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Insightful analysis on crypto firms and assets facing financial distress or insolvency.

Three Arrows Capital wins court approval to expand FTX claim to $1.53B

Three Arrows Capital wins court approval to expand FTX claim to $1.53B

Bankruptcy 2 days ago

Judge Dorsey ruled against FTX because transparency issues hindered 3AC’s ability to calculate its losses swiftly.

Kraken to start second phase of FTX creditor repayments in May

Kraken to start second phase of FTX creditor repayments in May

Bankruptcy 1 week ago

US court delays Do Kwon hearing as prosecutors unveil 4 terabytes of evidence

US court delays Do Kwon hearing as prosecutors unveil 4 terabytes of evidence

Legal 2 weeks ago

FTX creditors in Nigeria, Russia, China, Ukraine and others excluded from reimbursements

FTX creditors in Nigeria, Russia, China, Ukraine and others excluded from reimbursements

Bankruptcy 3 weeks ago

Sam Bankman-Fried seeks clemency, empathizes with President Donald Trump over legal convictions

Sam Bankman-Fried seeks clemency, empathizes with President Donald Trump over legal convictions

People 3 weeks ago

FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken

FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken

Bankruptcy 4 weeks ago

Phishing attempt strikes FTX creditors on the brink of repayments

Phishing attempt strikes FTX creditors on the brink of repayments

Bankruptcy 4 weeks ago

Former Celsius CEO seeks delay in sentencing amid complex legal battle

Former Celsius CEO seeks delay in sentencing amid complex legal battle

Legal 1 month ago

WazirX creditors to decide on recovery plan or risk lengthy liquidation

WazirX creditors to decide on recovery plan or risk lengthy liquidation

Exchanges 1 month ago

FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending

FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending

Bankruptcy 1 month ago

Singapore court backs WazirX plan for post-hack revival

Singapore court backs WazirX plan for post-hack revival

Exchanges 2 months ago

FTX and Backpack dispute sale of European arm to former insiders’ crypto platform

FTX and Backpack dispute sale of European arm to former insiders’ crypto platform

Bankruptcy 2 months ago

FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action

FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action

Bankruptcy 2 months ago

Former FTX execs buy FTX EU to expand Backpack Exchange in Europe

Former FTX execs buy FTX EU to expand Backpack Exchange in Europe

Exchanges 2 months ago

Crypto influencers spark false hope on FTX payouts, actual plan set for March 2025

Crypto influencers spark false hope on FTX payouts, actual plan set for March 2025

Bankruptcy 3 months ago

FTX to begin initial distributions by March with Kraken and BitGo as partners

FTX to begin initial distributions by March with Kraken and BitGo as partners

Bankruptcy 3 months ago

FTX recovers $14.5 million through political donation settlements

FTX recovers $14.5 million through political donation settlements

Bankruptcy 3 months ago

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Bankruptcy 4 months ago

FTX on track to rollout repayment plan in January 2025

FTX on track to rollout repayment plan in January 2025

Bankruptcy 4 months ago

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