π° FTX asks to sell its solvent businesses
π Bankrupt crypto exchange FTX has asked the bankruptcy court to sell FTX Japan, FTX Europe, LedgerX, and Embed to save the companies from legal troubles.
In the upcoming hearing on January 11, FTXβs lawyers will prove to the U.S. Bankruptcy Court in Delaware that the four companies are solvent and ready for sale. If theβ¦
π·οΈ #bankruptcy #FTX #FTX_collapse
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π Bankrupt crypto exchange FTX has asked the bankruptcy court to sell FTX Japan, FTX Europe, LedgerX, and Embed to save the companies from legal troubles.
In the upcoming hearing on January 11, FTXβs lawyers will prove to the U.S. Bankruptcy Court in Delaware that the four companies are solvent and ready for sale. If theβ¦
π·οΈ #bankruptcy #FTX #FTX_collapse
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π° Robinhood shares may move to neutral broker
π BlockFi is suing Sam Bankman-Fried for $430 million worth of Robinhood shares that were allegedly not repaid as collateral for a loan to Alameda Research. FTX (co-founded by Bankman-Fried) wants the shares to stay with Emergent Fidelity until the bankruptcy proceedings are completed, but BlockFi wants a judge to transfer the shares to a neutral broker.
The case is set to go to court on Jan. 9. Will the judge rule in favor of BlockFi or FTX? Only time (and a Jan. 9 court date) will tell. ππ€
π·οΈ #Alameda #bankruptcy #blockfi #FTX #Robinhood
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π BlockFi is suing Sam Bankman-Fried for $430 million worth of Robinhood shares that were allegedly not repaid as collateral for a loan to Alameda Research. FTX (co-founded by Bankman-Fried) wants the shares to stay with Emergent Fidelity until the bankruptcy proceedings are completed, but BlockFi wants a judge to transfer the shares to a neutral broker.
The case is set to go to court on Jan. 9. Will the judge rule in favor of BlockFi or FTX? Only time (and a Jan. 9 court date) will tell. ππ€
π·οΈ #Alameda #bankruptcy #blockfi #FTX #Robinhood
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π° Sam Bankman-Fried wants to hold Robinhood shares, pay lawyers
π Whoa, drama alert! π¨π¨
SBF, who's currently out on bail awaiting trial, is fighting for Robinhood shares that both FTX and BlockFi claim to pay legal fees.
A court hearing is set for Jan. 9 to decide who gets the shares π€. FTX says they should go to creditors, but BlockFi says they belong to them. Meanwhile, the former FTX CEO says he needs the funds to pay for his criminal defense.
πΉ Stay tuned for the outcome of this wild share showdown!
π·οΈ #bankruptcy #blockfi #FTX #Robinhood #SBF
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π Whoa, drama alert! π¨π¨
SBF, who's currently out on bail awaiting trial, is fighting for Robinhood shares that both FTX and BlockFi claim to pay legal fees.
A court hearing is set for Jan. 9 to decide who gets the shares π€. FTX says they should go to creditors, but BlockFi says they belong to them. Meanwhile, the former FTX CEO says he needs the funds to pay for his criminal defense.
πΉ Stay tuned for the outcome of this wild share showdown!
π·οΈ #bankruptcy #blockfi #FTX #Robinhood #SBF
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π° BlockFi to sell bitcoin mining loans, retain talent
π BlockFi selling $160 m of bitcoin loans and handing out bonuses to keep top talent.π° Watch out for undercollateralized loans though!π€
π·οΈ #bankruptcy #bitcoinmining #blockfi #bonuses
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π BlockFi selling $160 m of bitcoin loans and handing out bonuses to keep top talent.π° Watch out for undercollateralized loans though!π€
π·οΈ #bankruptcy #bitcoinmining #blockfi #bonuses
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π° Celsius may issue a new token to compensate creditors
π Celsius is looking for a way out πof bankruptcy. It could become a publicly traded company.π°With a new token. Hope it will have better luck than CELπ.
π·οΈ #bankruptcy #celsius #newtoken #repayment
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π Celsius is looking for a way out πof bankruptcy. It could become a publicly traded company.π°With a new token. Hope it will have better luck than CELπ.
