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Bankruptcy

Crypto News

NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether

A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, according...
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Crypto News

Elon Musk Joins Bonds to Warn of U.S. Fiscal Crisis – Or Is Bankruptcy Already Here?

Last month, CoinDesk discussed in detail how bond market activity is challenging the notion that the U.S. government is good for money, raising questions...
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Crypto News

FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle

FTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, Bloomberg reported...
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Crypto News

FTX Bankruptcy Estate Hits Out Over ‘Unauthorized’ Sale of FTX EU to Backpack Exchange

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former...
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Crypto News

Three Arrows Capital Boosts FTX Bankruptcy Claim to $1.5 Billion

Key Takeaways 3AC accuses FTX of prematurely liquidating 3AC’s assets just weeks before the hedge fund’s collapse 3AC alleged FTX delayed providing necessary information, forcing 3AC...
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Crypto News

FTX Pursues $11 Million Recovery from Crypto.com Over Bankruptcy Settlement

Bankrupt crypto exchange FTX is intensifying its asset recovery efforts as it seeks to return funds to creditors. FTX-affiliated trading firm, Alameda Research, recently...
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Crypto News

Crypto Neobank Banq’s Bankruptcy Case Dismissed by U.S. Judge

N9's lawsuit also alleges that Jiles, in his capacity as Banq's chair, failed to create a non-compete agreement with former Banq CEO Scott Purcell,...
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Crypto News

Californian Investor Sues Hedge Fund Over FTX Bankruptcy Claim Payout

The lawsuit stems from a deal struck last year in The lawsuit stems from a deal struck last year in which Gierczyk sold his...
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