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Tag: Bankruptcy Code

Supreme Court rules 9-0 that bankruptcy filers can’t avoid debt incurred by another’s fraud

A TV camera points to the U.S. Supreme Court as justices inside heard arguments in Gonzalez v. Google at the court in Washington, February...

Former FTX CEO Sam Bankman-Fried to Appear in court remotely

A request has been made by representatives for Voyager Digital's unsecured creditors to have the former CEO of FTX, Sam Bankman-Fried (SBF), as well...

Aruze Gaming’s Financial Restitution – Voluntary Petition for Bankrupcy

One of the most popular developers of gambling entertainment solutions in the world, Aruze Gaming, is experiencing some financial difficulties these days. The company...

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint...

FTX Seeks to Dismiss Turkish Entities From Bankruptcy Case

The imploded cryptocurrency exchange FTX wants the Delaware bankruptcy court to expel its Turkish units from the bankruptcy case, arguing that U.S. court orders...

IronNet Announces Receipt of Continued Listing Standard Notice from NYSE

MCLEAN, Va.–(BUSINESS WIRE)–IronNet, Inc. (NYSE: IRNT) announced today that it received written notice on January 24, 2023 from the New York Stock Exchange (NYSE)...

Digital Surge narrowly avoids collapse

Despite having millions of dollars' worth of digital assets locked up in the now-defunct FTX cryptocurrency exchange, the Australian cryptocurrency exchange Digital Surge looks...

The Federal Home Loan Banks System is lending to cryptocurrency

According to a report that was published by The Wall Street Journal on January 21, the Federal Home Loan Banks System (FHLB) of the...

DCG’s Subsidiary Genesis Global Files for Chapter 11 Bankruptcy

Digital Currency Group (DCG) subsidiary Genesis has finally filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late...

US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried

The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former...

Companies and investors may need to return billions in funds paid by FTX

The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to...

FTX and its founder Bankman-Fried diverted $200 million of customer money to fund investments in 2 tech startup companies

The collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried diverted $200 million of customer funds to make two venture capital investments, according...

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