Legal
FTX sues ex-compliance officer Daniel Friedberg
Friedberg allegedly misused company funds, created corporate entities and false agreements to hide that abuse, and suppressed whistleblowers' complaints.
Mike Dalton 2 min read
Bankruptcy News
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Bankruptcy
FTX invites investors to register interest to restart rebranded exchange – report
FTX is holding early discussions with investors and considering different structures for relaunch, including a joint venture.
Bankruptcy
FTX pauses sale of stake in AI firm Anthropic, once purchased for $500M
The planned sale was expected to conclude with a nine-figure deal.
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Legal
Media giants appeal to overturn court decision to keep FTX user names redacted
Four media giants continue to fight to unseal the names of FTX's nearly 9 million users in accordance with typical disclosure requirements.
Legal
FTX files complaint to retrieve $700M from “super-networker” Bankman-Fried courted for connections
FTX described SBF as a "profligate patron" of high-profile networker Michael Kives and his co-founder Bryan Baum.
Bankruptcy
SEC allows BlockFi customers to be repaid before collection of $30.2M fine
The SEC agreed to defer its claim against BlockFi, which is owed as a penalty, to ensure investors are repaid in full without delay.
Regulation
Prime Trust cannot fulfill withdrawals, must stop accepting funds: Nevada C&D order
Regulators monitored the company's solvency prior to its failed acquisition by BitGo.
Stablecoins
Stably pauses withdrawals, minting after Prime Trust halts deposits
The temporary halt is due to Prime Trust's halting of fiat and crypto deposits.
Bankruptcy
Bitcoin miner Core Scientific files Chapter 11 ‘reorganization’ plan
The reorganization plan, if it is approved, will allow claims to be paid out.
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Partnerships
Crypto community voices skepticism over OPNX x 3AC Ventures partnership
Bankruptcy
Celsius seeks to convert altcoins to BTC, ETH in updated bankruptcy plan
Bankruptcy
Voyager Digital bankruptcy administrators rubber stamp 36% partial withdrawals
Bankruptcy
