FTX’s Latest Filing Asks Judge for Help, Find Out Why

According to a filing on Dec. 22, 2022 by FTX, the crypto exchange looked for the help from U.S. bankruptcy court in between a battle over ownership of around $450 Million worth of stock in Robinhood ...

SEC Filing Against Thor Crypto; Citing it Unregistered Securities

Amidst the chaos of the crypto industry going through multiple reasons, another crypto project came under the financial regulator’s radar. Recently Thor Technologies reported to witness filing of comp...

SEC filing declares FTT a security in FTX case development

The U.S. Securities and Exchange Commission, in its filing against Caroline Ellison and Gary Wang, said that the FTX’s exchange token (FTT) is considered a security, given that it was sold as an inves...

Bitcoin miner Core Scientific reportedly filing for Chapter 11 bankruptcy

Just days after a creditor offered to help Core Scientific avoid possible bankruptcy, reports have emerged confirming the Bitcoin (BTC) mining company’s fate. Core Scientific is reportedly filing for ...

Bitcoin Mining Firm Core Scientific Filing Chapter 11 Bankruptcy

Bitcoin News B. Riley wanted to forestall a Chapter 11 bankruptcy filing. The US-based mining corporation sold off 1576 BTC during the month of September. Numerous companies operating in various subse...

Crypto Twitter Reacts To Core Scientific Filing For Chapter 11 Bankruptcy

Core Scientific is filing for Chapter 11 bankruptcy protection in Texas on Wednesday, December 21. It is one of the largest publicly listed crypto mining companies in the U.S. Core Scientific has deci...

Mercedes-Benz Hints at Metaverse, NFT Plans in Trademark Filing

The latest automotive business with moves in the metaverse is German company Mercedes-Benz Group AG. The company has recently filed for five metaverse and NFT-related trademark applications with the U...

Auros bankruptcy protection filing shows it lost $20m to FTX

Auros’ bankruptcy protection filing shows the decentralized finance project lost $20 million to the now-defunct FTX exchange. The firm has filed a liquidation request in a British Virgin Islands court...

Filing In LBRY Case Shows SEC Wants To Kill Crypto & Ripple

On November 7, 2022, the district court in New Hampshire granted summary judgment in favor of the U.S. Securities and Exchange Commission (SEC) against the blockchain payment network LBRY. This was th...

Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing – Bitcoin News

According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection — FTX co-CEO Ryan Salame told Bahamian a...

Court filing reveals FTX co-CEO Ryan Salame blew the whistle

FTX co-CEO Ryan Salame tipped off Bahamian regulators on Nov. 9 that the exchange was sending its customers’ funds to Alameda Research, according to a Dec. 14 court filing. Salame told the Securities ...

Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing

Court filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an “unfair” trading advantage as well as unprecedented access to...

CFTC declares Ether as a commodity again in court filing

The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a commodity, this time in a Dec. 13 court filing — in contrast to statements from chief Rostin Behnam on Nov. 30 sugges...

CFTC Deems Ethereum A Commodity In Recent Court Filing

Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Fu...

CFTC again calls Ethereum [ETH] a commodity in a court filing, details inside

The Commodity Futures Trading Commission (CFTC) has again called the ETH coin a commodity in a court filing on 13 December. It has given rise to speculation that Bitcoin (BTC) is the only cryptocurren...

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried – Bitcoin News

On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer depos...

SBF claims law firm Sullivan & Cromwell pressured him into bankruptcy filing for legal, consultancy fees

Former FTX CEO Sam Bankman-Fried (SBF) claims in his planned testimony before the U.S. House of Representatives Committee on Financial Services that he was pressured into filing for bankruptcy for the...

FTX filing alleges Bahamas authorities coordinated with Bankman-Fried

Attorneys representing the current leadership of FTX, those representing the Bahamas-based trading operation still controlled by former CEO Sam Bankman-Fried, and the Bahamian government are all wrang...

Bitcoin miner Argo accidentally said it’s filing for Chapter 11, but is actually trying to avoid that fate by selling assets

Bitcoin miner Argo is looking to sell assets and get a loan as it seeks to avoid bankruptcy as it runs low on cash and after it accidentally published a document implying it would file for Chapter 11....

Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’ – Bitcoin News

According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablec...

Aptos Lab Filing Was Resolved, CEO Of Kalos Labs Says 

CEO of Kalos Labs, Shari Glazer, recently sued Aptos Lab CEO Mohammad Shaikh, who was deprived of her fair share of equity in the new firm. After many discussions, now Glazer said the case was resolve...

The biggest tax changes to know before filing your 2022 return

Tom Werner | DigitalVision | Getty Images Certain tax credits have been reduced  One possible reason for a smaller tax refund is the child tax credit and the child and dependent care tax credit have b...

Another Bankruptcy Filing in Crypto World — BlockFi Insolvency

Join Our Telegram channel to stay up to date on breaking news coverage On November 28th, cryptocurrency exchange BlockFi became the latest victim of the avalanche of failures that began with the implo...

Parties Start Filing Replies to Oppositions to Motions for Summary Judgment

Alex Dovbnya The case is inching close to a resolution, with both parties filing their replies to the oppositions to the motions for summary judgement under seal Ripple and the U.S. Securities and Exc...

Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report

The bankrupt crypto lending platform BlockFi is suing Sam Bankman-Fried’s holding company to recover collateral. According to a recent complaint filed in a court in New Jersey, BlockFi says it “seeks ...

Disgraced FTX Founder Says Filing for Bankruptcy Was A Mistake

Sam Bankman-Fried, the disgraced founder of crypto exchange FTX has been making partial appearances on Twitter and shall be supposedly speaking on Wednesday, November 30, in his first public appearanc...

BlockFi Owes $1 Billion to Just Three of Its Largest Creditors: Bankruptcy Filing

BlockFi Inc. owes more than $1 billion to three of its largest creditors, including $30 million it has yet to pay the U.S. Securities and Exchange Commission as part of the $100 million settlement tha...

Crypto Lender BlockFi Filing for Bankruptcy and Conducting Major Layoffs as FTX Contagion Claims Another: Source

The FTX contagion has just claimed another crypto firm. BlockFi will file for Chapter 11 bankruptcy protection later today, a source at the company tells Decrypt. In an official announcement, the New ...

BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing ⋆ ZyCrypto

Advertisement &nbsp &nbsp The digital asset lender is the latest victim of FTX contagion. BlockFi is planning to lay off two-thirds of its staff in bankruptcy restructuring. C...

BlockFi Bankruptcy Filing Reveals an Unsettled $30M to SEC

18 seconds ago | 2 mins read Exchange News Ankura Trust Company is the largest creditor to US SEC. BlockFi settled $20 million to SEC in the first two payments. This year, the cryptocurrency markets w...

BlockFi bankruptcy filing triggers a wide range of community reaction

As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current bear market.  Despite BlockFi citing th...