Bankrupt Crypto Miner Core Scientific Gets Court Nod To Access $37 Mln Loan
The loan comes from a group of creditors who hold over 50% of Core Scientific’s convertible notes.
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Latest firstThe Procedure for Returning FTX Funds Has Been Announced
Bankrupt FTX has asked the receivers of contributions made by its management to refund the money willingly; otherwise, it may take legal action
Bankrupt Blockfi Files Lawsuit Against FTX’s Bankman-Fried Over His Robinhood Shares
BlockFi accuses Emergent Fidelity Technologies Ltd of defaulting on its obligations under a November 9 pledge agreement.
Crypto Lender BlockFi files for Chapter 11 bankruptcy
The Company's priority will be to restore all obligations owed to BlockFi by its counterparties, which includes FTX and related corporate entities.
BTC Miner Core Scientific faces cash crunch, lost $1.7 Billion in 2022
The Miner suffered a net loss of $862 million in the second quarter, followed by a net loss of $434.8 million over the third quarter.
Crypto investment firm Sino Global admits exposure to bankrupt FTX
Sino Global stated that its "direct exposure to FTX was confined to mid-seven figures held in custody."
FTX bankruptcy filing reveals jarring details of mismanagement
Sam Bankman-Fried received a $1 billion personal loan from Alameda Research before it went bankrupt.
Temasek writes off $275 mln funding in FTX, says found no red flags during due diligence
Key Takeaways Singapore’s state investment fund Temasek had stated it had written off its entire $275 million investment in bankrupt crypto exchange FTX. “In view of FTX’s financial position, we have decided to write down our full investment in FTX,…
BlockFi likely to file for bankruptcy after FTX exposure
BlockFi has admitted to having "significant exposure to FTX and associated corporate entities.
Turkish authorities announces probe into bankrupt FTX
Turkey's Financial Crimes Investigation Agency will investigate people and institutions related to the platform: banks, electronic money institutions, and crypto-asset providers.
