Four FTX customers filed a class action lawsuit demanding priority in repayment, citing $2 billion in customer funds which have gone missing. The suit was filed in the U.S. Bankruptcy Court for ...
Tag: file
FTX Users File Lawsuit Against Defunct Exchange. Will They Get Their Money Back?
The latest development in the drama of FTX is that on December 27, users of the defunct exchange filed a class action lawsuit against the firm and its former senior executives, including Sam Bankman-F...
FTX Customers File Class Action Against Defunct Exchange, Top Execs: Report
FTX and some of its former top leadership including have been slapped with a class action lawsuit by customers on December 28, according to the latest Reuters report. The customers have sought a decla...
FTX customers file class-action lawsuit to get priority reparations
While the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to get their money back first. A class lawsuit initiated by fou...
Investors File Lawsuit Against Gemini Founders Over Earn Trust Offering
2 hours ago | 2 mins read Editors News The investors have claimed that the Winklevoss twins committed fraud. Gemini Earn Trust offered returns of up to 8% to its backers. As a result of the ongoing li...
French Investors File 2.4M Euros Lawsuit Against Binance Exchange
25 mins ago | 2 mins read Exchange News The plaintiffs allege they lost more than €2.4 million in value when TerraUSD crashed. Binance France addressed the concerns raised by its customers in a blog p...
Is Crypto Firm Block Fi Next in Line to File Bankruptcy?
2022 has been an atrocious year for cryptocurrency. Many digital asset companies have been forced into dark places and filed for bankruptcy, and it looks like leading blockchain firm Block Fi might be...
Bitcoin Miner Core Scientific to File for Bankruptcy but to Continue Mining
By the end of trading on Tuesday, the company’s market capitalization had dropped to $78 million from a $4.3 billion valuation in July 2021 when the company went public. Major crypto mining company Co...
Bitcoin Miner Core Scientific To File Bankruptcy, Stock Tanks 30%
Core Scientific, one of the world’s biggest bitcoin mining stocks, is reportedly preparing to file for bankruptcy on Wednesday after struggling under the weight of its debt. The Texas-based firm’s cas...
Ripple and SEC Jointly Request Time Extension to Publicly File Daubert Motions
– Advertisement – The parties request a time extension to file their respective Daubert motions in the public docket. The Securities and Exchange Commission (SEC) and Ripple have filed a j...
Bitcoin miner Core Scientific set to file for Chapter 11 bankruptcy protection: CNBC
Bitcoin miner Core Scientific is planning to file for Chapter 11 bankruptcy protection in Texas in the early hours of Wednesday morning, according to a CNBC report. One of the largest publicly ...
SEC To File Reconsideration Of Judgement
XRP Lawsuit News: The ruling in the U.S. Securities and Exchange Commission vs Ripple lawsuit is awaited and is witnessing different kinds of speculative outcomes. However, both parties have filed the...
Avaya Holdings Likely To File For Bankruptcy: Report
Avaya Holdings Corp (NYSE: AVYA) will likely file for chapter 11 bankruptcy. Earlier in the week, Avaya said it is considering restructuring proposals from creditor groups. The technology company, Blo...
Mattress Company Serta Simmons Prepares to File for Bankruptcy Protection
(Bloomberg) — Serta Simmons Bedding is preparing to seek bankruptcy protection as soon as January, according to people with knowledge of the situation. Most Read from Bloomberg The closely held ...
SEC to file separate charges against FTX’s SBF
The worst isn’t yet over for the disgraced founder of crypto exchange FTX, Sam Bankman-Fried. On Dec. 12, the United States Securities and Exchange Commission (SEC) said it is preparing to file charge...
Bitcoin miner Argo Blockchain plans to file for bankruptcy
Argo Blockchain, a company that mines cryptocurrencies, made public its intentions to file for bankruptcy earlier than expected on December 12 due to an administrative error. Will Foxley, the Content ...
