Troubled Crypto Exchange Zipmex Proposes to Pay Creditors 3.35 Cents on the Dollar: Bloomberg
Major creditors are opposed to the restructuring plan and have requested an independent review.
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Nov 29, 2023 at 10:02 a.m. UTC
Nov 29, 2023
Bankruptcy
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Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M
Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.
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Nov 22, 2023 at 7:34 a.m. UTC
Nov 22, 2023
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Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.
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Nov 21, 2023 at 7:55 a.m. UTC
Nov 21, 2023
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FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules
BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted pro...
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Nov 14, 2023 at 11:20 a.m. UTC
Nov 14, 2023
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FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'
The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.
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Nov 13, 2023 at 4:48 p.m. UTC
Nov 13, 2023
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.
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Nov 13, 2023 at 10:59 a.m. UTC
Nov 13, 2023
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We've Seen the FTX Collapse Before
There are overwhelming similarities between the FTX and MF Global bankruptcies — and one big difference.
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Nov 10, 2023 at 10:09 p.m. UTC
Nov 10, 2023
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Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.
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Nov 10, 2023 at 12:31 p.m. UTC
Nov 10, 2023
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FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say
Plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, which was part of the Fahrenheit consortium that succes...
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Nov 6, 2023 at 5:03 p.m. UTC
Nov 6, 2023
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FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.
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Nov 6, 2023 at 6:30 a.m. UTC
Nov 6, 2023