Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Orthogonal Trading misrepresented its financial exposure to the FTX collapse and defaulted on repaying its $31 million loan from Maple's M11 lending Pool.
Bankman-Fried has sent Forbes documents showing his ownership stakes in Alameda (90%) and FTX (around half) and screenshots of wallets holding cryptocurrencies in January 2021.
The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.
Galaxy Digital acquires custody solution firm GK8 to sure up its product line up.
YouTuber Coffeezilla gives his take on a Tiffany Fong interview with Sam Bankman-Fried, in which he claimed to be a secret Republican donor.
Amidst filing for bankruptcy, BlockFi is yet to know whether its trustees will manage to recover over $10 billion in outstanding liabilities.
Insolvency rumors concerning centralized exchanges like Binance, KuCoin, and Nexo persist following BlockFi's Chapter 11 bankruptcy filing on Nov. 28.
Ripple CTO David Schwartz said BlockFi might have gotten a loan from FTX to pay off the SEC's settlement.
Ben Caselin confirmed his resignation from Hong Kong exchange, AAX, following disagreement with company decisions.
