BlockFi and FTX and Alameda Research have reached a settlement wherein BlockFi will receive $874.5 million to assist in repaying consumers who were impacted by its bankruptcy. In a recent court filing, the United States Bankruptcy Court for the District of New Jersey stated that BlockFi will get a combination of claims of $185.2 million … Read more
According to court filings dated February 9, 2024, FTX Trading Ltd. and its associates have declared their intention to sell Coinlist the subsidiary that they purchased for $10 million for $500,000. The most recent motion, which was submitted to the United States Bankruptcy Court for the District of Delaware, describes the planned sale in detail … Read more
According to court records filed on February 9, 2024, FTX Trading Ltd. and its affiliates have declared plans to sell a company it bought for $10 million to Coinlist for $500,000. The planned sale to optimize the estate’s worth for stakeholders and creditors is described in the most recent motion, which was submitted to the … Read more