Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
The assets include airplanes, funds held at various banks, shares of Robinhood stock once owned by SBF, and even political contributions linked to FTX executives.
The ruling finds the defendants guilty of multiple securities law violations and imposes stringent penalties and restrictions on their future activities.
The examinations will determine S&C's awareness of FTX misconduct and potential conflicts during SBF's Robinhood shares acquisition.
The creditors argued that FTX's cash repayment would force a taxable event that could be avoided by in-kind repayment.
According to the terms of the settlement, the IRS will receive a $200 million priority claim to be paid within 60 days after FTX's proposed restructuring plan is implemented.
Gemini said its Earn users would get their assets back in kind.
The examiner emphasized the necessity of three primary investigations to further clarify the circumstances surrounding FTX Group's downfall.
Genesis has secured court approval for its reorganization plan and its $2 billion settlement with the NYAG.
Gemini Earn users have had their assets frozen since November 2022.
