Generative Data Intelligence

Tag: Bankruptcy Court

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...

US Judge Approves Sealed Settlement Between BlockFi and 3AC – Unchained

A U.S. bankruptcy judge approved a settlement resolving disputes between BlockFi and 3AC, ruling that the details should remain sealed because it would...

5 Best Altcoins to Invest in Right Now February 6 – Helium, Ronin, Conflux

Join Our Telegram channel to stay up to date on breaking news coverage The market is inching closer to an upward trend, and altcoins offer...

FTX Seeks Bankruptcy Court Approval to Sell $1.4 Billion Stake in AI Startup Anthropic – Unchained

The bankrupt crypto exchange could repay creditors and customers from proceeds of selling the 8% stake. Selling its stake...

FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings

FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill...

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy

Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6...

Genesis Seeks Approval to Sell Nearly $1.4 Billion GBTC Shares – Unchained

Bankrupt crypto lender Genesis is seeking the court’s approval to sell $1.6 billion in trust assets, of which nearly $1.4 billion are shares...

Genesis Agrees To Settle SEC Lawsuit For $21 Million

Genesis Global and its affiliated entities have settled the lawsuit with the Securities and Exchange Commission (SEC), agreeing to a $21...

Embattled Crypto Lender Celsius Escapes Chapter 11 Bankruptcy, To Distribute $3 Billion in Crypto to Creditors – The Daily Hodl

Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press...

Collapsed Genesis Agrees to Settle SEC’s Earn Lawsuit for $21M – Decrypt

Failed crypto lender Genesis has agreed to pay $21 million to settle a 2023 federal lawsuit alleging that the crypto company flogged unregistered securities. A...

Celsius Begins Asset Distributions To Customers As Court Approves FTX’s Repayment Plan – The Defiant

FTX’s creditor repayment plan was approved on the same day that Celsius began distributing assets to its former users.Celsius and FTX, two of the...

FTX Won’t Reboot Exchange, But Plans to Pay Back Customers in Full – Decrypt

Collapsed cryptocurrency exchange FTX will not be restarted, the firm’s bankruptcy lawyers said Wednesday in a court hearing, due to a lack of interest...

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