Cryptocurrency Market

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  • Market Cap: $2,194,963,714,659.07
  • 24h Vol: $105,014,981,047.12
  • BTC Dominance: 55.95%

Bankruptcy

ftx-debtors-demand-return-of-funds-given-to-us-politicians-and-super-pacs

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs

Leave a Comment / $70.1 million, $90 million, American politicians, Angie Craig, Bankruptcy, Bankruptcy Court, Bill Cassidy, Bitcoin, bribes, Bureaucrats, Charitable organizations, Charity, co-founder, confidential letters, Crypto Hacked, crypto lobbying, Cryptocurrency, D.C., D.C.'s political elite, Democratic Senators, Election Cycle, Estimated, Ethereum, Feb. 28, Feb. 5, FEC, financial risks, ftx, FTX debtors, inception, Joe Manchin, John Boozman, lobbying, midterm election cycle, Minnesota representative, News, now-bankrupt FTX estate, one in three members of Congress, pledged, Political Corruption, political figures, political organizations, Press release, Repay, Republican senators, retail investors, retrieve funds, return of funds, Sam Bankman-Fried (SBF), senior FTX staff, Tina Smith, Top Executives, U.S. bureaucrats, U.S. PACs, Unusual Whales, Washington / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds […]

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Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research 

Leave a Comment / 1.2 billion, Alameda Research, annualized basis, bankrupt firms, Bankruptcy, Bitcoin, Blockfi, Blockfi Bankrupt, Blockfi Bankruptcy, business entity, Chapter 11 bankruptcy protection, cnbc, community, Crypto Hacked, Crypto lender, crypto lending industry, Cryptocurrency, Drama, Ethereum, Exposure, financial documents, financial misrepresentation, Flori Marquez, ftx, FTX.US, hidden exposure, independent, independent entity, July 2023, line of credit, loans, M3 Partners, MacKenzie Sigalos, New Jersey, News, Payroll, request for comment, Scrutiny, Staff Members, ties, Top Executives, undisclosed, unredacted documents, zac prince / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2

Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research  Read More »

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Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

Leave a Comment / Bankruptcy, Bitcoin, CFTC, Chapter 15 Bankruptcy, Coinflex, communicating, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Exchange, Executive, financial, GTX, hedge fund, investigate, investment, Kyle Davies, legal, legal violations, liquidators, mock, News, pitch deck, recent, restructuring, SEC, Seychelles, Social Media, Speculation, Su Zhu, Subpoenas, Three Arrows Capital, Twitter, violation, vocal, website / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch Deck

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny Read More »

osprey-vies-for-control-of-grayscale’s-bitcoin-trust;-tron’s-justin-sun-offers-to-invest-up-to-$1b-on-dcg-assets

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Leave a Comment / 1 billion, Accusations, Assets, Bankruptcy, Barry Silbert, Bitcoin, bitcoin trust, ceo, Charges, Collaboration, Congress, Crypto, crypto assets, Crypto Hacked, crypto industry, Cryptocurrency, DCG, denial, Digital Currency Group, ETF, Ethereum, ETP, evaluation, ftx, Gemini, genesis, grayscale, help, Interest, investment, justin sun, Lawsuits, legal dispute, Letter, listing, loan, Management, News, non-DCG-affiliated, NYSE, offering, Osprey, preservation, Regulators, Sam Bankman-Fried, SEC, Shareholders, situation, sponsor, stakeholders, tron, unregistered, Valkyrie, Winklevoss / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets Read More »

bankruptcy-court-terminates-ftx-naming-rights-agreement-for-miami-heat-arena

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

Leave a Comment / agreement, Arena, Bankruptcy, Bitcoin, contract, Court, Crypto, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Deal, Ethereum, Exchange, Exchanges, ftx, FTX Arena, Judge, miami, Miami Heat Arena, Miami-Dade County, Naming Rights, order, partner, partnership, sponsor, Sponsorship, stadium, termination / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021. FTX Signage and Advertising to Be Removed From Downtown Miami Sports

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ftx-co-founder’s-alleged-extravagance-comes-to-light-in-bankruptcy-court-documents

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents

Leave a Comment / alameda, Albany, Bankruptcy, Bankruptcy filings, beach resort, Bitcoin, creditors, criminal defense, Crypto Hacked, Cryptocurrency, economic loss, Ethereum, Flights, Food, ftx, FTX Bankruptcy, FTX collapse, Grand Hyatt, Hotels, Jimmy Buffett, lavish spending, living accommodations, luxury penthouse, Margaritaville, News, quantitative trading, Robinhood, Rosewood, Sam Bankman-Fried, sbf / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes more than $55,000 to Jimmy

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three-arrows-capital-founders-served-subpoenas-via-twitter-in-bankruptcy-process

Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process

Leave a Comment / 3ACLiquidation, artificial intelligence software, Bankruptcy, bankruptcy process, Bitcoin, Chapter 15, controversy, creditors, Crypto Hacked, Cryptocurrency, Digital Currency Group, Email, Ethereum, federal court, Founders, ftx, Gemini, genesis, hedge fund, jpg copies, Kyle Davies, liquidation process, liquidators, liquidity problems, litigation firm, LUNA incident, News, nic carter, Su Zhu, subpoena procedure, Subpoenas, Three Arrows Capital, Twitter, Twitter-issued subpoena, unredacted copy, UST depegging, Wikileaks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter in 2018. Founders of Defunct Crypto Hedge Fund Contacted Electronically

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us-bankruptcy-court-rules-celsius-deposits-belong-to-the-firm

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

Leave a Comment / Bankruptcy, Bitcoin, Blockfi, Celsius, Chapter 11, creditors, Crypto Hacked, Cryptocurrency, Ethereum, ftx, Martin Glenn, Ownership, Regulation, US / / / , , , , , , , , ,

A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar cases involving crypto companies like Blockfi and FTX. Celsius Obtains Ownership of

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