Sam Bankman-Fried’s holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.
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Alameda Research wallet receives $13M from Bitfinex, other sources
The assets transferred to Alameda's consolidation wallet are reportedly part of bankruptcy recovery efforts.
Celsius publishes list of users eligible to withdraw majority of assets
Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data.
Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11.
Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding.
Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.
Judge denies motions from Celsius users seeking to reclaim assets
Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform's terms of use left assets in their control.
Breaking: BlockFi uncensored financials reportedly shows $1.2B FTX exposure
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.
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