U.S. authorities say two FTX, Alameda executives have pleaded guilty to fraud
Caroline Ellison and Gary Wang, two integral members of the Sam Bankman-Fried now collapsed cryptocurrency businesses, are cooperating with prosecutors.
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Bankrupt miner Core Scientific may sell facilities under development: report
Core Scientific said it may sell some of its mining facilities under development that could be worth up to a gigawatt of power after it filed for bankruptcy protection.
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U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin
Core Scientific, one of the largest publicly traded crypto mining firms in the U.S., filed for Chapter 11 bankruptcy protection in the state of Texas on Wednesday.
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FTX says it has over US$1B in cash assets
The new restructuring team of FTX has reportedly located over US$1 billion in cash assets that are held in U.S. financial institutions.
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Retail-owned Bitcoin supply reaches all-time high
The supply of Bitcoin owned by retail investors has reached an all-time high of around 17%, according to blockchain research firms Glassnode and IntoTheBlock.
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BlockFi asks U.S. bankruptcy court to unfreeze accounts for some of its users
BlockFi, an early victim of the financial contagion caused by the collapse of the FTX cryptocurrency exchange, said it wants to return assets locked up in its bankruptcy proceedings.
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Bitcoin miner Greenidge strikes deal with NYDIG to restructure debt
Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million.
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FTX founder Sam Bankman-Fried set to return to the U.S. on Wednesday
Sam Bankman-Fried, former CEO of FTX, has signed documents in the Bahamas for extradition and is scheduled to the U.S. on Wednesday.
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South Korea freezes US$93 mln in assets of former Terra-Luna associates
A S.Korean court has approved prosecutors’ request to freeze assets of US$93.3 million belonging to seven former associates of Terraform Labs.