Bankruptcy


Финансы

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.

FTX founder Sam Bankman-Fried in March of 2023. He could be returning to jail early if a court decides he has violated conditions of his bail. (Michael M. Santiago/Getty Images)

Видео

SVB Financial Group Files for Chapter 11 Bankruptcy Protection

Silicon Valley Bank's former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments in the U.S. banking turmoil and what it means for crypto.

Recent Videos

Финансы

Silicon Valley Bank's Former Parent Company Files for Bankruptcy

The bank had some crypto customers, including Circle Internet Financial and Ripple.

SVB Financial, the parent company of Silicon Valley Bank, filed for bankruptcy in New York. (Shutterstock)

Политика

Genesis Requests Timetable for Sale, Creditor Claims

The company wants to sell off its business after filing for bankruptcy on Jan. 19.

(Javier Zayas Photography/Getty Images)

Финансы

FTX Paid Around $2.2B to Sam Bankman-Fried, New Management Says

The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Политика

Voyager-Binance.US Pause Denied by Bankruptcy Judge

A New York court denied the government’s request to halt the $1 billion deal, saying delay would harm customers.

(Witthaya Prasongsin/Getty Images)

Политика

Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says

The Department of Justice doesn’t like provisions that would render Voyager immune from prosecution for former wrongdoing

Department of Justice (Shutterstock)

Финансы

Three Arrows Capital Co-Founder Kyle Davies: No Pending Lawsuits or Regulatory Action

Davies spoke to CoinDesk from an office in Dubai.

(Unsplash)

Политика

BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney

The company had millions deposited with Silicon Valley Bank but regulators intervened Sunday evening to safeguard all customer monies.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Политика

U.S. Justice Dept. Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.

Department of Justice (Shutterstock)