Bankruptcy Proceedings

According to reports, according to the latest compensation report submitted to the bankruptcy court, lawyers and consultants received over $30 million in fees from FTX in February,

On April 7th, it was reported that the official Twitter account of Open Exchange (OPNX), a bankruptcy claims exchange founded by San Jian Capital founder Su Zhu and others, has ret

According to reports, some mainstream media oppose attempts by cryptocurrency exchange FTX to conceal the identities of non US clients during bankruptcy proceedings.
Bloomberg and

On April 1st, the Official Committee of Unsecured Creditors of Celsius (UCC) stated that it had appealed against Judge Glenn\’s decision to support preferred stock holders in client

According to reports, FTX Notification sent an email to some creditors, including customer codes and claimed assets, emphasizing that the court has not set a deadline for submittin

It is reported that Silicon Valley Bank was accused by shareholders of mismanagement, which led to the bank’s failure. This may be the first time that the bank has received a securities fraud lawsuit initiated by shareholders. Last Friday, the bank closed and went into bankruptcy proceedings, which caused great repercussions in the entrepreneurial community and deepened the uncertainty of the financial industry. In this lawsuit, Greg Becker, CEO of Silicon Valley Bank, and Daniel Beck, CFO, were listed as defendants. Silicon Valley Bank received the first fraud lawsuit from shareholders, and the CEO and CFO became defendants Analysis based on this information:The news of Silicon Valley Bank’s failure and subsequent bankruptcy proceedings has sent shockwaves across the business community. It has led to a securities fraud lawsuit initiated by shareholders accusing the bank of mismanagement, marking the first time such an accusation has been leveled against the bank. The lawsuit has named the CEO of Silicon Valley Bank, Greg…