bankruptcy

Tracing centralized missteps to the industry’s push for transparency and stability

FTX is still in bankruptcy proceedings, but the process is set to come to an end fairly soon

FTX “never had the crypto” to make in-kind distributions, witness says at FTX’s confirmation hearing

A former Silvergate exec said the shuttering wasn’t due to the bank being ill-equipped to deal with bank runs post-FTX, but rather because of the regulatory environment

BlockFi and FTX both seem to be nearing the end of their bankruptcy proceedings

Plus, tying up the loose ends of crypto’s bankruptcies

There’s yet another Sam Bankman-Fried book out there, and I think you should read it

As part of the settlement, FTX and Alameda are banned from having any digital asset commodities, which include bitcoin, ether and USDT

Plus, FTX creditors can soon vote on the distribution plan proposed by debtors, and it isn’t a fan favorite

FTX debtors will pay the IRS $200M, with an outstanding lower priority claim of $685M

The Mt Gox distributions may cause more downward pressure on bitcoin cash than bitcoin, Galaxy says

Would you rather have $88,000 or $17,400?

FTX seems to be nearing the finish line almost two years after initiating the bankruptcy process

While the current plan reflects progress, it represents a draft with “many blanks,” lawyer says

Jane Street, a Mubadala-linked fund and Fidelity-linked funds are some of the top buyers, according to court documents

Terraform Labs and the SEC are expected to head to trial later this month

The agreement between the two bankrupt crypto companies awaits court approval

The hearings are expected to last for a couple of days as the court hears arguments for and against the bankruptcy plan proposed by Genesis

Judge John Dorsey approved the motion to sell, which was filed earlier this month

The parent company of bankrupt lender Genesis filed an objection to its settlement agreement with the NYAG on Wednesday

A lawyer for Genesis put the value of the Grayscale shares around $1.6 billion

The company repaid over $1 billion in debt, according to the letter

CoinList plans to buy the company, which holds a South Dakota license to offer custody services

DCG says the plan “strips” the company of “other valuable economic and corporate governance rights”