Tag: filing

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Genesis’ bankruptcy filing was decided by independent committee according to DCG

Genesis’ bankruptcy filing was decided by independent committee according to DCG

Genesis Capital's parent company Digital Currency Group (DCG) denied involvement in Genesis' bankruptcy filing in a statement on Jan. 20. According to [...]
What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing

What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing

Eric Snyder, partner at Wilk Auslander LLP, says that a substantial amount of haircuts are likely to be made, but that depends on the petition Genesis [...]
Genesis Claims $5.1B in Liabilities in First Day Bankruptcy Filing

Genesis Claims $5.1B in Liabilities in First Day Bankruptcy Filing

Three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. www.coindesk.com [...]
Bitcoin, Ether Rise Slightly After Genesis’ Chapter 11 Filing

Bitcoin, Ether Rise Slightly After Genesis’ Chapter 11 Filing

Bitcoin rose 1% to around $21,000 over the past 24 hours after the Genesis bankruptcy news hit the wires. Ether rose 2% to $1,545, CoinDesk data shows [...]
Genesis bankruptcy filing sparks various community responses

Genesis bankruptcy filing sparks various community responses

As the crypto lender Genesis Global Trading filed for Chapter 11 bankruptcy protection in New York, members of the crypto community went on social med [...]
Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested

Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested

Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down. www.coindesk.com [...]
Crypto Lender Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports

Crypto Lender Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports

Genesis had previously halted customer withdrawals following FTX's epic collapse. www.coindesk.com [...]
Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing

Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing

The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting [...]
FTX paid $12M retainer to a New York law firm before bankruptcy filing

FTX paid $12M retainer to a New York law firm before bankruptcy filing

Defunct crypto exchange FTX paid a retainer of $12 million to bankruptcy lawyers as security for payment of its fees and expenses amid Chapter 11 bank [...]
Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing

Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing

Court filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an ‘unfair’ tr [...]
CFTC declares Ether as a commodity again in court filing

CFTC declares Ether as a commodity again in court filing

The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a commodity in a Dec. 13 court filing — in contrast to statements fro [...]
The biggest tax changes to know before filing your 2022 return

The biggest tax changes to know before filing your 2022 return

Tom Werner | DigitalVision | Getty ImagesCertain tax credits have been reduced One possible reason for a smaller tax refund is the child tax credit an [...]
BlockFi bankruptcy filing triggers a wide range of community reaction

BlockFi bankruptcy filing triggers a wide range of community reaction

As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during t [...]
Alameda Research withdrew $204M ahead of bankruptcy filing

Alameda Research withdrew $204M ahead of bankruptcy filing

Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence [...]
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the U [...]
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