Bankruptcy News

Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.

Stories 648 in this category

Coverage footprint 2.6% of all CryptoSlate stories

Floodwaters crashing through industrial gates marked with a Bitcoin symbol, illustrating a major liquidity test as $2.2 billion hits the market amid geopolitical pressure

Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure

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.

2 days ago

Bankruptcy

BlockFi confirms move to allow wallet users access to funds

BlockFi wallet users may soon be able to move funds, BIA users will not have the same access

3 years ago

Bankruptcy

SBF reportedly dropped fight against extradition but sent back to jail after latest hearing

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.

3 years ago

Legal

Top 50 FTX creditors only account for $114M of unsecured claims out of billions lost

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.

3 years ago

Bankruptcy

Binance.US to acquire bankrupt Voyager’s assets for $1.02B

The press statement revealed that the deal was subject to the bankruptcy court approval.

3 years ago

Bankruptcy

Riot Games to terminate FTX sponsorship due to “reputational harm”

Riot Games seeks to end sponsorship with FTX due to reputational harm and damage, citing violation of the morality clause.

3 years ago

Bankruptcy

FTX bankruptcy case: Bahamas denies improper conduct, seeks respect for legal system

FTX liquidators request respect for Bahamian legal system in ongoing US bankruptcy case and deny improper conduct.

3 years ago

Bankruptcy

What to expect from FTX’s second bankruptcy hearing today; LedgerX sale, doxing creditors, custody of funds

A part of the bankruptcy agenda stated that the FTX debtors are no longer seeking to keep the record sealed. Consequently, information on FTX creditors is likely to be doxed.

3 years ago