Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.
FTX’s fourth creditor distribution will inject roughly $2.2 billion into the market at a moment when Bitcoin is already trading under pressure from a deteriorating macro backdrop.
Prosecutors involved with the FTX investigation have reportedly told lawyers that the case is so sprawling it could exhaust the resources of the U.S. District Court for the Southern District of New York.
FTX founder Sam Bankman-Fried's Robinhood shares equate to $455 million.
