FTX Recovery Trust sues Genesis Digital to recover $1.15B in allegedly fraudulent transfers
The trust claimed that Bankman-Fried fraudulently transferred funds through commingled and misappropriated assets from the FTX business.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Growing group of Chinese creditors are confronting FTX in US court over withheld distributions.
Singapore court grants WazirX breathing space to pursue restructuring amid $234 million hack aftermath.
FTX lawyers argued that 3AC's claim is "unreasonable" and an unfounded attempt to offset its own failed risk management.
Customer relief prioritized as Mashinsky exits Celsius bankruptcy claim in wake of fraud conviction.
Payoneer's addition offers limited relief as key FTX creditor markets remain marginalized in payouts.
Coinbase report highlights FTX's stablecoin repayment as a catalyst for potential market liquidity and institutional reinvestment.