The settlement is subject to approval by U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware. BlockFi and FTX had sued each other in 2023, seeking to recover money they had loaned each other ...
Deserve, a credit card software company valued at $500 million in 2021, has faced a series of challenges–including having its ...
FTX and BlockFi claimants received legit-looking fraudulent emails luring them with a promise of instant withdrawals.
A sophisticated email phishing operation targeting creditors of bankrupt crypto firms BlockFi and FTX has successfully ...
FTX's bankruptcy filing hints at $3-5 billion U.S. government claims, aiming for efficient resolution of customer ...
Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and contradicting a "reckless and false" ...
Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, ...
Companies heavily impacted by FTX and Three Arrows Capital (3AC) sagas have recently had developments in their bankruptcy proceedings. Earlier this month, BlockFi, a crypto lending protocol with close ...
Two mainstay venues of the Sundance Film Festival are at risk after their owner declared bankruptcy. Metropolitan Theaters Corporation, a Los Angeles-based company that operates both the Redstone ...
Shares of Fisker Inc. were suffering a record selloff on Thursday, after a report said the embattled EV maker is exploring a bankruptcy filing. The Wall Street Journal reported that Fisker FSR ...
Soon after FTX and Alameda fell apart, so did BlockFi. It halted withdrawals, swaps, and transfers and declared bankruptcy. Collectively, these setbacks highlighted the complexities of navigating ...
The largest global industrial wood pellet supplier filed for Chapter 11 bankruptcy protection on Wednesday, announcing its intention to cut about $1 billion of debt by restructuring agreements ...