π·οΈ #bankruptcy #celsius #newtoken #repayment
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π° Galaxy Digital, Binance among potential buyers of Celsius
π Looks like the bids for Celsius are dead π Turns out, even creditors and top management were left in the dark. Talk about a surprise twist in the #CelsiusSaga. π²
π·οΈ #bankruptcy #bids #celsius #secret
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π Looks like the bids for Celsius are dead π Turns out, even creditors and top management were left in the dark. Talk about a surprise twist in the #CelsiusSaga. π²
π·οΈ #bankruptcy #bids #celsius #secret
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π° Alameda Research sues Voyager Digital for $446M
π Alameda and Voyager in a heated battle over πΈ $446m in loan repayments. Alameda accuses Voyager of fueling misconduct, lawyers can't prove collateral existed.πΏ
π·οΈ #Alameda #bankruptcy #FTX #voyager
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π Alameda and Voyager in a heated battle over πΈ $446m in loan repayments. Alameda accuses Voyager of fueling misconduct, lawyers can't prove collateral existed.πΏ
π·οΈ #Alameda #bankruptcy #FTX #voyager
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π° FTX to return political donations by end of February
π FTX leaves politicians π€ no choice. All must return donations or will end up in court. πΌ FTX has recovered $5b, but still owes quite a bitπ°.
π·οΈ #bankruptcy #FTXcollapse #politicaldonor #SBF
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π FTX leaves politicians π€ no choice. All must return donations or will end up in court. πΌ FTX has recovered $5b, but still owes quite a bitπ°.
π·οΈ #bankruptcy #FTXcollapse #politicaldonor #SBF
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π° DCG sells Genesis as part of bankruptcy reorganization plan
π DCG, Genesis agree on crypto unit sale for max fund return. Gemini adds $100 million for Earn users. Court approval pending π°π°
π·οΈ #bankruptcy #DCG #gemini #genesis
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π DCG, Genesis agree on crypto unit sale for max fund return. Gemini adds $100 million for Earn users. Court approval pending π°π°
π·οΈ #bankruptcy #DCG #gemini #genesis
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πΉ We asked Doom Cat what you were afraid to ask.
Is #Silvergate bankrupt?
Don't miss today's digest.
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π·οΈ #cryptobank #bankruptcy #silvergate
Is #Silvergate bankrupt?
Don't miss today's digest.
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π·οΈ #cryptobank #bankruptcy #silvergate
YouTube
Doom Cat: Is Silvergate bankrupt?
Its stock is plummeting; the annual report is being dragged out; exposure to FTX and BlockFi; investigation...
And now big crypto companies like Coinbase are leaving, citing CAUSION.
We couldn't help but ask Doom out loud: is Silvergate bankrupt?
See forβ¦
And now big crypto companies like Coinbase are leaving, citing CAUSION.
We couldn't help but ask Doom out loud: is Silvergate bankrupt?
See forβ¦
π° First Citizens buys all deposits of Silicon Valley Bank
π SVB blues is overπ: First Citizens snagging $72B in assets at a discount of $16.5B, and it's now a big-time player.π°
π·οΈ #BankRescue #bankruptcy #FinancialNews #firstcitizens #svb
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π SVB blues is overπ: First Citizens snagging $72B in assets at a discount of $16.5B, and it's now a big-time player.π°
π·οΈ #BankRescue #bankruptcy #FinancialNews #firstcitizens #svb
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π° Sotheby's auctions the famous seized 3AC NFT collection
π Sotheby's is selling rare NFTs from bankrupt hedge fund 3AC's Grails Collection. Get ready to bid on some amazing digital art! π¨π°
π·οΈ #3ac #bankruptcy #grails #NFT #sothebys
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π Sotheby's is selling rare NFTs from bankrupt hedge fund 3AC's Grails Collection. Get ready to bid on some amazing digital art! π¨π°
π·οΈ #3ac #bankruptcy #grails #NFT #sothebys
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π° Binance.US ends deal to buy out Voyager Digital assets
π Binance.US all of a sudden pulls the plug on the Voyager Digital deal. But don't worry, Voyager is still giving back to its customers! π€π
π·οΈ #bankruptcy #binance #binance.us #liqudation #termination #voyager
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π Binance.US all of a sudden pulls the plug on the Voyager Digital deal. But don't worry, Voyager is still giving back to its customers! π€π
π·οΈ #bankruptcy #binance #binance.us #liqudation #termination #voyager
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