Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Cameron Winklevoss argued that Genesis' bankruptcy does not insulate Barry Silbert or DCG from accountability.
Oluwapelumi Adejumo 2 min read 
Genesis' bankruptcy filing shows a much lower debt liability to Gemini Earn users than the $900M debt Cameron Winklevoss had claimed.
Genesis' custody, derivatives, broker-dealer, and spot trading business are not part of the bankruptcy proceedings.
Maker's PSM poll showed 50.85% of participants supporting keeping the GUSD debt ceiling at $500 million, while the rest supported its removal.
CEO John Ray stated that ‘everything is on the table’ and if there is a path forward, FTX will explore it.
A prepackaged bankruptcy filing is looking increasingly likely as Genesis fails to secure funds
Separate filings from FTX CEO John Ray III and the official Committee of unsecured creditors supported the move to retain Sullivan & Cromwell.
Before FTX's collapse, SBF was hoping that an increase in crypto prices would solve the problem of Alameda losing FTX user funds.
FTX management was making a "meaningless comparison" by not including the bank balances as part of the bankrupt's firm assets, said SBF.
