Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Sam Bankman-Fried was likely to drop his extradition battle at the recent hearing since he wants to return to the U.S. and request bail.
If there are billions of dollars to account for within the bankruptcy investigation — which is the case — then the majority of victims are likely retail customers that had non-whale balances.
The press statement revealed that the deal was subject to the bankruptcy court approval.
