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Mealeys

MLex

FTX Trading Ltd.

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Case Number:

1:22-bk-11068

Court:

Delaware

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  1. February 06, 2023

    FTX Asks Politicians To Return Donations By Month's End

    Bankrupt cryptocurrency exchange FTX Trading Ltd. is reaching out to political figures and groups that received donations from the company's leadership prior to its collapse, demanding recipients return the funds by the end of the month or face legal action.

  2. February 06, 2023

    FTX, Trustee Urged To Negotiate On Ch. 11 Examiner

    Bankrupt cryptocurrency exchange FTX Trading Ltd. and the Office of the U.S. Trustee will discuss resolving the trustee's motion to appoint a Chapter 11 examiner in the company's insolvency case after a Delaware federal judge urged the parties Monday to come to a resolution without court intervention.

  3. February 03, 2023

    New FTX CEO To Testify In Bankruptcy Examiner Showdown

    The Office of the United States Trustee intends to call John J. Ray III, the new CEO of bankrupt cryptocurrency exchange FTX Trading Ltd., to testify as part of its bid to have an examiner appointed to investigate the company's downfall last year, which saw tens of billions of dollars in value evaporate over the course of eight days.

  4. January 30, 2023

    Alameda Seeks Return Of $446M From Voyager Digital

    Alameda Research, the trading arm of defunct crypto exchange FTX Trading Ltd., is attempting to claw back nearly $446 million from bankrupt cryptocurrency lender Voyager Digital with a Monday adversary action claiming Voyager and others "knowingly or recklessly" funded the misconduct that led to Alameda and FTX's demise.

  5. January 26, 2023

    FTX Wants Ch. 11 Subpoenas For SBF, His Family And Execs

    Bankrupt cryptocurrency exchange FTX Trading Ltd. asked a Delaware court Thursday for permission to issue subpoenas to the company's indicted co-founder and ex-CEO, Sam Bankman-Fried, and his family members, seeking information about their personal assets and any transactions they made with the company prior to its Chapter 11 filing.

  6. January 25, 2023

    FTX Says Examiner Would Be Unnecessary In Its Ch. 11

    Bankrupt cryptocurrency exchange FTX Trading Ltd. and its unsecured creditors committee filed objections to a request by the U.S. Trustee's Office for the Delaware bankruptcy court to appoint an examiner to look at FTX's finances, arguing Wednesday their own investigations will be sufficient.

  7. January 20, 2023

    Sullivan & Cromwell Gets Green Light To Rep FTX In Ch. 11

    A Delaware bankruptcy judge on Friday approved the appointment of Sullivan & Cromwell LLP — which had come under fire from several directions and from members of Congress — as Chapter 11 counsel for FTX, dismissing arguments by a pair of FTX customers that the firm was conflicted because of its prior work for the cryptocurrency exchange.

  8. January 18, 2023

    $415M In Crypto Hacked Since Ch. 11, FTX Tells Creditors

    Bankrupt cryptocurrency exchange FTX Trading Ltd. has told unsecured creditors that $415 million in cryptocurrency has been lost to hackers since the company filed for Chapter 11 in November, even as it has recovered $5.5 billion in liquid assets in that time period.

  9. January 17, 2023

    FTX, US Trustee Spar Over Sullivan's Bid To Be Ch. 11 Counsel

    FTX on Tuesday pushed back on a bid from the U.S. Trustee's Office to block Sullivan & Cromwell's appointment as its bankruptcy counsel, saying there's no conflict of interest between the law firm and the defunct cryptocurrency exchange, especially since Sullivan was the one that called the feds on the operation ahead of its bankruptcy filing.

  10. January 13, 2023

    Voyager Sells Digital Assets For $1B, FTX Finds $5B In Crypto

    Cryptocurrency debtors put billions of dollars in play this week as Voyager Digital Holdings got the nod for a $1 billion sale of assets and FTX Trading located $5 billion of its own assets. Over at the U.S. Supreme Court, the justices wrestled with Puerto Rican sovereignty in a case involving the island's fiscal board. This is the week in bankruptcy.