[ad_1] share Share on Twitter Share on LinkedIn Share on Telegram Copy link Copied link New court documents reveal that while Sam Bankman-Fried appeared unprepared for the crash of his crypto exchange…
Category: alameda Research
FTX Moves to Recoup $460 Million from Modulo Capital
[ad_1] Modulo’s $460 million marks a significant recovery in its ongoing bankruptcy case. Bankrupt crypto exchange FTX is currently working to recover some of the customer funds that were reported misappropriated. To…
FTX debtors report over $4 billion in scheduled assets
[ad_1] FTX, the cryptocurrency exchange founded by Sam Bankman-Fried, filed for Chapter 11 bankruptcy protection in November 2022 following allegations of fraudulent activity. In a recent filing with the United States Bankruptcy…
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders – Bitcoin News
[ad_1] According to a recent presentation by debtors FTX on March 16, Sam Bankman-Fried’s company had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy…
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
[ad_1] The group of companies has about $11.6 billion in debt against $4.8 billion in assets, according to presentations by its advisers. [ad_2] Source link
Alameda wallets transferring stablecoins amid USDC’s depeg
[ad_1] Over the weekend, wallets linked to real estate liquidator Alameda Research shipped over $100 million in stablecoins to Cumberland and GSR Markets. In the midst of that first transfer, on March…
Stargate Foundation advised against reissuing STG token
[ad_1] In March 2022, Alameda Research, a former cryptocurrency trading firm, bought the entire STG auction for $25 million. However, in November of the same year, FTX declared bankruptcy, after which FTX…
The Time to Sell Bitcoin (BTC) Is Now, Says Peter Schiff
[ad_1] Lots cryptocurrencies including Bitcoin are being traded at a big loss today. At the time of writing, some of the top coins including XRP, MATIC, and BNB, each fell more than…