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bankruptcy

Sam Bankman-Fried escapes second trial; Binance’s Changpeng Zhao can’t escape US custody

Steven Stradbrooke

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3 January, 2024

Sam Bankman-Fried escapes second trial; Binance’s Changpeng Zhao can’t escape US custody

FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to...

Steven Stradbrooke

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1 November, 2023

Bittrex bankruptcy may turn a profit, thanks to KYC-phobic exchange customers

Owing to the unclaimed balances from users, with some voicing irritability over Bittrex's "super slow and disjointed" claims process, would...

Sam Bankman-Fried’s parents asked to pay back millions in FTX customer funds

Steven Stradbrooke

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20 September, 2023

Sam Bankman-Fried’s parents asked to pay back millions in FTX customer funds

The court-appointed FTX Debtors has filed a complaint in the U.S. Bankruptcy Court for the District of Delaware against Allan...

Steven Stradbrooke

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15 September, 2023

FTX asset sale plan approved, Sam Bankman-Fried says he cannot tell a lie

U.S. Bankruptcy Court Judge John Dorsey has approved the plan by FTX Debtors to start selling roughly $3.4 billion worth...

Ripple bails out Fortress Trust after hackers steal customer assets

Steven Stradbrooke

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13 September, 2023

Ripple bails out Fortress Trust after hackers steal customer assets

Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong...

Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’

Steven Stradbrooke

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16 August, 2023

Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’

After being forced into receivership, Prime Trust has filed for bankruptcy and seeks protection covering its parent company Prime Core...

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