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Tag: Official Committee

FTX And Alameda Moved $23 Mln Worth Of ETH, SOL And Other Tokens To Crypto Exchanges

<!-- Coingape Staff 2 seconds ago 24/7 Cryptocurrency News --> FTX the defunct crypto exchange and its sister company Alameda Research...

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FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases

On October 17, 2023, FTX Debtors made a significant announcement regarding their ongoing Chapter 11 cases, marking a major milestone in their efforts to...

Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius – Decrypt

Steve Kokinos has been proposed as CEO for the company buying Celsius, according to court filings.The former Algorand CEO—who stepped down from that role...

US Trustee’s Objections Lead to Amended Settlement Proposal by FTX

In response to U.S. Trustee’s objections, FTX’s debtors revise their settlement proposal, lowering the maximum claim value in the ongoing bankruptcy case. ...

Celsius Disclosure Statement Approved by Court

Plan Focused on Distributing a Meaningful Liquid Cryptocurrency to Customers as well as Equity in NewCo Celsius Creditors Encouraged to Vote in Favor of Chapter...

FTX and Genesis Reach $175 Million Settlement, Resolving Complex Dispute

Genesis agrees to pay $175 million to FTX, aiming to smooth the path to bankruptcy confirmation and eliminate risks of prolonged litigation. ...

Celsius Approved to Send Adjusted Bankruptcy Plan to Creditors (Report)

The now-defunct cryptocurrency lending company Celsius Network reportedly received permission from US Judge Martin Glenn to send a restructured bankruptcy plan to creditors,...

FTX Debtors Battle for Asset Control

FTX's debtors have clashed with the Official Committee of Unsecured Creditors (UCC) over the control of the asset of the collapsed cryptocurrency exchange. The disagreement has...

FTX debtors and UCC clash over asset control in restructuring

FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of...

Court approves BlockFi’s disclosure statement conditionally

BlockFi Inc. and its affiliates announced that the United States Bankruptcy Court for the District of New Jersey conditionally approved the company's Disclosure Statement...

FTX Proposes Exchange Reboot in Reorganization Plan

Some former FTX.com customers could opt to receive equity, tokens or other interests in the rebooted offshore exchange instead of a cash payout....

Celsius price soars as holders cheer potential bankruptcy exit

Celsius could return  customer assets by the end of the year after parties resollved two key...

BlockFi’s Collapse Tied to Ignored Risks with FTX and Alameda Research

A preliminary report titled "Why Did BlockFi Fail?" submitted to the United States Bankruptcy Court for the District of New Jersey on July 14,...

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