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FTX Alleges Disgraced Founder SBF Is In Cahoots With Bahamas PM, Securities Commission
Monday, March 20, 2023 - 12:11pm | 426Cryptocurrency exchange FTX is seeking to strip its Bahamas-based subsidiary, FTX Digital Markets (FTX DM), of any claim over the company's assets. In a legal filing made on March 19, FTX accused the Bahamas authorities of aiding founder Sam Bankman-Fried in his attempts to evade justice. The...
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Celsius' Shoddy Record Keeping Creates Intercompany Claim Challenges For Bankruptcy
Friday, February 17, 2023 - 10:05am | 320Cryptocurrency lending company Celsius failed to accurately record transactions between its affiliates, leaving it difficult to fully determine intercompany claims, according to court documents filed on Thursday. The documents were filed in response to a court order requesting information on...