Finance News – Global Crypto
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Shaquille O’Neal Cuts $1.8M Check to Close FTX Lawsuit
Shaquille O’Neal's payment of $1.8 million marks the resolution of a prolonged legal dispute related to his association with the collapsed cryptocurrency platform FTX.
Read Full Article →UK appoints specialist to recover crypto from bankruptcy cases
The UK Insolvency Service has engaged an expert with investigative experience to assist in retrieving digital assets for creditors involved in insolvencies and legal proceedings re...
Read Full Article →Binance, CZ, filed to dismiss $1.76b lawsuit by FTX bankruptcy team
Binance and its CEO have challenged a $1.76 billion claim from FTX’s bankruptcy team, asserting they bear no responsibility for the financial difficulties leading to FTX’s insolven...
Read Full Article →Binance seeks to dismiss $1.76B FTX lawsuit, blames SBF for collapse
Binance’s effort to reject the $1.76 billion claim challenges allegations of insolvency and improper asset use, potentially impacting the resolution of significant bankruptcy proce...
Read Full Article →Genesis LOC files new lawsuits against DCG, Barry Silbert to recoup billions for creditors
Genesis Global has initiated legal action against DCG and its leadership, seeking to recover substantial funds for creditors following allegations of mismanagement that led to fina...
Read Full Article →FTX Will Hand Out Over $5 Billion in Bankruptcy Repayments This Month
Starting May 30, creditors of FTX are expected to receive distributions totaling more than $5 billion as part of the ongoing bankruptcy resolution process.
Read Full Article →Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse
Customers of the failed crypto lending platform experienced significant financial losses estimated between $65 million and $150 million due to misleading information and undisclose...
Read Full Article →FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K
By liquidating its initial investment in Anysphere at a significantly lower valuation, the bankrupt exchange forfeited substantial potential revenue tied to the company's growth in...
Read Full Article →Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’
The sentencing outcome in this high-profile case could significantly impact investor confidence and regulatory scrutiny within the cryptocurrency lending industry, affecting market...
Read Full Article →What do crypto users want to happen to Alex Mashinsky?
The outcome of Alex Mashinsky’s sentencing could influence future enforcement in the crypto industry, highlighting potential financial accountability for executives involved in fra...
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