bankruptcy
- USA
Alex Jones proposes $55 million legal debt settlement to Sandy Hook families
Conspiracy theorist Alex Jones’ latest bankruptcy plan would pay Sandy Hook families a minimum total of $55 million over 10…
Read More » - Technology
An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to create a secret backdoor to let Alameda borrow $65B of clients' money (Pete Syme/Insider)
Pete Syme / Insider: An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to…
Read More » - Technology
Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders' shares; Genesis is among FTX's largest bankruptcy assets (Wall Street Journal)
Wall Street Journal: Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders’ shares; Genesis is…
Read More » - Technology
A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M held by the Bahamas or "illiquid cryptocurrency tokens" (Nikhilesh De/CoinDesk)
Nikhilesh De / CoinDesk: A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M…
Read More » - Technology
A US bankruptcy judge approves Voyager's plan to sell its crypto platform to Binance.US for $20M, overruling objections from federal regulators and some states (Steven Church/Bloomberg)
Steven Church / Bloomberg: A US bankruptcy judge approves Voyager’s plan to sell its crypto platform to Binance.US for $20M,…
Read More » - Technology
FTX's bankruptcy executives are seeking to recoup Sam Bankman-Fried's and FTX's charitable donations; FTX's Future Fund pledged $160M+ to over 110 nonprofits (Eric Wallerstein/Wall Street Journal)
Eric Wallerstein / Wall Street Journal: FTX’s bankruptcy executives are seeking to recoup Sam Bankman-Fried’s and FTX’s charitable donations; FTX’s…
Read More » - Technology
Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260 workforce in 2022, and is considering filing for bankruptcy (Wall Street Journal)
Wall Street Journal: Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260…
Read More » - Technology
Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)
Eliza Gkritsi / CoinDesk: Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest…
Read More » - Technology
Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and a $35M loan (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk: Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility…
Read More »
