Bankruptcy – Paktweet

Legal Twist Three Arrows Capital CoFounders Citizenship Renunciation Disrupts Courts Jurisdiction in Bankruptcy Case

August 14, 2023

In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of…

FTX invites investors to register interest to restart rebranded exchange report

Monika Gho...June 28, 2023

Investors eager to help FTX reboot its global exchange must register their initial interest this week, the Wall Street Journal reported on June 28, citing sources familiar with the matter.…

Prime Trust cannot fulfill withdrawals must stop accepting funds Nevada CD order

Mike Dalto...June 22, 2023

Financial regulators in Nevada issued a cease and desist order against Prime Trust on June 21 after monitoring the company for solvency. In an email to CryptoSlate, the Nevada Financial…

FTX Objects To Genesis Proposed Mediation Extension

Aditya Ana...June 3, 2023

FTX and its affiliated debtors have filed an objection to bankrupt crypto lender Genesis' proposed extension to its ongoing mediation period. FTX also took issue with Genesis estimating its $3.9…

DCG shutters TradeBlock institutional trading platform

Mike Dalto...May 25, 2023

Digital Currency Group (DCG) will close its institutional trading platform, TradeBlock, by the end of the month, Bloomberg reported May 25. Crypto market challenges DCG’s decision to close TradeBlock comes…

Fahrenheit wins auction for Celsius assets

Oluwapelum...May 25, 2023

Bankrupt crypto lender Celsius Network announced today that crypto consortium Fahrenheit has won in the court‑approved auction process to sell its assets. In a May 25 statement, Celsius said Fahrenheit…

News Of FTX 20 Reboot Leads To 16 Hike In FTTs Price

Aditya Ana...May 22, 2023

A recent court filing made by FTX's bankruptcy estate revealed that current CEO John Ray III spent several hours last month working on a revival plot for the bankrupt crypto…