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.
Three Arrows Capital co-founder Su Zhu alleged that liquidators misled the Singapore high court about the structure of 3AC and the role he and co-founder Kyle Davies played in it.
The Bankruptcy court has approved $1.6 million as employee bonuses. Creditors committee will work with Voyager to cut cost by $46 million.
