

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