FT, Bloomberg, NYT and WSJ file suit to make FTX creditors public
The Financial Times, The Wall Street Journal, The New York Times and Bloomberg have filed a suit seeking to unseal who the creditors of the collapsed crypto exchange FTX are. The news organizations wa...
3AC Liquidators File $30M Claim for ‘Much Wow’ Super Yacht
Liquidators appointed to oversee Three Arrows Capital’s bankruptcy said the crypto hedge fund’s co-founders Su Zhu and Kyle Davies are still not cooperating for information, forcing them to investigat...
Ripple Says It Put Up Good Fight as Both Parties File Replies to Summary Judgment
Tomiwabold Olajide Ripple proud of its defense as final submission for summary judgment is made In the ongoing Ripple-SEC lawsuit, both parties have filed their redacted replies in support of their re...
Uvalde Survivors File $27 Billion Class-Action Suit— Here Are All The Suits Filed Against Police, Gun Makers, And School Officials
Topline Nearly 30 survivors of the mass shooting at Robb Elementary School in Uvalde, Texas, filed a $27 billion class action lawsuit, alleging law enforcement officials’ miscommunication and inaction...
Parties Have Begun to File UNDER SEAL!
After multiple attempts to deal with the lawsuit, the Ripple vs SEC case appears to have finally approached a closure. The case is fast approaching the end as both parties would file their response to...
Ripple and SEC Started To File Summary Judgment Replies
– Advertisement – The parties officially file sealed versions of summary judgment replies. Former federal prosecutor James K. Filan revealed that the United States Securities and Exchange ...
XRP Set to Break $0.45 As Ripple and SEC Expected to File Summary Judgment Reply Briefs Today
– Advertisement – The parties’ summary judgment reply briefs are due today. There has been little to no update on the Ripple vs. SEC lawsuit since non-parties filed their respective amicus...
BlockFi Crash: Why did BlockFi file for Bankruptcy?
The FTX crash is starting to expose many other crypto companies that were involved with it. BlockFi is yet another company that filed for bankruptcy, leaving its users to bust. Why did BlockFi file fo...
Distributed File System Vs. NFS ZDFS
– Advertisement – The network file system is an open protocol that handles messaging formats of the client and server that should communicate under the Distributed File System (DFS). The N...
U.S Court Set Deadline For Celsius Users and Customers To File Proofs of Claims
Celsius was among the top five crypto lenders globally that filed for bankruptcy in July. The next hearing of the Celsius case will be in the first week of December 2023. Celsius Network filed its b...
Genesis Will Not File For Bankruptcy, Crypto Daily TV 23/11/2022
In Todays Headline TV CryptoDaily News: Bitpanda obtained crypto license in Germany. Austrian exchange Bitpanda has obtained a crypto license in Germany through its local unit. With the German Federal...
Crypto Lender Genesis Could File for Bankruptcy Without a Fresh Capital: Report
Crypto brokerage firm Genesis is struggling to raise fresh capital for its lending unit and has warned potential investors that it may need to file for bankruptcy if its efforts are abortive, Bloomber...
Crypto Lender Genesis Has No Plans To File Bankruptcy
17 mins ago | 2 mins read Bitcoin News Genesis is facing a liquidity crunch after a torrent of withdrawals due to the FTX collapse. Genesis has had exposure to bankrupt firms – FTX and 3AC. Crypto len...
Genesis denies ‘imminent’ plans to file for bankruptcy
Cryptocurrency lending company Genesis has refuted speculation that it is planning an “imminent” bankruptcy filing should it fail to cover a $1 billion shortfall caused by the fall of cryp...
Celsius Customers Have Until January to File Claims in Bankruptcy Proceedings
The U.S. Bankruptcy Court of the Southern District of New York has approved a request by bankrupt crypto lender Celsius to set a deadline for its customers to submit proofs of claim in the ongoing ban...
Bankruptcy Court Sets Deadline for Celsius Users to File Claims
The US Bankruptcy Court of the Southern District of New York approved crypto lender Celsius’ motion for a deadline for customers to file a claim. January 3rd, 2023, has been set as the last date for c...