Etiket: Bankruptcy

Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.

Three parties, including ex-FTX CEO Sam Bankman-Fried, have tried to get control over the 56 million shares.

Attorneys are charging upwards of $2,000 an hour and $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s failed empire.

Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings, the Wall Street Journal said.

The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.

The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court.

More than 100 BTC moved out of Quadriga-linked wallets over the weekend.

More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend. Quadriga’s bankruptcy trustee said three years ago it did not control those wallets at the time.

The assets are dwarfed by 3AC's liabilities, which stood at over $3 billion.

FTX filed for bankruptcy last month, reporting it has more than $10 billion in liabilities.

German tennis legend Boris Becker has been freed from prison after serving eight months of a two-and-a-half-year sentence.