Tag: Bankruptcy
FTX Settles $228 Million Dispute with Bybit Amid Bankruptcy Proceedings
FTX has recently settled a $228 million dispute with the crypto exchange Bybit and its affiliates, putting an end to a lawsuit that was filed in November 2023. The lawsuit was seeking to recover...
Banq’s Bankruptcy Case Dismissed by U.S. Judge – What Happened next?
Banq, a crypto neobank that filed for Chapter 11 bankruptcy in a U.S. court in Nevada, had its application dismissed by Judge Natalie M. Cox. The judge found that the bankruptcy filing was a...
FTX Customer Sues Hedge Fund for Bankruptcy Payout Deal Breach
A former customer of FTX is taking legal action against a hedge fund for not honoring a deal regarding a bankruptcy payout. Alexander Nikolas Gierczyk claims that Olympus Peak, the hedge fund he sold...
