BANKRUPTCY
Bitfarms Settles Debt with BlockFi
Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Voyager Digital Subpoenas FTX Executives
Kirkland & Ellis, Voyager Digital's attorneys, subpoenaed FTX co-founders Sam Bankman-Fried and Gary Wang, former Alameda Research CEO Caroline Ellis, and FTX executive Ramnik Arora for DOJ and SEC case papers.
Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors
Sam Bankman-Fried may still use non-encrypted texting and phone services, save WhatsApp, which he can use under supervision.
Genesis creditor reveals new proposed restructuring plan that will see creditors getting back
DCG is giving its ownership investment in a Genesis trading firm to the insolvent crypto lender's worldwide parent company.
FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case
CEO John Ray testified for FTX bankruptcy judge John Dorsey on a request to appoint an independent examiner.
Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy
In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.
FTX seeks to recover political donations made by Sam Bankman-Fried
FTX's new management wants to reclaim Sam Bankman-Fried and other executives' political contributions from February 28.
Property linked to FTX customer funds pulled from market
The seller withdrew a property tied to Sam Bankman-political Fried's expenditures.
Core Scientific to Pay Outstanding Debt with Mining Machines
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
Celsius' Official Creditor Committee Denies Rejected Bids
Celsius Official Committee of Unsecured Creditors attorneys have criticised crypto blogger Tiffany Fong for releasing information about prospective Celsius offers, saying it would hurt negotiations.
U.S. District Court Hears Sam Bankman-Fried
Sam Bankman-lawyers Fried's want FTX's money released from bail.
Creditors owed money by FTX
FTX lawyers submitted its creditor matrix to the U.S. Bankruptcy Court on Jan. 25. The 115-page document lists creditors alphabetically. Airlines, hotels, charities, banks, venture capitalists, and media are creditors.
Digital Surge narrowly avoids collapse
Digital Surge creditors agree five-year rescue plan to keep exchange running. KordaMentha will pay creditors from the exchange's quarterly net earnings over five years. Customers were sent the rescue plan on December 8.
BlockFi to Sell $160 Million in Bitcoin Mining Machine
BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.