Advertisement     A new court filing from embattled FTX shows the exchange owes creditors over $3 billion. The single biggest creditor is owed a staggering $226 millio...
Tag: Billion
Court filing shows that FTX owes top 50 creditors $3.1 billion – crypto.news
According to circulating reports, FTX owes close to $3.1 billion to only its top 50 creditors. This information is courtesy of FTX’s recent bankruptcy court filings. While the bankruptcy proceedings a...
S&P 500: How An Orphanage Made $1.8 Billion This Year On One Stock
Having trouble finding a way to make money in the S&P 500 this year? Just ask a 113-year-old orphanage how it’s done. X The Milton Hershey School Trust, the No. 1 holder of more than $13 bil...
Collapsed crypto exchange FTX owes top 50 creditors $3 billion: Filing
The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphot...
FTX Owes Over $3 Billion to 50 Largest Creditors: Court Filing
Collapsed crypto exchange FTX owes nearly $3.1 billion to its top 50 creditors, as per filing from its Chapter 11 bankruptcy protection proceedings. It was earlier reported that the company may have m...
FTX Owes Over $3.1 Billion to Top 50 Creditors
As per the recent filing submitted by FTX in its bankruptcy proceedings, the crypto exchange owes a massive $1.45 billion only to its top ten creditors. Ever since crypto exchange FTX filed for bankru...
With An additional US$2 billion Issued For US$400,000, Who Will Take Responsibility For The Loss Of Users In The GALA Incident?
The turmoil of the abnormal issuance of pGALA by the multi-chain routing protocol pNetwork is not yet over. Huobi created controversy in the community because it changed the GALA token of some users i...
231.4 Billion SHIB Dumped by Top Whales as Burn Rate Spikes 506%
Yuri Molchan Largest wallets on Ethereum have sold massive amount of SHIB, while community has burned larger lump than usual Contents 231.4 billion SHIB sold over weekend Burn rate spikes 506%, 107 mi...
FTX Owns More Than $3 Billion To The Top 50 Creditors
Exchange News According to records, FTX owes 3 billion to the top 50 creditors. The information given by the creditors is unclear, as are their locations. Crypto Exchange FTX has filed for bankruptcy ...
How long could it take getting funds out of FTX owing top 50 creditors almost $3.1 billion
Investors are curious as to when they will be able to get their funds from the now-troubled cryptocurrency exchange FTX, but insolvency lawyers and experts caution that it might take “decades.” On Nov...
FTX Collapse: 50 Creditors Seeking $3 Billion
Bankrupt cryptocurrency exchange FTX said its top 50 creditors are seeking $3 billion in claims. The insolvent company released the amount of the claims of each of the top creditors, but did not name ...
Warren Buffett’s Berkshire Picks Up $5 Billion TSMC Stake
(Bloomberg) — For investors looking for a dip-buying opportunity in the global chip industry, Berkshire Hathaway Inc. may have a recommendation: Taiwan Semiconductor Manufacturing Co. Most Read ...
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of ...
FTX Owes Its 50 Biggest Unsecured Creditors More Than $3 Billion
(Bloomberg) — Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news. Most Read from Bloomberg Sam Bankman-Fried’s bankrupt crypto empire owes its 50 biggest unsecu...
FTX owes almost $3.1 billion to its top 50 creditors, filing says
Embattled cryptocurrency exchange FTX owes more than $3 billion to its top 50 creditors. A filing from its Chapter 11 bankruptcy protection proceedings on Saturday revealed the amount owed the u...
A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World’s Population Hits 8 Billion
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty Earlier this week, the United Natio...
Masayoshi Son Now Owes SoftBank $4.7 Billion on Side Deals
(Bloomberg) — Masayoshi Son is now personally on the hook for about $4.7 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, after mounting losses in the company’s...
Ripple Eyes Ireland as $1.3 Billion SEC Fight Drags On
As its battle with the Securities and Exchange Commission continues, Ripple is looking outside of the U.S.—mainly to Europe. The blockchain payments company’s lawyer, Stuart Alderoty, told CNBC in an...
Solana Loses $1 Billion in USDT to Ethereum in Tether Chain Swap
Stablecoin issuer Tether today announced a $1 billion chain swap to convert USDT it had on the Solana blockchain to the Ethereum blockchain. The announcement comes as Solana, which just weeks ago ran...
Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse
A $1 billion chain transfer to convert USDT from the Solana blockchain to the Ethereum blockchain was just announced by stablecoin issuer Tether. During this process, Tether noted that there won’t be ...
Tether Ditches Solana, Performs $1 Billion USDT Swap
In a backward move for the Solana ecosystem, stablecoin issuer Tether is set to swap 1 billion USDT on Solana for ERC20 tokens for use on Ethereum. After the news, the price of SOL fell roughly 0.03%,...
Sustainable Agriculture Summit Held In Arizona Coincides With Need To Feed Global Population Reaching 8 Billion
A 20 mw solar farm in Gillespie Arizona, Maricopa County south of Phoenix. Farming is also “solar … [+] powered” but this region is an example of increasing water limitation while in...
Tether says it’s moving 1 billion USDT from Solana to Ethereum
Tether, the issuer of the USDT stablecoin, said it was conducting a chain swap to move 1 billion USDT from Solana to Ethereum. The chain swap will reduce the total amount of circulating USDT on ...
FTX Advisers Find Only $740 Million in Crypto, While Liquidity Gap Stands at $8 Billion
Yuri Molchan Advisers who oversaw Enron bankruptcy, say FTX case is much worse Contents Only “fraction” of FTX’s funds found Homes and personal items bought with FTX funds Bloomberg has reported that ...
Genesis sought $1 billion loan before pausing withdrawals
Crypto lender Genesis was seeking a $1 billion emergency loan just before suspending customer withdrawals on Wednesday. Emergency loan Citing a lack of liquidity as the reason, cryptocurrency lending ...
Asia Power Businesswoman Doris Hsu Talks About GlobalWafers’ New $5 Billion U.S. Plant, Daring Yourself To Achieve
Geopolitical concerns are “a very important point” for customers, Hsu said GlobalWafers The U.S. is working to boost domestic production of semiconductors, and passage of the $52 billion C...
Genesis sought emergency loan of $1 billion: WSJ
Genesis sought an emergency loan of $1 billion from investors before telling clients it was suspending redemptions in the wake of the collapse of FTX, The Wall Street Journal reported. Genesis s...
FTX’s Bankman-Fried Received $1 Billion Loan From Alameda
(Bloomberg) — FTX co-founder Samuel Bankman-Fried, one of his related companies, and two other top executives at the collapsed cryptocurrency exchange received massive loans from affiliated trad...
GM EV unit BrightDrop forecasts $1 billion in 2023 revenue
BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General M...
How to raise $2 billion with a sloppy Excel spreadsheet
Good morning, Just when you thought the story of the downfall of crypto exchange FTX couldn’t get any worse, there are yet more jarring details and it involves every CFOs worst nightmare: messy Excel ...
XRP Trading Volume Surpasses Its $18 Billion Market Cap, What’s Cause of Anomaly?
XRP has seen abnormal trading volumes, exceeding the current market capitalization of cryptocurrencies by 33%. With the combined value of all XRPs at $18.56 billion, trading volume in the last seven d...