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Tag: creditor

Crypto funds worth millions unclaimed in bridges

Blockchain intelligence firm Arkham has discovered millions of dollars in unclaimed cryptocurrency within major bridge contracts, affecting notable addresses including one that belongs to...

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Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors

Industry News The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. Genesis settled with the SEC for $21 million recently for its Gemini...

FTX discount sale of $1.9 billion locked Solana faces creditor fury

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome!...

FTX secures court approval to sell 8% Anthropic stake

Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion...

DCG files objection to Genesis, NYAG settlement

Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s...

FTX to Sell Off Digital Custody at a Very Steep Markdown

After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that...

NYAG Expands Fraud Lawsuit Against DCG to $3 Billion – Unchained

The New York Attorney General’s office now says that DCG and its affiliate Genesis defrauded customers and institutions of more than $3 billion,...

FTX to Repay Clients Fully but Exchange Won’t Reopen – CryptoCurrencyWire

Sam Bankman-Fried’s defunct crypto exchange FTX disclosed in a recent court session that it intends to fully reimburse its clients. Bankman-Fried was convicted last...

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy

Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6...

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