
Genesis creditors file to restrict bankrupt’s firm intercompany transactions
Genesis creditors said the request raises various concerns for the committee as previous intercompany transactions are being investigated.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.

BlockFi argued that Emergent Technology is ineligible for bankruptcy protection because it has no property in the U.S..

Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.

FTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more.

Eligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.

A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.

Open Exchange said there is "a $20 billion market of claimants" desperately searching for a marketplace to monetize their claims against bankrupt crypto firms.



