Bankruptcy
SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions
The regulator seeks the return of $81 million from Terraform Labs' legal payments.
Oluwapelumi Adejumo 2 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
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Crypto
Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent
The settlement is still pending finalization and approval from the Bankruptcy Court.
Bankruptcy
Bankrupt FTX and Alameda move over $8 million in assets amid market surge
FTX has been actively divesting various assets as part of its bankruptcy process.
Latest Bankruptcy News & Analysis
Bankruptcy
FTX secures court approval to sell 8% Anthropic stake
The sale is expected to add over $1 billion to assets earmarked for repaying creditors.
Bankruptcy
Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX exposure – reports
Tyr Capital was accused of of failing to adhere to its risk mitigation measures in the wake of the FTX collapse.
Bankruptcy
Alameda Research’s Worldcoin holdings jump $50 million as WLD hits new peak
Worldcoin's WLD token rose by more than 190% during the past week.
Bankruptcy
Genesis secures court approval to sell GBTC shares worth $1.3 billion
The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.
Bankruptcy
SafeMoon SFM token drops 6% following $11 million liquidity drain
Observers have questioned the potential connections between the transactions and SafeMoon's ongoing bankruptcy proceedings.
Bankruptcy
Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares
DCG, the parent company of the bankrupt lender, contended that Genesis's motives for selling the assets lacked merit.
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Regulation
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
Bankruptcy
Former SEC chief criticizes NBA handling of controversial crypto partnerships
Regulation
Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing
Bankruptcy
