Bankruptcy
Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement
The CFTC settlement with the bankrupt firm prioritizes creditor's repayment.
Oluwapelumi Adejumo 3 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Coverage footprint 2.5%
Top Bankruptcy Stories
Bankruptcy
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others
The defunct firm created a $70 million fund to pursue legal actions against its parent company, Digital Currency Group, and others.
Legal
Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation
The action, effective since May 2023, required the bank to liquidate and wind down its operations in a manner that protected its depositors.
Latest Bankruptcy News & Analysis
Bankruptcy
Mt. Gox moves $2.47 billion in Bitcoin as repayments to creditors accelerate
Kraken said it has completed Mt Gox creditors Bitcoin and Bitcoin Cash repayments.
Bankruptcy
Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham
The firm transferred a total of $2.85 billion in BTC to new wallets amid creditor repayments.
Bankruptcy
FTX proposes $12.7 billion settlement deal with CFTC
FTX's other bankruptcy payments will act as credits toward each amount.
Crypto
Kraken confirms receipt of Mt. Gox Bitcoin, creditors to receive as early as next week
Mt. Gox moves $5.8 billion in Bitcoin in several transactions today.
Legal
FTX estate disputes Jump Trading’s $264 million claim over unmaterialized Alameda loan
The dispute centers around a loan agreement between Alameda Research and Jump Trading's subsidiary, Tai Mo Shan.
Bankruptcy
Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000
Bitcoin's decline triggered one of the largest liquidation events for this year.
More Bankruptcy News Headlines
Bankruptcy
Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
Bankruptcy
FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object
Bankruptcy
Mt. Gox to begin Bitcoin repayments to creditors in July 2024 spooking market
Bankruptcy
