FTX creditors invited to bid on Solana tokens in new auction format
FTX creditors have been urged to participate in the defunct exchange’s bankruptcy estate’s planned auction of its remaining Solana token holdings.
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Bankruptcy
FTX empties FTT treasury wallet, transferring assets worth over $250 million
The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18.
Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet include 195.
FTX discount sale of $1.9 billion locked Solana faces creditor fury
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SEC begins multi-billion dollar fraud trial against Terraform Labs, Do Kwon
In a dramatic opening to a much-anticipated trial, the US SEC cast Terraform Labs and its co-founder, Do Kwon, as central figures in a vast financial deception that left investors nearly destitute following its collapse, Reuters reported on March 26.
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Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
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John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims
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Crypto Hedge Fund Bankruptcy: 3AC Co-Founder ‘Not Sorry’
Kyle Davies, the co-founder of the now-bankrupt Three Arrows Capital (3AC), recently joined the Unchained Podcast to discuss the crypto community’s opinion of him, why he isn’t sorry that the crypto hedge fund went bankrupt two years ago, and his prison sentence.
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Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse
Bankrupt crypto lender Celsius Network is seeking the return of over $2 billion withdrawn by major customers shortly before its bankruptcy declaration in July 2022, according to a release shared with CryptoSlate.
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Montenegro court rejects Do Kwon’s appeal, clears way for extradition to South Korea
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Genesis and Gemini’s Earn program closure leads to $2 billion settlement offer for affected users
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Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations
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Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns
A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by the company’s creditors and the SEC.
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Pantera eyes $250 million in discounted Solana tokens from FTX estate
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