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.
The CEO of Binance confirmed that the announcement of FTX's acquisition was not pre-planned and that he was unaware of the company's internal state.
Wintermute CEO Evgeny Gaevoy made the statement in response to a tweet thread posted by the co-founder of the defunct crypto hedge firm Three Arrows Capital.
