FTX Trading Ltd. FTX and affiliated debtors FTX Debtors filed emergency Chapter 11 bankruptcy cases in Delaware. Filing came less than two weeks after documents were leaked showing that Alameda Research cryptocurrency hedge fund affiliated with FTX held a large amount of FTT.
Throughout a tumultuous 2022, the digital currency and blockchain space saw a number of significant investigation, litigation, and enforcement matters as regulators continue their laser focus on the industry.
Throughout a tumultuous 2022, the digital currency and blockchain space saw a number of significant investigation, litigation, and enforcement matters as regulators continue their laser.
Current and potential cryptocurrency investors should be aware that the Southern District of New York SDNY recently ruled that holders of cryptocurrency investments with the now-bankrupt cryptocurrency lending company Celsius Network LLC are not the true owners of these assets.
Throughout the latter half of 2022, filing for bankruptcy became a reality for many high-profile crypto firms. The resurgence of “crypto winter” has brought many crypto-related entities.