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From Wreckage To Rebound? FTX, Bahamas Forge Deal As Hope Flickers For Lost Crypto Fortunes
Tuesday, December 19, 2023 - 1:28pm | 513FTX's (CRYPTO: FTT) debtors have reached a settlement with a Bahamian subsidiary, FTX Digital Markets Ltd. What Happened: The beleaguered crypto exchange is seeking to align bankruptcy proceedings in the U.S. and The Bahamas, ensuring a more streamlined and equitable process for creditors...
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Bankrupt FTX's Wild Ride: Creditors Make Bold Move To Cash In On Mysten Labs Stock
Friday, March 24, 2023 - 5:20pm | 457Creditors of the collapsed cryptocurrency exchange FTX have approved a proposal to sell its preferred stock in Mysten Labs, the developer of the Sui blockchain. A March 22 document filed with the U.S. Bankruptcy Court in the District of Delaware outlines a proposed arrangement between FTX creditors...
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Is Grayscale Investments Withholding $9B In Shareholder Value? FTX Debtors Take Legal Action To Unlock It
Monday, March 6, 2023 - 5:33pm | 573FTX Trading and its affiliated debtors (together, known as FTC Debtors) on Monday announced that one of their debtor affiliates, Alameda Research, filed a lawsuit against Grayscale Investments in the Court of Chancery in the State of Delaware. The FTX Debtors also asserted claims against...