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Bankruptcy

The following is a guest post by Yannik Schrade, CEO and Co-founder of Arcium. When Oracle AI CTO Larry Ellison shared his vision for a...
Transaction-related fees on Solana (SOL) surpassed $11 million on Oct. 24, marking a new all-time high, according to Blockworks Research data. The metric is called “real economic value” (REV), which includes transaction fees and MEV tips...

FTX wallet connected to $23.75M in unstaked Solana raises concerns for potential sell-off

A wallet connected to the insolvent FTX exchange recently unstaked 177,693 SOL tokens, worth $23.75 million, from Solana, as per on-chain data. ...

Terraform Labs transfers $62.81 million worth of Bitcoin during final wind-down phase

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to...

FTX bankruptcy encounters fresh obstacles as SEC raises repayment anxieties

SEC Raises Concerns Over FTX Bankruptcy Repayment Plan | Cryptoslate The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the...

Unclaimed Funds from $2.53 Billion Distributed by Celsius – Some Creditors Miss Out

Bankrupt crypto lender Celsius has repaid approximately $2.53 billion to 251,000 creditors, as per an Aug. 26 court filing. This repayment...
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Former FTX executive files lawsuit as exchange announces reorganization with growing support

Bankrupt FTX Exchange Gains Strong Support from Creditors for Reorganization Plan On Aug. 21, the bankrupt crypto exchange FTX announced that its reorganization plan has...

3AC Liquidators Sue Terraform Labs for $1.3 Billion in Damages

Three Arrows Capital (3AC) liquidators have filed a lawsuit against Terraform Labs, seeking $1.3 billion in damages for TerraLUNA’s collapse.The legal action, filed on...

BitGo efficiently transfers $2 billion in Bitcoin, advancing Mt. Gox repayment efforts

Blockchain analytical firm Arkham Intelligence reported that crypto custodial service provider BitGo moved $2 billion of Mt. Gox’s Bitcoin to a new...

FTX and Alameda Banned from Crypto Trading in $12.7 Billion CFTC Settlement: What Does This Mean for Investors?

FTX and Alameda Research Settle for $12.7 Billion - Court Approval ...

Genesis starts distributing $4 billion to creditors, establishes legal fund to sue DCG and other parties

Genesis Repayment Process Completed Genesis has successfully finalized its restructuring process and has begun the distribution of approximately $4 billion in digital assets and US...

Mt. Gox accelerates Bitcoin repayments to creditors, transferring $2.47 billion

Bankrupt Mt. Gox Continues Bitcoin Transfers - Cryptoslate Bankrupt Mt. Gox Continues Bitcoin Transfers Bankrupt Mt. Gox continued its Bitcoin transfers this morning by moving 37,477...
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