Legal
US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’
US prosecutors said Nishad Singh helped them to uncover FTX's hidden financial misconduct.
Oluwapelumi Adejumo 2 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
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Bankruptcy
Mt. Gox extends creditor repayment deadline to 2025
Mt Gox's wallet still holds about $2.75 billion worth of Bitcoin that would be distributed to its creditors.
Bankruptcy
Caroline Ellison to surrender nearly all remaining assets to FTX
FTX said the settlement is beneficial and prevents the high cost of litigation.
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Crypto
Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers
The repayments will be in cash, with interest, and should start within 60 days after the plan comes into effect.
Bankruptcy
FTX creditors misled as token value jumps 50% on repayment rumors
An FTX creditor said the firm's repayment plan would only return around 25% of the failed exchange users crypto assets.
Bankruptcy
Crypto powerhouse Silvergate Capital bank files for bankruptcy after 18-month wind-down
Regulatory challenges and massive withdrawals by clients forced Silvergate to cease operations and ultimately file for bankruptcy.
Bankruptcy
FTX wallet linked to unstaked $23.75M in Solana, raising sell off concerns
Wallets linked Alameda Research shifted around $300,000 worth of crypto to centralized exchanges.
Crypto
Terraform Labs moves $62.81M in BTC amid final wind-down steps
The significant Bitcoin transfer aligns with Terraform Labs' winding down process.
Bankruptcy
FTX bankruptcy faces new hurdles as SEC flags repayment concerns
Coinbase's Paul Grewal criticized the SEC's filing for adding uncertainty to FTX's bankruptcy proposal and stablecoin use.
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Bankruptcy
Celsius distributes $2.53 billion, some creditors leave funds unclaimed
Bankruptcy
Former FTX exec files lawsuit as exchange announces reorganization gains support
Legal
3AC liquidators file lawsuit against Terraform Labs seeking $1.3 billion in damages
Bankruptcy
