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FTX BANKRUPTCY

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions
Ftx Bankruptcy

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions

Wintermute criticizes Near Foundation and Aurora Labs for failing to fulfill USN redemption commitments, resulting in significant unredeemed funds. Seeking legal recourse and remaining adversarial if resolutions fail.

FTX debtors report over $4 billion in scheduled assets
Ftx Bankruptcy

FTX debtors report over $4 billion in scheduled assets

FTX debtors have reported over $4 billion in scheduled assets among various company silos as of November 2022 in a filing with the United States Bankruptcy Court. The report revealed that Alameda Research held the majority of scheduled assets but had "potentially material claims that have been filed as undetermined," while the data surrounding cryptocurrency holdings or transactions was limited.