Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
The defunct firm created a $70 million fund to pursue legal actions against its parent company, Digital Currency Group, and others.
Oluwapelumi Adejumo 2 min read 
The action, effective since May 2023, required the bank to liquidate and wind down its operations in a manner that protected its depositors.
Kraken said it has completed Mt Gox creditors Bitcoin and Bitcoin Cash repayments.
The firm transferred a total of $2.85 billion in BTC to new wallets amid creditor repayments.
FTX's other bankruptcy payments will act as credits toward each amount.
Mt. Gox moves $5.8 billion in Bitcoin in several transactions today.
The dispute centers around a loan agreement between Alameda Research and Jump Trading's subsidiary, Tai Mo Shan.
Bitcoin's decline triggered one of the largest liquidation events for this year.
The lawsuits, filed in the US Bankruptcy Court for the Southern District of New York, target those with more than $100,000 in Withdrawal Preference Exposure (WPE).
