The U.S. bankruptcy court in Delaware held a hearing into the bankruptcy of FTX, Alameda Research and the countless other appendages of the once mighty crypto empire of Sam Bankman-Fried.
Argo Blockchain was delisted on December 9 after ‘accidentally’ publishing a statement saying it’d file Chapter 11 bankruptcy, but says it’s now restructuring amid relisting.
Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.
Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what happens next.
Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made it the latest bear market casualty.
Voyager at first claimed that it had $350 million at the Metropolitan Commercial Bank, even as it called out the “wolf in sheep’s clothing” that is Sam Bankman-Fried.
Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses depend on the success of its wholly owned digital currency mining subsidiary, Celsius Mining.