PlayIconNav
BTC
$67,922.56+3.32%
ETH
$3,281.49+3.48%
BNB
$582.97+1.82%
SOL
$183.07+6.14%
XRP
$0.60307469+1.13%
DOGE
$0.13497464+7.70%
CD20
$2,294.90+4.05%
TON
$6.74+1.79%
ADA
$0.41820394+6.33%
TRX
$0.13757344+1.40%
AVAX
$28.77+5.41%
WBTC
$67,994.48+3.37%
Ad

Bankruptcy

(CoinDesk)
Finance
Mt. gox
Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday
Customers of the defunct crypto exchange lost their funds in a 2014 hack, and the imminent distribution of nearly $9 billion worth of assets to creditors has been weighing on...
(CoinDesk)
By Sheldon RebackKrisztian Sandor
Jul 24, 2024 at 3:33 p.m. UTC
Jul 24, 2024
Mt. GoxBankruptcyExchanges
16:9 Wallet (Prasanta Sahoo/PIxabay)
Finance
Trading
Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
16:9 Wallet (Prasanta Sahoo/PIxabay)
By Shaurya Malwa
Jul 24, 2024 at 8:21 a.m. UTC
Jul 24, 2024
TradingMarketsBitcoinMt. GoxExchangesBankruptcy
BlockFi held a bankruptcy hearing Monday (Scott Olson/Getty Images)
Policy
Regulations
BlockFi Administrator Submits Plan in Court to Make Customers Whole
The plan administrator revealed that a significant transaction had been closed which would enable a near-term final distribution of 100% for all eligible claims.
BlockFi held a bankruptcy hearing Monday (Scott Olson/Getty Images)
By Amitoj Singh
Jul 23, 2024 at 5:56 a.m. UTC
Jul 23, 2024
RegulationsBlockFiBankruptcyCryptoFTXcustomer fundscreditorsNew Jersey
BlockFi (Scott Olson/Getty Images)
Policy
Coinbase
BlockFi to Start Interim Crypto Distributions Through Coinbase This Month
BlockFi was the first victims of the contagion caused by crypto exchange FTX’s collapse in early November 2022 and filed for bankruptcy on Nov. 28, 2022.
BlockFi (Scott Olson/Getty Images)
By Amitoj Singh
Jul 18, 2024 at 11:45 a.m. UTC
Jul 18, 2024
CoinbaseBankruptcyBlockFiCrypto
FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)
Policy
Regulations
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."
FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)
By Amitoj Singh
Jun 18, 2024 at 8:14 a.m. UTC
Jun 18, 2024
RegulationsFTX CollapseFTXSam Bankman-FriedSBFAdam moskowitzCryptoBankruptcyCourt CasesSDNYUS
Current FTX CEO John J. Ray has worked to clawback funds spent by the previous operators of the defunct FTX exchange. (Wikimedia Commons)
Policy
Regulations
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
The new reorganization plan must first be approved by a Delaware bankruptcy court.
Current FTX CEO John J. Ray has worked to clawback funds spent by the previous operators of the defunct FTX exchange. (Wikimedia Commons)
By Cheyenne Ligon
May 8, 2024 at 2:49 a.m. UTC
May 8, 2024
RegulationsSBFFTXBankruptcy
The U.S. Department of Justice charged Cred's executives with wire fraud, conspiracy to commit wire fraud and related charges. (Getty Images).
Policy
Regulations
Former Cred Executives Indicted on Wire Fraud, Other Charges
The defunct crypto lender filed for bankruptcy in 2020.
The U.S. Department of Justice charged Cred's executives with wire fraud, conspiracy to commit wire fraud and related charges. (Getty Images).
By Sam KesslerNikhilesh De
May 3, 2024 at 10:14 p.m. UTC
May 3, 2024
RegulationsCredBankruptcyU.S. Department of Justice
Sam Bankman-Fried, right, outside court in July 2023. (Nikhilesh De/CoinDesk)
Policy
Ftx
FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
The value of FTX's FTT token surged 10% on the news.
Sam Bankman-Fried, right, outside court in July 2023. (Nikhilesh De/CoinDesk)
By Cheyenne Ligon
Mar 25, 2024 at 4:50 p.m. UTC
Mar 25, 2024
FTXBankruptcyAI
New FTX CEO John J. Ray III (C-Span)
Policy
Ftx group
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
Ray said Bankman-Fried’s victims “will never be returned to the same economic position they would have been in today absent his colossal fraud.”
New FTX CEO John J. Ray III (C-Span)
By Cheyenne Ligon
Mar 20, 2024 at 11:13 p.m. UTC
Mar 20, 2024
Ftx groupSam Bankman-FriedJohn Ray IIIBankruptcy