Exchanges
FTX native token spikes over 100% after lawyers tell court exchange could be revived
As of press time, FTT was trading at $2.67, up 102.85% from $1.33 before the hearing.
Assad Jafri 1 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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Analysis
Bitcoin rally fueled by realization trustlessness is the only way forward
Bitcoin's rally amid deteriorating macroeconomic conditions is explained by the desire to hold a trustless, decentralized asset.
Exchanges
Swiss court allows FTX to explore sales of European business
A Swiss court has appointed an unnamed administrator for FTX Europe AG, according to the press statement.
Latest Bankruptcy News & Analysis
Bankruptcy
Signature Bank closure was not about crypto, NYDFS reaffirms
Superintendent Adrienne A. Harris says the bank was closed due to a bank run.
Bankruptcy
FTX EU opens European withdrawals website
The site will solely provide fiat withdrawals and no other services.
Bankruptcy
OKX eyes Australia expansion as it returns bankrupt FTX’s $157M
OKX has continued its global expansion efforts with recent revelations that it wants to open an office in Australia.
Bankruptcy
Paxful to refund users’ Earn balances affected by Celsius collapse
Paxful CEO Ray Youssef said funds will be returned by the end of the week.
Bankruptcy
FDIC to sell Signature’s Signet network; remaining bank clients given cutoff date
Signature Bank's closure process continues weeks after its initial failure.
Bankruptcy
BlockFi will refund $100K to California users
The firm likely owes billions of dollars in total following its bankruptcy last year.
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Bankruptcy
First Citizens Bank to acquire failed Silicon Valley Bank assets at a discount
Banking
Analysis: How social media killed Silicon Valley Bank
Bankruptcy
FTX plans to sell stake in Mysten Labs for $96M
Bankruptcy
