Bankruptcy


Finance

Three Arrows Founders' Bankruptcy Exchange to Offer Claims as Portfolio Margin

Leslie Lamb, the CEO of Open Exchange, took questions on a Twitter Spaces on Thursday morning.

Three Arrows co-founder Su Zhu speaks at FTX's Crypto Bahamas event in 2022 (Tracy Wang/CoinDesk)

Policy

FTX Proposes $4M Bonus Program as It Seeks to Retain Staff

The bankrupt crypto exchange wants to offer supplements up to 94% of salary to avoid sought-after coders quitting

New FTX CEO John J. Ray III (C-Span)

Videos

JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source; Celsius Bankruptcy Developments

JPMorgan is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Separately, a judge ruled that Celsius Network should continue to have the exclusive right to prepare a plan for exiting bankruptcy until the end of March. 

Recent Videos

Markets

Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC

Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.

(Unsplash/Modified by CoinDesk)

Policy

Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says

Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said

(Marcia Straub/Getty Images)

Finance

Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23% on Fundraise Speculation

The ROOK token is experiencing a resurgence on speculation that Three Arrows' founders have completed a $25 million fundraise.

(Benjamin Smith/Unsplash)

Policy

Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules

The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the U.S. Securities and Exchange Commission and state regulators.

Voyager Digital's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Consensus Magazine

A Closer Look at FTX’s Most Recent Bankruptcy Documents

The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.

(Getty Images)

Finance

FTX Bankruptcy Special Counsel, Advisers Bill $38M for January

FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants and financial advisers working on the case.

New FTX CEO John J. Ray III (C-Span)

Policy

Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal

New York Judge Michael Wiles indicated that he couldn't hold up Voyager's bankruptcy restructuring to wait for the regulator to explain its arguments.

Voyager CEO Steve Ehrlich at Consensus 2019. (CoinDesk)