FTX Debtors Challenge Genesis’ Claims Estimate of ‘$0.00’, Dispute Escalates
The FTX debtors claimed that the claim was filed "without any advance notice" and that they could not attend the mediation.
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Latest firstNew York’s Met Museum to return $550K in donations from collapsed FTX
The $550,000 was paid to the Met in two separate installments — the first $300,000 in March 2022 and the rest in May.
Crypto Exchange TrigonX to relaunch after FTX-induced collapse
Matteo Salerno, the company director, expressed that relaunching the exchange under this arrangement would result in a more favorable outcome for creditors compared to liquidation.
Singapore’s Temasek Takes Accountability for FTX Investment Loss, cuts salaries of staff involved
After FTX's collapse, Temasek wrote off its entire investment, which amounted to $210 million for FTX International and $65 million for FTX.US.'
Michael Lewis is all set to Publish Book on FTX’s downfall
The author of "Moneyball" and "The Big Short," Michael Lewis, is almost done writing a book about Sam Bankman-Fried
FTX leadership sues Sam Bankman-Fried over pre-bankruptcy $220M deal
FTX reportedly paid $220 million to acquire Embed through its American subsidiary on May 17 despite having allegedly "performed almost no due diligence" on the platform
IRS Seeks $44 Billion from Bankrupt FTX Exchange and Affiliates in Claims
Against Alameda Research, it is alleged that $20.4 billion in unpaid partnership and income taxes have been assessed.
Court Grants Approval for FTX’s LedgerX Purchase Despite Major Financial Setback
The sale of LedgerX has been approved by the bankruptcy judge overseeing the case involving FTX.
FTX Advisers Charged the Bankrupt Firm $103M in Q1
key Takeaways: Five legal and consulting firms, including Sullivan & Cromwell, Alvarez & Marshal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan, and Landis Rath & Cobb, charged the bankrupt cryptocurrency trading platform FTX a total of $36.4 million in March, according…
USDC’s woes are the result of the US crackdown: Circle CEO
Amidst a regulatory onslaught and financial crisis, USDC's market cap has almost been cut in half during the past six months.