Debtors
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Blockchain
FTX debtors report over $4 billion in scheduled assets
FTX, the cryptocurrency exchange founded by Sam Bankman-Fried, filed for Chapter 11 bankruptcy protection in November 2022 following allegations of…
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Bitcoin
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders – Bitcoin News
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion…
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Ethereum
FTX Debtors Launch Lawsuit Against Grayscale, Says Crypto Titan Charged $1,300,000,000 in Exorbitant Fees
Debtors of the bankrupt digital asset exchange FTX have filed a lawsuit against crypto giant Grayscale in Delaware. Alameda Research,…
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Bitcoin
FTX Debtors Sue Grayscale Investments And Its Executives
Grayscale’s CEO as well as owners Digital Currency Group and Barry Silbert allegedly violated trust agreements, according to the lawsuit.…
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Bitcoin
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation – Bitcoin News
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency…
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Bitcoin
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs – Bitcoin News
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures.…
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Bitcoin
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings – Bitcoin News
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy…
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Bitcoin
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX – Bitcoin News
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’…
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Bitcoin
FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda – Bitcoin News
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion…
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Bitcoin
FTX Discovers $5.5B in Liquid Assets Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators…
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