Exchanges
Investment firm involved in Celsius acquisition reportedly eyeing FTX
Proof Group is part of the Fahrenheit consortium that acquired the collapsed crypto lender, Celsius Network.
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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Bankrupt FTX wants to liquidate $744 million in assets from Grayscale and Bitwise
The exchange explained that the sales were necessary to mitigate against price swings.
Bankruptcy
FTX bankruptcy advisors share customer data with FBI
The bankruptcy advisors have provided specific customer transactions, account investigations, and data from cloud computing to the authorities under subpoena.
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Bankruptcy
Bankrupt FTX moves $156M worth of assets including Ethereum and Solana
FTX creditor's claim has risen to more than 50 cents on the dollar after Google committed $2 billion to Anthropic.
Bankruptcy
Genesis moves for early bankruptcy payouts as NYAG suit applies pressure
Genesis, Digital Currency Group, and Gemini are tangled in complex legal disputes as the NYAG looms over bankruptcy processes.
Bankruptcy
Bankrupt FTX shifts $10M in assets to Coinbase and Binance
The bankrupt exchange is reportedly eyeing a relaunch of its trading operations.
Bankruptcy
Genesis bankruptcy plan revised for orderly wind down and asset liquidation
The amended plan categorizes creditor claims against Genesis Global Holdco into 10 classes, with 4 classes of crypto-denominated unsecured claims divided by currency.
Bankruptcy
BlockFi emerges from bankruptcy; will pay loan and interest users in early 2024
BlockFi initially halted withdrawals and filed for bankruptcy in November 2022.
Bankruptcy
FTX eyes return of $9 billion in customer funds through settlement proposal
FTX customers who held over $250,000 from the platform nine days before it went bankrupt might be asked to relinquish 15% of their withdrawals.
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FTX liquidators stake $150M in Ethereum and Solana tokens during weekend
Legal
Second week of SBF’s trial was a torrent of damning evidence, testimony for the former billionaire
Bankruptcy
FTX to receive $175M withdrawing up to $1B in other claims against Genesis
Bankruptcy
