Search Results for: Chapter 11

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

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Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities…

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

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marca 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in…

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

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Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 milijarde,…

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

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Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

Poročila kažejo, da Caroline Ellison sodeluje z zveznimi federalci in cinka soustanovitelja FTX Bankman-Frieda

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Po aretaciji nekdanjega šefa FTX Sama Bankman-Frieda (SBF), gledalci se še naprej sprašujejo, kje je nekdanja izvršna direktorica Alameda Research Caroline Ellison, in ali je vklopila SBF ali ne. Nekaj ​​poročil kaže, da Ellison "verjetno sodeluje s federalci" in…

Bahamski vladni uradniki so domnevno prosili SBF, naj kuje milijone dolarjev v novih žetonih sredi zloma FTX

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V ponedeljek, sodni dokumenti odvetnikov, ki sodelujejo pri poglavju FTX Trading LTD 11 primeru stečaja trdijo, da je vlada Bahamov pozvala osramočenega soustanovitelja FTX Sama Bankman-Frieda (SBF) kovati nove kriptožetone. Odvetniki so pojasnili, da je…

New York Times, FT, Bloomberg obsojen zaradi poskusa razkritja imen upnikov FTX

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Sredi tekočega stečajnega postopka FTX, sodni dokumenti kažejo, da medijska podjetja, kot je Bloomberg, New York Times (ZDAJ), Dow Jones & Podjetje, in Financial Times (FT) želijo redigirane informacije, povezane z upniki FTX, odpečatene. Medijska podjetja…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

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Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. ZDA. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported…

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown

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Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched…