Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
The KYC failures may reportedly lead to the disqualification of nearly $2.5 billion in creditor claims by FTX.
Oluwapelumi Adejumo 2 min read 
This development comes as FTX is about to begin the second phase of its payouts by May 30.
Terraform Labs sets deadline for UST creditors to file claims, requiring proof of asset ownership and eligible tokens.
Sei Foundation foresees transforming 23andMe's genetic data infrastructure into a decentralized model, prioritizing privacy and control for users.
Judge Dorsey ruled against FTX because transparency issues hindered 3AC’s ability to calculate its losses swiftly.
The unstaked Solana aims to assist in settling repayment claims while the bankruptcy proceedings continue.
FTX’s staggered repayment process advances; larger claims up next, unresolved issues remain for some.
Prosecutors presented 4 terabytes of new evidence that needs to be reviewed, prompting court to delay Do Kwon's hearing for review.
While FTX processed initial payouts to smaller creditors, users from excluded regions await solutions.
