bankruptcy case
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Celsius Network Considers Legal Action Against Bloggers and Creditor For Leaked Internal Information
According to reports, a court document indicates that the bankrupt cryptocurrency platform Celsius Network intends or may consider taking legal action against cryptocurrency blogge
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FTX Financial Statements: Alameda Research transferred and loaned approximately $2.2 billion to SBF
According to reports, FTX and its affiliated debtors submitted financial statements to the bankruptcy court, which showed that Alameda Research had transferred and loaned as much as $3.2 billion to FTX’s founders and executives, including Sam Bankman Fried (approximately $2.2 billion), Nishad Singh (approximately $587 million), Gary Wang (approximately $246 million), Ryan Salame (approximately $87 million), John Samuel Trabucco (approximately $25 million) Caroline Ellison (approximately $6 million). These amounts do not include over $240 million for the purchase of luxury homes in the Bahamas, political and charitable contributions directly provided…
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BlockFi creditors object to the seizure of cryptocurrency in the wallet as a bankruptcy claim
It is reported that according to the order of Michael Kaplan, the US bankruptcy judge, BlockFi’s proposal to return the digital assets in the customer’s wallet was postponed, while the two sides tried to resolve their differences. The dispute has escalated to BlockFi accusing creditors of “being divorced from reality”, while creditors accused BlockFi of “losing temper”. Interpretation of this information: The recent news surrounding BlockFi and its bankruptcy case has been met with disappointment as the proposal to return digital assets held by customers has now been postponed. Michael…
