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Tag: Bankruptcy

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4 people were arrested Thursday and charged with collectively defrauding 4 skilled men’s basketball players out of greater than $13 million, in response to Damian Williams, the USA Attorney for the Southern District of Latest York.In...

FTX says $415M in crypto was hacked since bankruptcy

Bankrupt crypto exchange FTX said in a report back to creditors on Tuesday that about $415 million in cryptocurrency had been stolen consequently of hacks. Some $323...

Tech bros who ran $800M events startup to bankruptcy spent lavishly on drug-fueled parties

Two British tech entrepreneurs who led an event and travel startup that was price as much as $800 million spent tons of of 1000's...

FTX founder Sam Bankman-Fried ghosted legal team over bankruptcy: report

Disgraced FTX founder Sam Bankman-Fried ignored pleas from company attorneys and advisers urging him to file for bankruptcy “for days” before the cryptocurrency platform...

BlockFi Files for Bankruptcy as FTX Fallout Spreads

BlockFi, a cryptocurrency lender that targeted unusual investors anticipating a chunk of the crypto mania, filed for bankruptcy on Monday, felled by its financial...

Sam Bankman-Fried ‘deeply sorry’ for FTX collapse, blames bankruptcy

Disgraced FTX founder Sam Bankman-Fried told former employees he's “deeply sorry” concerning the implosion of his crypto exchange — but continued to point the...

FTX Says Assets ‘Missing’ or ‘Stolen’ as Bankruptcy Process Begins

Lawyers for the collapsed cryptocurrency exchange FTX on Tuesday painted a grim picture of the firm’s funds and the fate of the billions of...

Biden Administration Offers Latest Path to Discharging Student Debt in Bankruptcy

As President Biden’s broad plan to cancel student debt for thousands and thousands of borrowers faces mounting legal challenges, his administration took a separate...

FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David...

Brexit Britain facing lower bankruptcy risk than France as EU hit with recession warning

The appointment of Rishi Sunak as Britain's next Prime Minister appears to have calmed the markets.

Judge Orders Recent Bankruptcy Officials in Alex Jones Case

WATERBURY, Conn. — A federal bankruptcy judge in Houston ordered latest personnel to oversee the bankruptcy of Alex Jones’s Infowars late on Tuesday, citing...

BUSINESS LIVE: Cineworld eyes bankruptcy; Vodafone in €1.8bn unit sale

BUSINESS CLOSE: Cineworld considers US bankruptcy filing; Vodafone agrees sale of Hungarian...

BUSINESS LIVE: Cineworld bankruptcy rumours Retail sales up in July

BUSINESS CLOSE: Cineworld shares dive amid bankruptcy rumours; retail sales beat expectations;...

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