bankruptcy

FTX Bankruptcy Sparks Worldwide Disputes Between Governments and New CEO

FTX Bankruptcy Sparks Worldwide Disputes Between Governments and New CEO
FTX Bankruptcy Sparks Worldwide Disputes Between Governments and New CEO
December 04, 2022  |  Cryptocurrency

The fall of FTX has reportedly set off clashes between its CEO and overseas regulators. John J. Ray III took over as FTX’s chief executive...

READ MORE >
Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
Crypto Exchange Gemini Seeks to Recover $900M Invested in Genesis
December 04, 2022  |  Cryptocurrency

Crypto broker Genesis owes $900 million to the Winklevoss twins’ Gemini exchange. A report Saturday (Dec. 3) by the Financial Times (FT) says brothers Tyler...

READ MORE >
Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
December 04, 2022  |  Subscriptions

You might have thought that an online wine club would be impervious to consumers’ belt-tightening. News came last week that Winc filed for Chapter 11...

READ MORE >
DOJ Circles the Wagons on FTX
DOJ Circles the Wagons on FTX
December 02, 2022  |  Cryptocurrency

The U.S. Department of Justice wants an independent examiner to look into FTX.  In a Thursday (Dec. 1) filing in bankruptcy court, U.S. Trustee Andrew...

READ MORE >
FTX Collapse Has Historical Parallels; Will We Learn From Them?
FTX Collapse Has Historical Parallels; Will We Learn From Them?
November 30, 2022  |  Cryptocurrency

As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them. In much the same way as Shakespeare’s famous adage states...

READ MORE >
BlockFi Looks to Recoup $680M Lost in FTX Collapse
BlockFi Looks to Recoup $680M Lost in FTX Collapse
November 29, 2022  |  Cryptocurrency

BlockFi reportedly will try to collect $680 million from Alameda Research.  The bankrupt cryptocurrency lender told a federal judge that Alameda, the bankrupt trading operation...

READ MORE >
Crypto Creditors Clamor as FTX Employees Get Paid
Crypto Creditors Clamor as FTX Employees Get Paid
November 29, 2022  |  Cryptocurrency

Insolvent cryptocurrency exchange FTX doesn’t just owe its million-plus creditors money. The once-heralded crypto platform, formerly helmed by the now disgraced Sam Bankman-Fried (SBF), also...

READ MORE >
BlockFi Sues SBF to Reclaim Robinhood Shares
BlockFi Sues SBF to Reclaim Robinhood Shares
November 29, 2022  |  Cryptocurrency

BlockFi has sued FTX founder Sam Bankman-Fried to reportedly recover shares in trading firm Robinhood. The suit, filed in federal court in New Jersey, came...

READ MORE >