Legal
Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program
Winklevoss says that DCG's denials are in fact a "direct admission" of involvement.
Mike Dalton 3 min read
Bankruptcy News
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OPNX submits bid to takeover troubled Singapore-based crypto lender Hodlnaut
OPNX, whose founders include Kyle Davies and Su Zhu, the co-founders of bankrupt 3AC, wants to provide $30 million in FLEX tokens to Hodlnaut.
Bankruptcy
Bankrupt FTX seeks court approval to liquidate solvent Dubai subsidiary
FTX Dubai holds approximately $4.5 million in several accounts, according to court filings.
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BlockFi conditionally approved $1B recovery plan sets stage for repayment, larger recoveries
BlockFi's plan would help the bankrupt firm resolve all its cases and also allow it to refund clients.
Bankruptcy
Voyager may have suffered hack, data leak during reopened withdrawal period
One lawyer said that Voyager was exploited when its reopened withdrawals for 30 days.
Bankruptcy
FTT holders left hanging in proposed FTX restart plan
FTX's unsecured creditors have opposed the restart plans because it ignores their recommendations
Bankruptcy
Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm
DCG also reported that the company has appointed Mark Shifke as its new chief financial officer (CFO).
Bankruptcy
Bankrupt crypto giants FTX and Genesis reach agreement to resolve billion-dollar claims
The two bankrupt firms note that the agreement was still subject to a court approval.
Bankruptcy
Celsius reaches settlement that will enable users to receive assets by year-end
Celsius' settlements, which require court approval, resolve 30,000 customer claims seeking $78 billion in compensation.
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Legal
FTX planned to buy island of Nauru and build bunker in case of mass human extinction
Bankruptcy
DOJ accuses SBF of leaking Caroline Ellison’s private diary to taint trial; FTX sues former executives for $1B
Bankruptcy
Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
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