The biggest news in the cryptoverse for Nov. 17 includes the high selling tendency of Bitcoin holders older than 10 years, SBF’s $1.6 billion personal loan from Alameda Research, and Bitcoin and Ether...
Tag: filing
New FTX CEO Blasts Sam Bankman-Fried In Court Filing
In sharp criticism of Sam Bankman-Fried’s style of management, the new FTX CEO John Ray revealed his stance on the company’s activities. Ray said the FTX situation was unlike any corporate failure he ...
10 crazy things detailed in FTX’s bankruptcy filing
On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in U.S. bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankrup...
FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others
A Nov. 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in personal loans from Alameda Research. The ...
Bahamian liquidators reject validity of FTX’s US bankruptcy filing
Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in the Bahamas, has called into question the validity of a Chapter 11 bankruptcy fi...
Alameda Secretly Exempted from FTX’s Auto-Liquidation Engine: Court Filing
The revelations surrounding FTX’s downfall continue with full force. Now, according to the most recent court filings, Alameda Research – SBF’s trading firm, had some privileges. The trading firm of Sa...
FTX New CEO Reveals More SBF Scandals In Court Filing
The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried ...
FTX Fraud: More Bombshell Revelations in New Bankruptcy Filing
Key Takeaways A filing from FTX’s new CEO has more thoroughly revealed the shocking state of the company’s finances. New FTX CEO John J. Ray III, who oversaw Enron’s dissolution, wro...
FTX New CEO John Ray Reveals More Scandals In Court Filing
The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried ...
BlockFi Mulls Bankruptcy Filing and Layoffs in Wake of FTX Collapse, Met With Binance
In brief BlockFi has retained an advisor to look into a possible Chapter 11 bankruptcy filing, has approached Binance for help, and is looking at likely layoffs, sources told Decrypt. The crypto lende...
BlockFi on the Brink of Filing Bankruptcy: Report
In July, FTX signed a deal with BlockFi to provide a revolving credit facility. NestCoin is in trouble after the FTX bankruptcy filing. FTX Exchange collapse has affected over 150 companies, inclu...
Find Here The Details What’s Inside FTX’s New Filing
FTX filed a Motion that says there could be more than one million creditors in the Chapter 11 cases. FTX operated the world’s second largest cryptocurrency exchange with its FTX.us and FTX.com platfor...
BlockFi prepares for a bankruptcy filing
BlockFi, in the midst of FTX’s liquidity contagion, as a result of previous transactions between the two platforms is now in danger of declaring bankruptcy itself. FTX initiates bankruptcy proceedings...
FTX’s ex-CEO Sam Bankman Fried claims Alameda had more assets than liabilities just a few days before bankruptcy filing
Ex-FTX CEO Sam Bankman Fried said in a recent tweet that Alameda had more assets than liabilities as of Nov. 7, just a few days before it filed for bankruptcy, but noted that the assets were not liqui...
BlockFi preps possible Chapter 11 bankruptcy protection filing: WSJ
Crypto lending firm BlockFi is preparing for a possible Chapter 11 bankruptcy protection filing, according to the Wall Street Journal. The firm also plans to conduct layoffs, the journal reporte...
Future implications of FTX’s bankruptcy filing for crypto assets – crypto.news
The collapse of FTX, a crypto exchange that was earlier this year valued at $32 billion and made famous by a Super Bowl commercial starring comedian Larry David, has left the crypto market in a state ...
Sam Bankman-Fried Tried to Raise Funds Despite Bankruptcy Filing: Report
Sam Bankman-Fried, the former CEO of the now-bankrupt FTX, tried to rally financial support for his beleaguered crypto exchange. This comes as the platform is facing bankruptcy amid an $8 billion blac...
FTX bankruptcy filing speculates over 1M creditors
The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days. On Nov. 14, a new documen...
FTX Filing Reveals New Leadership, Could Have 1 Million Creditors
Bankruptcy proceedings against FTX are off to a delayed start, following the filing of its first-day motions yesterday. Required to formally commence proceedings, these documents describe the events l...
FTX could have over 1 million creditors, bankruptcy filing shows
FTX’s creditors across its many subsidiaries could be more than 1 million, details in court documents filed on Monday suggests. Sam Bankman-Fried’s FTX and its over 100 affiliate companies filed for C...
FTX Might Have More Than One Million Creditors According to an Updated Filing
Sam Bankman-Fried, the CEO of the bankrupt cryptocurrency exchange FTX, is probably one of the world’s most hated people right now. After being hailed as the savior of doomed projects, possible person...
FTX says could have over 1 million creditors in new bankruptcy filing
FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonatha...
Buterin may have sold nearly $4 million in ether after FTX bankruptcy filing
A wallet known to be associated with Ethereum founder Vitalik Buterin sold 3,000 ether early Saturday, less than 24 hours after crypto exchange FTX filed for bankruptcy protection, according to Ethers...
FTX saga unravels more after the crypto exchange’s bankruptcy filing
The bankruptcy filing of crypto exchange FTX on Friday did not stop the chaos surrounding the once prominent and trusted crypto trading venue. Since the filing that included 135 affiliated companies, ...
Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing – Featured Bitcoin News
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptc...
NYDIG Executives Noted Bitcoin’s Importance and FTX Bankruptcy Filing
Prominent bitcoin (BTC) company, NDYIG released an article written by co-founder and executive chairman Ross Stevens and research head Greg Cipolaro. The article titled “Through the Looking Glass: The...
Desperate FTX customers may have exploited NFT-linked loophole to recover funds before bankruptcy filing
FTX’s bankruptcy means some customers will have to wait months, or even years, to regain their deposits, assuming they can at all. A daring few apparently didn’t want to take that chance. According to...
AZA Finance Issues Correction to Erroneous Inclusion in FTX Chapter 11 Bankruptcy Filing
LONDON–(BUSINESS WIRE)–Statement from Elizabeth Rossiello, CEO and founder of AZA Finance, on the FTX Chapter 11 Bankruptcy filing: “I was shocked and disappointed to see that FTX named BTC Africa S.A...
News of FTX Wavers Towards Filing Bankruptcy
SBF owned FTX upsets investors and users. Struggling with problems of liquidity with continuous decline seen in FTT token. The crypto exchange can file bankruptcy. Introduction The crypto ...
FTX Filing for Chapter 11 Bankruptcy, SBF Stepping Down
Key Takeaways FTX and its affiliated companies have filed for Chapter 11 bankruptcy. Sam Bankman-Fried is also stepping down from his role as FTX CEO and will be replaced by John J. Ray III The news c...
Coinbase Stock (COIN) Leaps in Response to FTX Bankruptcy Filing
Top US crypto exchange Coinbase (COIN) is seeing its stock rise in the aftermath of the FTX Exchange collapse. Coinbase’s shares opened at $47.53 and fell to $46.25, but after news broke that FTX had ...
FTX.US seems to have paused withdrawals on Ethereum hours after filing for bankruptcy
Facing bankruptcy, FTX.US seems to have stopped withdrawals on ERC-20 tokens, according to blockchain data. As of writing, the wallet address associated with FTX.US had not processed any outgoi...