Bankruptcy
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FTX victims go after company’s assets from criminal forfeiture
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Different groups have filed competing claims over some or all of the assets at issue in the criminal case against former FTX CEO Sam Bankman-Fried, who is ...

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FTX creditors object to bankruptcy reorganization plan
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A group of FTX creditors, led by Sunil Kavuri, has filed an objection to FTX’s bankruptcy reorganization plan. They reject it on several grounds, including ...

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Hometown Lenders’ National Expansion Collided Head On With Rising Rates
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In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20 million in tax credits and ...

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FTX reaches $200M settlement with IRS on tax bill
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Bankrupt crypto exchange FTX reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS).According to a June 3 ...

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Investigation finds FTX bankruptcy lawyer didn’t conspire with FTX
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An independent investigation into Sullivan & Cromwell LLP, the law firm that oversaw the FTX bankruptcy, found that the firm was unaware of the dire ...

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Bitcoin price tops $68K but a few concerning headwinds remain
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Bitcoin (BTC) last closed above $68,000 on April 11, despite trading above $67,000 several times in the past five days. Even as Bitcoin gains 2% on May 20, ...

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Genesis Gains Court Approval For $3 Billion Repayment Plan
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Bankrupt crypto lender Genesis Global Capital has secured court approval to commence its $3 billion repayment plan to its creditors. The decision ...

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Genesis Global secures court approval for $3B payout
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Bankrupt cryptocurrency lender Genesis Global has secured court approval to return about $3 billion in cash and cryptocurrency to its creditors. This ...

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‘Crypto King’ Aiden Pleterski faces fraud, money laundering charges
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Canadian police are charging self-declared “crypto king” and social media personality Aiden Pleterski with one count of fraud over $5,000 Canadian dollars ...

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Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
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While FTX’s new amended proposal promised “billions in compensation,” creditors are unhappy with a particular clause related to law firm Sullivan & ...

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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit
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Three high-profile American sports personalities have agreed to collectively pay $2.42 million to settle allegations that they helped promote the failed ...

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FTX addresses transferred $8.3M one day before amended proposal deadline
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Two wallets associated with the now-bankrupt FTX exchange and sister trading firm Alameda Research transferred a total of $8.3 million worth of ...

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