The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.
The deals likely represent advertising and sponsorship deals that the media companies may not be paid back for, as well as services or subscriptions. By Alex Weprin Senior Editor The bankruptcy of ...
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Silvergate $10M settlement opens claims for FTX-linked depositors
FTX and Alameda investors have until Jan. 30 to file claims for a $10 million settlement against Silvergate Bank.
FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for ...
The beginning of payments to customers from the imploded cryptocurrency exchange FTX underscores the possibility that the wealth amassed by the convicted mogul Sam Bankman-Fried was sufficient to make ...
According to a report from Bloomberg, the ongoing bankruptcy case of the collapsed cryptocurrency exchange/pseudo ponzi scheme FTX has racked up nearly $1 billion in lawyer fees—and that figure ...
(Bloomberg) -- John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect bonuses totaling $41 million. Ray — who ...
Kroll Restructuring Administration LLC moved to dismiss or arbitrate class claims over a 2023 data breach affecting customers in three large cryptocurrency business bankruptcies, saying the suit is ...
FTX’s Caroline Ellison Quietly Released: 11 Months Behind Bars For One Of Crypto’s Biggest Collapses
Caroline Ellison released early after FTX collapse, aiding conviction of Sam Bankman-Fried through Alameda CEO testimony.
The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate said ...
In January 2024, the U.S. Court of Appeals for the Third Circuit found in FTX Trading Ltd., 91 F.4th 148 (3d Cir. 2024) that, if certain statutory requirements are met, appointment of an examiner ...
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