Case Number: 1:22-cv-10794 Plaintiffs: Securities and Exchange Commission (the “Commission”) Defendants: Caroline Ellison (“Ellison”) and Zixiao “Gary” Wang (“Wang”) Filing Date: Dec 21, 2022 Location: US District Court, Southern District of New York ...
Outside of the bankruptcy case, FTX's former leaders have been the subject of criminal proceedings. Bankman-Fried was convicted in November 2023 and sentenced to 25 years in prison in March. Caroline Ellison, who formerly served as CEO of FTX’s sister company, Alameda Research, reached a pl...
Dorsey says he will sign an order formally moving a Chapter 15 bankruptcy case filed by Bahamian liquidators from New York to Delaware. Chris Shore, representing the dueling Chapter 15 liquidators in the Bahamas, says “we’re going to try to work this out” with the Chapter 11 debtors. ...
Recently, the Celsius committee that represented clients and creditors in the Celsius Bankruptcy case asked for the dismissal of Chief Executive Officer Alex Mashinsky. The committee of Unsecured Creditors (UCC) was running its investigation into the organization and its administration. The legal finding...
The tweeting appears to be aimed at moving assets away from the control of a US court in favor of one in the Bahamas, the lawyers said. FTX—under the control of a new CEO—asked afederal judgein Delaware to transfer a competing bankruptcy case filed in New York by Bahamian liquidators ...
Docket number is 22-11066 in Delaware federal bankruptcy courthttps://t.co/jyujf3RYNQ— kadhim (^ー^)ノ (@kadhim) November 11, 2022 / Landmark case will establish how "custodied" asset safety… pictwitter.com/NtsWokjYYY Greg (@B1ockGreg) November 11, 2022 DON'T THINK IT'...
On February 18, 2025, the first round of creditor payments for FTX officially commenced, marking a critical phase in the two-year bankruptcy liquidation process. However, market attention has shifted to another potential risk: on March 1, 11.2 million SOL tokens from FTX's bankruptcy auction are...
A U.S. judge overseeing the bankruptcy of FTX said Friday he will allow media companies to make their case that the collapsed crypto exchange must publicly disclose the names of its customers. U.S. Bankruptcy Judge John Dorsey in Delaware said The New York Times, Dow Jones, Bloomberg and ...
A costly and long bankruptcy process continues to figure out how to clear up the giant steaming mess!See more DA Darin Updated Sep 5, 2022 God for it you change your phone number and need to change your f2a.They had me submit a selfie, holding my photo id and an absurd hand written...
All of these parties have entered into a Settlement and Plan Support Agreement (the "Support Agreement"), which has been posted on the docket of the Bankruptcy Court for informational purposes. "The proposed settlement of the customer property issues is another major milestone in our ...