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bankruptcy

Sam Bankman-Fried’s parents asked to pay back millions in FTX customer funds
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20 September, 2023

Sam Bankman-Fried’s parents asked to pay back millions in FTX customer funds

The court-appointed FTX Debtors has filed a complaint in the U.S. Bankruptcy Court for the District of Delaware against Allan...
FTX asset sale plan approved, Sam Bankman-Fried says he cannot tell a lie
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15 September, 2023

FTX asset sale plan approved, Sam Bankman-Fried says he cannot tell a lie

U.S. Bankruptcy Court Judge John Dorsey has approved the plan by FTX Debtors to start selling roughly $3.4 billion worth...
Ripple bails out Fortress Trust after hackers steal customer assets
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13 September, 2023

Ripple bails out Fortress Trust after hackers steal customer assets

Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong...
Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’
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16 August, 2023

Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’

After being forced into receivership, Prime Trust has filed for bankruptcy and seeks protection covering its parent company Prime Core...
Bittrex charged in Florida over failure to segregate customer assets before bankruptcy
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11 July, 2023

Bittrex charged in Florida over failure to segregate customer assets before bankruptcy

The Florida financial watchdog charged the exchange in April, but Bittrex wanted the charges dropped, and in return, it would...