News with the tag "Bankruptcy Filings"

Mt. Gox creditors have reported seeing bitcoin and bitcoin cash payment updates on the trustee's rehabilitation claims system.

FTX CEO John J. Ray lll was paid $1,575 an hour last month, according to a court document filed on Thursday.

Claims will likely be due in June, according to a meeting of FTX's Bahamian liquidators, with repayments to start about six months later.

FTX chief John J. Ray III disputed former leader Sam Bankman-Fried’s claim that there was no harm to customers in the platform’s collapse.

Bankrupt crypto lender BlockFi has reached a $874.5 million in-principle settlement with FTX and Alameda Research, according to a filing.

The SEC has asked a US bankruptcy court to deny Terraform Labs’ retention of Dentons as its special counsel in a filing submitted Tuesday.

Bankrupt lender Celsius has distributed $2 billion worth of crypto to creditors, including over 20,000 BTC and 300,000 ETH, the firm said.

The original seller is putting up the financing to buy back the company from FTX, which has no use for its valuable license.

A U.S. Bankruptcy Court approved a settlement between BlockFi and Three Arrows Capital, with the settlement details remaining sealed.

The company, which also seeks to liquidate $200 million in Ethereum and Ethereum Classic trust shares, also filed to speed up the motion.