Tag: settlement

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Genesis’ $175M FTX Settlement Opposed by Creditors, Including Gemini

Genesis’ $175M FTX Settlement Opposed by Creditors, Including Gemini

“[Genesis], by entering into the Proposed Settlement, have sought to buy the support of the FTX Debtors, and their votes,” said a Thursday filing by a [...]
3M faces more legal headaches after earplug settlement

3M faces more legal headaches after earplug settlement

3M is on the verge of ending the largest mass tort litigation in U.S. history, but it's still facing other expensive legal headaches.The company said [...]
Bitcoin, Ether Trade Below 'Maximum Pain' Levels Ahead of $2.7B Options Settlement

Bitcoin, Ether Trade Below 'Maximum Pain' Levels Ahead of $2.7B Options Settlement

A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said. www.coindesk.com [...]
FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee

FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee

Despite criticizing the U.S. Trustee as the "sole objector to the Motion" seeking to "inject itself into a routine settlement process that is already [...]
FTX seeks $175M settlement with Genesis entities to resolve dispute

FTX seeks $175M settlement with Genesis entities to resolve dispute

FTX, the troubled cryptocurrency exchange, and its CEO John J. Ray III have filed a motion seeking to reach a settlement of $176 million with Genesis [...]
Sage Steele departs ESPN following lawsuit settlement

Sage Steele departs ESPN following lawsuit settlement

ESPN Analyst Sage Steele talks on set during Game Four of the NBA Finals between the Toronto Raptors and the Golden State Warriors at Oracle Arena in [...]
Chinese banks record forex settlement deficit in July

Chinese banks record forex settlement deficit in July

BEIJING, Aug. 15 (Xinhua) -- China's commercial banks saw a net [...]
Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

Bankrupt crypto lender Celsius can start sending out ballots to its customers for a vote on a proposed settlement plan that would see a consortium cal [...]
SEC announces $24M settlement for case against Bittrex and its former CEO

SEC announces $24M settlement for case against Bittrex and its former CEO

The United States Securities and Exchange Commission (SEC) has announced an agreement with crypto trading platform Bittrex and co-founder and former C [...]
Crypto Exchange Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

Crypto Exchange Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

"Defendants agree that, as to Bittrex, the terms of the settlement reflected in this Consent and in the Judgment are subject to approval by the Bankru [...]
EOS Foundation urges creditors to reject $22M Block.one settlement

EOS Foundation urges creditors to reject $22M Block.one settlement

Amid the approaching deadline for opting out of the current $22 million settlement with Block.one (B1), EOS Network Foundation (ENF) has called on pla [...]
Trump-linked DWAC soars 50% after SEC fraud settlement

Trump-linked DWAC soars 50% after SEC fraud settlement

The social media app will be developed by Trump Media and Technology Group (TMTG).Rafael Henrique | LightRocket | Getty ImagesShares of Digital World [...]
Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

The company "continues to pursue a successful Chapter 11 Plan," Celsius said in a statement attached to a Thursday court filing. "Celsius' Special Com [...]
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'

Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'

With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines O [...]
ECB to Start Exploring DLT for Wholesale CBDC Settlement in 2024

ECB to Start Exploring DLT for Wholesale CBDC Settlement in 2024

The central bank is looking at how it can innovate in settling transactions between financial institutions for securities or foreign exchange, while a [...]
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