November 15, 2023
FTX Trading Ltd. received approval Wednesday to pay an ad hoc group of creditors' professional fees and expenses after the Office of the U.S. Trustee dropped its objection to the measure and a Delaware bankruptcy judge ruled that it would benefit the estate and FTX's effort to confirm a Chapter 11 plan.
November 14, 2023
FTX Trading Ltd. asked a Delaware bankruptcy judge to sign off on a settlement with Effective Ventures Foundation USA Inc. that would see the charity organization hand over more than $22.5 million in donations that the defunct crypto exchange had given it.
November 13, 2023
Defunct cryptocurrency exchange FTX wants to recover $953 million in assets that Bybit and its affiliates "raced to withdraw" in the days before FTX collapsed and filed for Chapter 11 protection last November, according to a lawsuit filed Friday in Delaware bankruptcy court.
November 13, 2023
FTX Trading Ltd. told a Delaware bankruptcy court that it should allow the company to pay fees that could total almost $13 million for an ad hoc group of creditors, saying objections from the U.S. Trustee's Office that FTX couldn't show the group's utility should be ignored.
November 13, 2023
Effective altruism organization Center For Applied Rationality has asked a Delaware bankruptcy judge to toss a subpoena from the Chapter 11 estate of FTX Trading Ltd., saying the donations it received came from FTX's charitable trust, which is not in Chapter 11.
November 08, 2023
The Chapter 11 case of cryptocurrency exchange FTX Trading Ltd. needs an independent investigation over its downfall, the U.S. Trustee's Office told the Third Circuit on Wednesday, and a Delaware bankruptcy judge erred in denying the trustee's request for the appointment of an examiner to conduct such an inquiry.
November 07, 2023
A hedge fund that purchased about $12 million in claims against the bankrupt cryptocurrency exchange FTX at a heavy discount sued the two sellers, alleging they reneged on the deal after the value of their claims rose.
November 02, 2023
Law360 reporters are providing live coverage of the trial of FTX Trading Ltd. founder Sam Bankman-Fried. Follow along here.
November 01, 2023
Law360 reporters are providing live coverage of the trial of FTX Trading Ltd. founder Sam Bankman-Fried. Here's a recap from day 17.
October 31, 2023
Law360 reporters are providing live coverage of the trial of FTX Trading Ltd. founder Sam Bankman-Fried. Here's a recap from day 16.