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Bankruptcy

FTX Battles to Devalue “Sam Coins” in Bankruptcy Case, Investors Push Back

According reports, cryptocurrency exchange FTX is fighting tooth and nail to devalue claims on certain digital tokens, dubbed “Sam Coins,” entangled in an ongoing bankruptcy saga. The exchange contends that...
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FTX Bankruptcy Lawsuit Alleges Firm Sullivan and Cromwell’s Complicity

Report has it that a class-action lawsuit has been filed against Sullivan and Cromwell (S&C), the law firm responsible for handling the bankruptcy proceedings of FTX, alleging its deep involvement...
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FTX Estate Submits Revised Bankruptcy Plan in Effort to Resolve Collapse

The estate of the defunct cryptocurrency giant, FTX, has lodged a revised proposal aimed at settling its bankruptcy woes with a Delaware court, as revealed in a filing made public...
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Bankruptcy Advisors of Collapsed Crypto Exchange FTX Accused of Sharing Customer Information with FBI

In a startling revelation, court records have shown that bankruptcy advisors overseeing the aftermath of the collapsed cryptocurrency exchange FTX allegedly provided customer information to the United States Federal Bureau...
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SEC Opposes Celsius Network’s Plan to Involve Coinbase in Bankruptcy and Reorganization

On Monday, the United States Securities and Exchange Commission (SEC) voiced its objection to Celsius Network’s proposal involving Coinbase as part of its bankruptcy and reorganization plan. The move came...
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Bankrupt Crypto Exchange FTX Temporarily Halts $500 Million Sale of Anthropic Stake Amidst Bankruptcy Proceedings

FTX’s Sale of $500 Million Stake in AI Startup Anthropic Paused Amid Bankruptcy Proceedings FTX, the crypto exchange facing bankruptcy, has temporarily halted the sale of its highly sought-after $500...
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