Alameda
Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients
The firm receives conditional approval for its restructuring plan from a U.S. bankruptcy court.
FTX Wants to Claw Back $71M From Its Philanthropic and Life Science Arms
FTX and its sister firm Alameda seeks to retrieve more than $71 million from its philanthropic arm and other life science entities. Separately, several users of bankrupt crypto exchange FTX are being targeted by a potential phishing attack after being sent a "reset password" request from the exchange's official customer support email. "The Hash" panel weighs in on the latest in FTX's bankruptcy developments.
FTX Seeks to Recover $71M From Its Philanthropic and Life Science Arms
The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows.
FTX Customers Have Until End-September to Submit Bankruptcy Claims
Former customers will receive an email containing a link to the Customer Claims Portal.
BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management
The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.
BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says
The litigation supporting claims against the bankrupt crypto lender's commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.
Alameda Research Receives $57M From Crypto Exchange OKX
Alameda Research-controlled wallets hold over $240 million worth of cryptocurrencies.
Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg
Three other wallets linked to FTX and Alameda sent $188.5 million in stablecoins to crypto exchanges on Tuesday.
In About-Face, Crypto Exchanges Abandon Support for STG Token Reissuance
Stargate Finance’s original STG token is gaining support again after StargateDAO canceled its plans to reissue STG following a dispute with FTX liquidators.
Crypto Bank Silvergate Shutdown: 3 Key Takeaways
The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to "voluntarily liquidate" its assets and wind down operations. Here are three key things to know about the company’s unwinding and what it means for the crypto industry and beyond.
