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FTX Up For Sale: Who Will Buy The Crypto Wreckage?
Tuesday, October 24, 2023 - 4:04pm | 541Bankrupt crypto exchange FTX Trading Ltd. is now reviewing offers from three potential buyers. The forthcoming decisions surrounding FTX's future are expected to garner significant attention, especially with the crypto community converging at Benzinga's Future of Digital Assets...
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Crypto Custodian Prime Trust Files For Bankruptcy: What Stakeholders Need To Know
Tuesday, August 15, 2023 - 1:10pm | 356Crypto custodian Prime Trust LLC, along with some of its affiliates, has officially filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. This move came after John Guedry was permanently appointed as the receiver for the company. Additionally, a...
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FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash
Thursday, August 10, 2023 - 9:14am | 645FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee, alleging they are attempting to dominate assets without considering the repercussions for other involved parties. This contention emerged following the release of a preliminary...