Jefferies Financial Group Sees Recovery Rate of Up to 40% for FTX Creditors
New York-based investment bank Jefferies Financial Group estimates FTX creditors could get as much as 40% of their money. However, that recovery rate would likely be lower once bankruptcy administrators have taken their fees.
Shaquille O’Neal Says ‘I Don’t Understand Crypto’ After Being Named in Lawsuit Over FTX Collapse
The American basketball legend Shaquille O'Neal has defended his appearance in ads for the collapsed cryptocurrency firm FTX, arguing he was "just a paid spokesperson".
Sam Bankman-Fried Files New Application for Release on Bail
The attorneys representing SBF have reportedly submitted another bail application days after the initial attempt was turned down.
Bankrupt FTX Seeks Court Approval to Sell FTX Japan, FTX Europe, Embed and LedgerX
Lawyers representing FTX are asking for approval from the US bankruptcy court for Delaware to sell four of its still-solvent businesses before they lose value.
Binance Reserves are Not Showing ‘FTX-like’ Behaviour — CryptoQuant
CryptoQuant has scrutinised Binance’s reserves on-chain and concluded that they are not showing ‘FTX-like behaviour at this point.’
FTX News: US DOJ Appoints Creditor’s Committee, SBF Files New Bail Request
The US Dept. of Justice’s Office of the US Trustee has appointed a Committee of Unsecured Creditors to represent FTX account holders and other creditors in the bankruptcy case of the collapsed crypto exchange.
Silvergate Faces Class-Action Lawsuit Over FTX and Alameda Dealings
A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX and Alameda Research.
FTX Creditors Committee Appointed, Includes Crypto Market Maker Wintermute And GGC
Cryptocurrency market maker Wintermute was appointed to the committee for unsecured FTX creditors.
FTX Gets Official Creditors’ Committee in Its Bankruptcy Case
Dec 15 (Reuters) - The U.S. Department of Justice's bankruptcy watchdog on Thursday appointed a committee to represent FTX accountholders and other junior creditors in the collapsed crypto exchange's bankruptcy case.
Top U.S. Rep Makes Shocking Claims, Says SEC Arrested SBF to Stop Congressional Hearing
Top U.S. Rep Makes Shocking Claims About SBF’s Arrest, Indicts Gary Gensler and SEC.
