bankruptcy
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SBF Refuses to Testify in Bankruptcy Case of Voyager Digital, Cites Legal Concerns
On February 22, according to Bloomberg News, Sam Bankman-Fried (SBF), the former chief executive of FTX, refused to testify in the bankruptcy case of Voyager D…
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The Downfall of FTX: A Case of Financial Investigation by CoinDesk
On February 21, the George Polk Awards awarded the Financial Report Award to Ian Allison and Tracy Wang of CoinDesk, in recognition of their news about the sit…
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The Cryptocurrency Exchange FTX Bankruptcy and the Possible Confiscation of $700 Million: An Interpretation
It is reported that according to SBF, the former chief executive of the cryptocurrency exchange FTX, after his company went bankrupt and was arrested on suspic…
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Former CEO of FTX Has Only $100k Left As US Federal Prosecutor Seizes Up To $700m
On February 19, according to SBF, the former chief executive of the cryptocurrency exchange FTX, after his company went bankrupt and was arrested on suspicion …
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Compute North’s Bankruptcy Protection Approved by a Federal Judge
It is reported that a federal judge approved the final restructuring plan of Compute North, a virtually dissolved cryptocurrency mining service company, which …
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Core Scientific Cuts Private Aircraft Spending Amid Bankruptcy
According to reports, the bankruptcy court documents submitted last week showed that the bankrupt Bitcoin mining company Core Scientific (CORZ) paid $1.65 mill…
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Celsius’ Incomplete Recordkeeping Leads to Uncertainty
It is reported that according to the court documents cited by CoinDesk, Celsius did not fully record about 7000 transactions between it and its affiliated comp…
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Auros Global’s Financial Woes Amplified by FTX Bankruptcy as Creditor M11 Credit Sets Stage for Restructuring
It is reported that the crypto trading company Auros Global is the victim of the bankruptcy of the crypto exchange FTX. Its main creditor, M11 Credit, said in …
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Celsius Bankruptcy Raises Questions About Cryptocurrency Market
It is reported that the lawyer of Celsius, the bankrupt cryptocurrency lender, said that the company may value its CEL Token at 20 cents, far below its current…
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FTX Transfers $7.7 Billion in Bahamas Assets to US Entities Before Bankruptcy Filing
It is reported that a Delaware bankruptcy court learned on Wednesday that before FTX filed for bankruptcy last year, it transferred $7.7 billion of the Bahamas…
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US Judge Rejects Motion for Independent Examiner in FTX Bankruptcy Case
It is reported that at the hearing on Wednesday, a US judge rejected the motion to appoint an independent examiner to investigate the FTX bankruptcy case.
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FTX Turkey Removed from FTX Bankruptcy Case
It is reported that the judge of the Delaware Bankruptcy Court approved the removal of its Türkiye subsidiary FTX Turkey from the FTX bankruptcy case. After FT…
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BlockFi declares bankruptcy and sets up claims process deadlines
On February 14, BlockFi, the encryption and lending company that has filed for bankruptcy, tweeted today: \”From today on, BlockFi customers will receive import…