bankruptcy

Non-US Customers of FTX Forming Official Committee

Non-US Customers of FTX Forming Official Committee
Non-US Customers of FTX Forming Official Committee
December 13, 2022  |  Legal & Regulation

International customers of FTX.com are creating a committee to represent them in the firm’s Chapter 11 case. Customers from outside the United States have interests...

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FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
December 12, 2022  |  Cryptocurrency

The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  In prepared testimony that is to be delivered to the House...

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SBF Wants to Launch New Venture to Repay FTX Investors
SBF Wants to Launch New Venture to Repay FTX Investors
December 12, 2022  |  Cryptocurrency

Sam Bankman-Fried still thinks he can turn things around. In the FTX founder’s latest interview, given this weekend to the BBC, the one-time billionaire said...

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Federal Prosecutors Meet With FTX Bankruptcy Team
Federal Prosecutors Meet With FTX Bankruptcy Team
December 08, 2022  |  Cryptocurrency

FTX’s new CEO has reportedly met with federal prosecutors.  John J. Ray III — who was appointed FTX’s CEO last month — and bankruptcy lawyers...

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Judge: Celsius Must Refund $50M to Users
Judge: Celsius Must Refund $50M to Users
December 07, 2022  |  Cryptocurrency

A judge has ordered Celsius Network to return cryptocurrency in custody accounts to customers.  U.S. Bankruptcy Judge Martin Glenn told the bankrupt crypto lender that...

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SBF Taps Ghislaine Maxwell Attorney in FTX Case
SBF Taps Ghislaine Maxwell Attorney in FTX Case
December 07, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried hired a top New York defense lawyer to represent him. How he plans to pay for that defense, the former crypto...

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Robinhood CEO Unsure About FTX Founder’s Stake in Company
Robinhood CEO Unsure About FTX Founder’s Stake in Company
December 06, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried’s 7.6% stake in Robinhood is tied up in bankruptcy court. That’s according to Robinhood’s CEO, who told CNBC Tuesday (Dec. 6)...

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Bankruptcy Judge to Decide If Celsius or Clients Own Crypto
Bankruptcy Judge to Decide If Celsius or Clients Own Crypto
December 05, 2022  |  Cryptocurrency

A federal judge will soon decide who owns cryptocurrency in interest-bearing accounts.  In the bankruptcy case of crypto lender Celsius Network, U.S. Bankruptcy Judge Martin...

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