Bankruptcy

Embattled Zipmex files to extend creditor protection until April 2023
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23 November, 2022

Embattled Zipmex files to extend creditor protection until April 2023

The current creditor protection, granted in August, runs out on December 2, and each of the five Zipmex subsidiaries has...
Defiant Sam Bankman-Fried fueling jurisdictional fight over FTX assets
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21 November, 2022

Defiant Sam Bankman-Fried fueling jurisdictional fight over FTX assets

Another day, another flood of damning developments in the ongoing FTX debacle, with fears of contagion showing no sign of...
FTX, Daniel Friedberg, Stu Hoegner and (the other) Black Friday
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18 November, 2022

FTX, Daniel Friedberg, Stu Hoegner and (the other) Black Friday

The FTX meltdown revived the 2011 crackdown on the online gambling industry, where 11 high-stakes individuals and poker players from...
FTX’s new CEO John Ray reveals the extent of Sam Bankman-Fried’s malfeasance
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18 November, 2022

FTX’s new CEO John Ray reveals the extent of Sam Bankman-Fried’s malfeasance

John Ray, who was appointed after Sam Bankman-Fried resigned in disgrace last week, submitted a sworn statement ostensibly to take...
Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up
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15 November, 2022

Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up

Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.
FTX collapse: Full impact has yet to be seen—Bloomberg
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14 November, 2022

FTX collapse: Full impact has yet to be seen—Bloomberg

Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what...
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