US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

Alameda Drops Chancery Case Against Grayscale

By Ben Zigterman · January 22, 2024, 8:44 PM EST

Alameda Research Ltd., the bankrupt cryptocurrency hedge fund founded by Sam Bankman-Fried, has voluntarily tossed a lawsuit in Delaware's Court of Chancery that sought to force crypto asset manager Grayscale Investments...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

View Full Scorecard

Related Sections

Recent Articles By Ben