Bankruptcy
FTX cold wallet moved almost $10M in altcoins to Ethereum since Aug. 31
The altcoins include notable tokens like LINK, SUSHI, LUNA, and YFI.
Assad Jafri 2 min read 
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Assad Jafri 2 min read 
Bankruptcy
Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’
Another creditor group claims Genesis is buying FTX's support through the settlement.
Bankruptcy
US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
The data center operator said it could manage up to 310,000 Bitcoin miners from Celsius and other clients.
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Bankrupt BlockFi proposes client asset conversion into stablecoins for trade-only wallets
Trade-only withdrawal worries overcome as BlockFi seeks to convert assets to stablecoins in bankruptcy proceedings.
Bankruptcy
Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds
Genesis bankruptcy reorganization plan agrees to $1.4B DCG finance for creditor recovery.
Bankruptcy
Cybersecurity breach at Kroll leaks FTX, BlockFi bankruptcy claimants’ data
FTX warned its community to be wary of bad actors who might try to capitalize on the incident.
Bankruptcy
Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss
The company revealed the numbers in a new bankruptcy filing.
Bankruptcy
FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC
Proposed engagement with Galaxy bolsters FTX's restructuring endeavors by monetizing crypto assets.
Legal
Celsius set to vote on asset sale plan after court approves disclosures
Creditors will receive voting ballots starting Aug. 24, with the final voting date set for Sept. 22 — giving them a little under one month to cast a vote in favor or against the plan.
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Federal Reserve shuts down Farmington Bank over unapproved stablecoin project
Bankruptcy
Alameda Research, Genesis Global resolve $3.88B claim dispute with $175M agreement
Bankruptcy
Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy
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