FTX Recovery Trust, which is managing the liquidation process of cryptocurrency exchange FTX, has filed a formal 94-page objection in the US …
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Tag:
Bankrupt
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Markets
Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”
by shayaanby shayaanBankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, …
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USDC issuer Circle’s “moon landing moment” of its IPO and subsequently soaring stock price do little to change the stability of its …
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Adoption
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves
by shayaanby shayaanStrive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct …
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Regulation
ADA Founder Says SEC Would Have ‘Danced on Bankrupt Graves’ of Crypto Projects if They Won
by shayaanby shayaanIn a powerful statement, Charles Hoskinson, co-founder of the Cardano blockchain, declared that the “war on digital assets” in the U.S. has …
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Regulation
US Judge Grants Motion Expanding Three Arrows Capital’s Claim Against Bankrupt Exchange FTX to $1,530,000,000
by shayaanby shayaanA US judge is granting a motion to greatly expand the claim of the failed crypto hedge fund Three Arrows Capital (3AC) …
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DeFi
Statement from the Developers of Altcoin, Said to Went Bankrupt! Users Can’t Withdraw Their Money! Developers Called It “FUD”
by shayaanby shayaanThe developers of the altcoin, which recently had bankruptcy rumors and experienced a really serious drop in price, have released a statement …
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The Seoul Rehabilitation Court officially declared bankruptcy on crypto yield platform Haru Invest, after it was implicated in a crypto fraud worth …