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FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
Bankrupt crypto exchange FTX is seeking to recover $460 million of allegedly misappropriated customer funds from venture capital (VC) firm…
DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S.…
FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
An investigation into FTX’s collapse by an examiner could cost the firm upwards of $100 million without providing any benefit…
Former FTX chief lawyer claims US legal counsel channeled business to S&C
A former FTX chief lawyer has accused the company’s US general counsel of channeling business to Sullivan & Cromwell (S&C)…
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement…
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Bankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs…
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
On Dec. 15 lawyers representing FTX filed a motion with the United States Bankruptcy Court seeking permission to sell off…
FTX resumes employee and contractor payments after weeks in limbo
Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees…
Ripple, SEC case heads for conclusion after ‘summary judgment’ filed
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an…
Celsius files to reopen withdrawals for a minority of customers
Beleaguered crypto lender Celsius Network has filed a motion with the United States Bankruptcy Court yesterday to allow customers with…
