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Tag: Bankruptcy Court

Winklevoss Twins’ Gemini Commits to Return $1.1 Billion to Earn Customers

Gemini Trust, owned and controlled by the Winklevoss twins, has settled with the New York State Department of Financial Services (DFS), committing to return...

Gemini to Return $1.1 Billion to Earn Customers, Pay $37 Million Fine In New York Settlement – Decrypt

New York-based cryptocurrency exchange Gemini announced late Wednesday that the parties involved in the bankruptcy case of crypto lending company Genesis have agreed to...

Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers

As part of the settlement, Gemini will give Genesis – which provided services that helped Earn function – $40 million for its bankruptcy proceedings,...

FTX secures court approval to sell 8% Anthropic stake

Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion...

FTX secures court approval to sell 8% Anthropic stake

Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion...

FTX’s Path to Redemption: Selling Anthropic Shares to Settle Debts

In a significant development for the bankrupt cryptocurrency exchange FTX, Delaware Bankruptcy Court Judge John Dorsey has approved the sale of the company’s shares...

FTX Customers Anticipate Payoff as Anthropic Shares Set for Sale

Exchange News The U.S. bankruptcy court greenlights FTX’s Anthropic share sale. FTX to repay all affected customers using Nov. 2022 crypto prices, tapping into $6.4B in...

FTX To Sell Subsidiary, Digital Custody Inc., Acquired For $10 Million To CoinList For $500,000 To Pay Back Debts

The FTX Debtors estate has filed to sell Digital Custody Inc., a subsidiary it acquired by August 2022 for a total...

US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute

A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further litigation. The details remain...

FTX to Repay Clients Fully but Exchange Won’t Reopen – CryptoCurrencyWire

Sam Bankman-Fried’s defunct crypto exchange FTX disclosed in a recent court session that it intends to fully reimburse its clients. Bankman-Fried was convicted last...

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