Tags: Bankruptcy

The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said.

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate in the mediation.

FTX Exchange Objects to Prolonged Mediation Talks with Bankrupt Genesis – Here‘s the Latest

A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.

TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX.

DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.

The author didn’t want to give away too many details on the book, but did note that his recounting of the FTX collapse "aims to read like a piece of fiction."

The deal was announced in April and approved by the bankruptcy judge on May 4.

FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company.

Gavel Justice Legal (Unsplash)

Voyager Digital Customers Will Recover 35 of Their Crypto Deposits

The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors.

A bankruptcy judge ruled on the BlockFi case (Pixabay)

A bankruptcy judge ruled on the BlockFi case (Pixabay)

Crypto Exchange QuadrigaCX Former Users Set to Receive 13 on the Dollar in Bankruptcy Proceedings

The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019.

Return of funds does not apply to users of interest-bearing accounts, ruled U.S. bankruptcy judge Michael Kaplan.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Bittrex plans to bankroll its bankruptcy case with Bitcoin loans from its parent company Aquila Holdings.

The settlement plan proposed in February would give Genesis creditors 80 recovery of funds but many raised demands, leading to the mediation.

(Unsplash)

The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange.