bankruptcy

Sam Bankman-Fried Released on $250M Bond and Electronically Monitored 
Sam Bankman-Fried Released on $250M Bond and Electronically Monitored 
December 22, 2022  |  Cryptocurrency

Sam Bankman-Fried has been released on a $250 million bond.  During his first court appearance in the United States on Thursday (Dec. 22), the FTX...

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AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
December 21, 2022  |  Acquisitions

AMC Entertainment discussed a potential acquisition of Cineworld assets with some of that firm’s lenders. The discussions centered on certain theater assets in the United...

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Crypto Miner Greenidge Generation Seeks Debt Restructuring 
Crypto Miner Greenidge Generation Seeks Debt Restructuring 
December 20, 2022  |  Cryptocurrency

Aiming to stave off bankruptcy, crypto miner Greenidge Generation is aiming to restructure its debt.  The firm said in a Tuesday (Dec. 20) press release...

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Celsius Network Weighs Offers for Operations for Mining Crypto
Celsius Network Weighs Offers for Operations for Mining Crypto
December 20, 2022  |  Cryptocurrency

Celsius Network has reportedly received multiple bids for its platform and operations for mining crypto. The bankrupt cryptocurrency lender told a bankruptcy court Tuesday (Dec....

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FTX Wants to Recover Bankman-Fried’s Political Donations
FTX Wants to Recover Bankman-Fried’s Political Donations
December 20, 2022  |  Cryptocurrency

FTX hopes to recover millions in political contributions made by disgraced founder Sam Bankman-Fried. The donations, allegedly made using funds from the crypto exchange’s customers,...

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Binance.US to Buy Voyager Digital’s Assets for $1.02B 
Binance.US to Buy Voyager Digital’s Assets for $1.02B 
December 19, 2022  |  Cryptocurrency

Binance.US will acquire the assets of bankrupt crypto lender Voyager Digital for $1.022 billion.  The Binance.US bid sets a clear path for Voyager customer funds...

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US Bankruptcy Attorney for FTX Spars With Bahamas
US Bankruptcy Attorney for FTX Spars With Bahamas
December 15, 2022  |  Cryptocurrency

Choice words, not assets, are being exchanged between FTX’s US bankruptcy attorney and Bahamian officials. While Sam Bankman-Fried, disgraced founder of the failed cryptocurrency exchange...

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Non-US Customers of FTX Forming Official Committee
Non-US Customers of FTX Forming Official Committee
December 13, 2022  |  Legal

International customers of FTX.com are creating a committee to represent them in the firm’s Chapter 11 case. Customers from outside the United States have interests...

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FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
December 12, 2022  |  Cryptocurrency

The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  In prepared testimony that is to be delivered to the House...

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