US trustee appeals NY Judge’s approval of Voyager deal with Binance.US
The United States Department of Justice filed an appeal against the approval by a New York judge allowing a billion-dollar sale of assets from Voyager Digital to Binance.US.
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Alameda Research to sell interest in Sequoia Capital to Abu Dhabi for $45M
The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
The Seychelles courts have approved a plan that would give 65% of the company to creditors and 15% to employees as CoinFLEX is said to transition into the Open Exchange.
US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones
The proposal restricts Sam Bankman-Fried communication to a flip phone or other non-smartphone device with no internet access.
Silvergate closes Exchange Network, releases $9.9M to BlockFi
The bank is discontinuing its crypto payment network, claiming the termination is a risk-based decision.
FTX presentation shows ‘massive shortfall’ in firm’s assets
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO.
DCG losses top $1B on the back of 3AC collapse in 2022
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.
Texas objects to Voyager-Binance.US deal, court filing shows
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors.
Voyager is selling crypto assets through Coinbase, suggests on-chain data
Since Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain.
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