Bankruptcy
Bitcoin price more correlated to FTX developments than macro events: Research
While expansion meaningfully affects the cost of Bitcoin, scientists were confused by bitcoins strength to other macroeconomic variables. The breakdown of FTX and related advancements accomplished other things to pull…
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
For the benefit of Explorer, law office Kirkland and Ellis summoned four chiefs from FTX and Alameda mentioning a colossal exhibit of reports. Legal counselors addressing bankrupt crypto representative Explorer…
FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Beam said when he assumed command over FTX in November 2022, there was a “gigantic scramble for data” connected with the trade’s assets, protection and staff. John Beam, who…
Celsius publishes list of users eligible to withdraw majority of assets
Qualified banks can not pull out their assets from Celsius except if they update their records with AML and KYC information. Bankrupt digital money loaning firm Celsius had thought of…
Alameda Research, a FTX affiliate company, is suing Voyager Digital for $446 million for “knowingly or recklessly” sending customer funds to Alameda
FTX attorneys guarantee that Explorer Advanced was complicit in its own breakdown by “purposely or wildly” diverting client assets to Alameda. Troubled crypto trading company Alameda Exploration is suing bankrupt…
Which tokens could FTX dump on the market?
The rundown of illiquid tokens incorporates a Donald Trump expectation token, a creature gathering pledges coin and tokens for a few Solana projects. The new administration of the bankrupt FTX…
Judge slams senators’ letter against FTX lawyers as ‘inappropriate’
Chapter 11 adjudicator John Dorsey referred to the bipartisan letter as “unseemly,” and says he won’t consider it in that frame of mind for a free analyst. The appointed authority…
US Feds put together ‘FTX task force’ to trace stolen user funds
US Lawyer Damian Williams said the workplace is working “nonstop” to answer the collapse of FTX. The US Lawyer’s Office for the Southern Locale of New York (SDNY) has framed…
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
Center Logical allegedly petitioned for Section 11 liquidation assurance in Texas attributable to falling income and BTC costs. Only days after lenders proposed to help Center Logical — a Bitcoin…
Realized losses from FTX collapse peaked at $9B, far below earlier crises
Week after week acknowledged misfortunes crested at $20.5 billion when Land Luna (LUNC) collapsed and came to $33 billion when 3AC and Celsius fell, as indicated by Chainalysis. Blockchain examination…
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