Bankruptcy

Sam Bankman-Fried (Liz Napolitano/CoinDesk)
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.
Sam Bankman-Fried (Liz Napolitano/CoinDesk)

(Adobe Firefly)
FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources
BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy e...
(Adobe Firefly)

Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)
Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .
Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)

Core Scientific's Marble facility in North Carolina. (Core Scientific)
Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The company expects to see nearly $600 million in revenue this year.
Core Scientific's Marble facility in North Carolina. (Core Scientific)

(Unsplash/Modified by CoinDesk)
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited on crypto exchange Coinbase.
(Unsplash/Modified by CoinDesk)

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Three arrows hit bullseye of a target (QuinceCreative/Pixabay)
Court Freezes $1 Billion of Assets of Three Arrows Capital Founders
The worldwide order by a British Virgin Islands court applies to Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.
Three arrows hit bullseye of a target (QuinceCreative/Pixabay)

Albany, a residential complex where Sam Bankman-Fried lived in a penthouse with others. (Amitoj Singh/CoinDesk)
FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions
This deal will pave the way for assets to be pooled and distributed to FTX.com customers.
Albany, a residential complex where Sam Bankman-Fried lived in a penthouse with others. (Amitoj Singh/CoinDesk)

Genesis filed for bankruptcy in January 2023 (Richard Mortel/Flickr)
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.
Genesis filed for bankruptcy in January 2023 (Richard Mortel/Flickr)

Mike Novogratz, founder and CEO of Galaxy Digital
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT
Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider.
Mike Novogratz, founder and CEO of Galaxy Digital