Grayscale Bitcoin Trust sold off a significant portion of its Bitcoin in January, Celsius to return over $3B to creditors, and $900M in tokens to be unlocked in February. [...]
The firm’s CEO Chris Amani says bankruptcy protections could help appeal the suit brought against it by the SEC, effectively eliminating “the single largest claim against it.” [...]
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates. [...]
Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money. [...]
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy. [...]
A filing in bankruptcy court from Florida’s Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex. [...]
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Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank. [...]
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The first hearing in Genesis Capital’s bankruptcy case will be held on January 23, according to court filings. [...]