Corporate bankruptcy

John Ray, chief government officer of FTX Cryptocurrency Derivatives Alternate, arrives at chapter court docket in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022.Eric Lee | Bloomberg | Getty PhotosThe Division of Justice has…

Placing a contrite tone, former FTX CEO Sam Bankman-Fried stated he "did not do a very good job" at upholding his duties to regulators, prospects, and buyers in a hotly anticipated dialog with CNBC's Andrew Ross Sorkin on the Dealbook…

The BlockFi emblem on a smartphone organized within the Brooklyn borough of New York, on Thursday, Nov. 17, 2022.Gabby Jones | Bloomberg | Getty PicturesThere was supposedly one man who might save crypto — Sam Bankman-Fried. The previous…

BlockFi brand displayed on a telephone display screen and illustration of cryptocurrencies are seen on this illustration photograph taken in Krakow, Poland on November 14, 2022.Jakub Porzycki | Nurphoto | Getty PhotographsDistressed…

A serious trade govt says he detected pink flags months earlier than the historic FTX collapse.CME Group chairman and CEO Terry Duffy mentioned he suspected corruption on the cryptocurrency trade the day of his first one-on-one assembly…

The crypto market has been battered this 12 months, with greater than $2 trillion wiped off its worth since its peak in Nov. 2021. Cryptocurrencies have been beneath strain after the collapse of main change FTX.Jonathan Raa | Nurphoto |…

FTX brand with crypto cash with 100 Greenback invoice are displayed for illustration. FTX has filed for chapter within the US, looking for court docket safety because it appears to be like for a technique to return cash to…

The brand of FTX is seen on a flag on the entrance of the FTX Area in Miami, Florida, November 12, 2022.Marco Bello | ReutersCompany funds had been used to buy properties within the Bahamas and "private gadgets" within the identify of…

Chapter filings from Celsius and Voyager have raised questions on what occurs to traders' crypto when a platform fails.Rafael Henrique | Sopa Pictures | Lightrocket | Getty PicturesCrypto service supplier Prime Belief agreed Thursday to…