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.
Temasek revealed that it conducted an extensive due diligence process on FTX, which lasted 8 months between February and October 2021.
Kyle Davies calls out Sam Bankman-Fried for hiding the scale of FTX's problems and for hunting 3AC's trading positions.
