bankruptcy

House Financial Services Committee Holds Hearing On FTX Collapse
Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and sui token warrants) for $96 million through bankruptcy court.
House Financial Services Committee Holds Hearing On FTX Collapse

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded
Woefully high latency, bugs in the API traders use to interface with FTX and coding mishaps plagued the exchange, according to several former clients who spoke to CoinDesk.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

House Financial Services Committee Holds Hearing On FTX Collapse
FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital
Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475 million in 2022. The recovery includes $404 million in cash.
House Financial Services Committee Holds Hearing On FTX Collapse

Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)
SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert
The former Silicon Valley Bank holding company needs access to the bank's FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.
Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, FTX's new management says.
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

After Silicon Valley Bank's Failure, Regional Banks Face Greater Scrutiny (Spencer Platt/Getty Images)
Signature Bank Noncrypto-Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC
The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., from Monday. The FDIC will provide digital-banking business deposits directly to those customers.
After Silicon Valley Bank's Failure, Regional Banks Face Greater Scrutiny (Spencer Platt/Getty Images)

FTX founder Sam Bankman-Fried
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
FTX founder Sam Bankman-Fried

bankruptcy
Silicon Valley Bank's Former Parent Company Files for Bankruptcy
The bank had some crypto customers, including Circle Internet Financial and Ripple.
bankruptcy

Lion Nebula (Sh2-132) SHO Palette Narrow Band
Genesis Requests Timetable for Sale, Creditor Claims
The company wants to sell off its business after filing for bankruptcy on Jan. 19.
Lion Nebula (Sh2-132) SHO Palette Narrow Band