Bankruptcy

(CraigRJD)
FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.
(CraigRJD)

Close up of former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart
Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.
Close up of former FTX CEO Sam Bankman-Fried

Close up of former FTX CEO Sam Bankman-Fried
FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire
Lawyers for non-U.S. creditors of FTX are arguing that they've got a great deal in the exchange's bankruptcy, giving those who had funds in FTX.com 90% of the liquidation.
Close up of former FTX CEO Sam Bankman-Fried

BlockFi and Three Arrows Capital are heading toward mediation over a $284 million dispute, according to a bankruptcy judge's order. (CoinDesk archives)
BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation
A bankruptcy judge rebuffed Three Arrows Capital’s request to lift a stay on its claim against BlockFi, setting a January mediation he hopes negates the need for a February he...
BlockFi and Three Arrows Capital are heading toward mediation over a $284 million dispute, according to a bankruptcy judge's order. (CoinDesk archives)

Jump Crypto President Kanav Kariya (Danny Nelson/CoinDesk)
Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’
This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.
Jump Crypto President Kanav Kariya (Danny Nelson/CoinDesk)

BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)
BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy
The beleaguered lender’s restructuring plan may soon be finalized, pending a bankruptcy judge’s approval, BlockFi said in a notice to creditors.
BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)

FTX founder Sam Bankman-Fried (FTX, modified by CoinDesk)
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
FTX founder Sam Bankman-Fried (FTX, modified by CoinDesk)

Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Most of the classes in the bankruptcy claim voted by more than 98% in favor of the reorganization.
Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

(Christine Roy/Unsplash)
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
In the run-up to FTX's bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals that constitute preferential transfers, the filing...
(Christine Roy/Unsplash)