FTX Demands Protection of Assets from Liquidators of Bahamas Unit – What's Going On?
Defunct crypto exchange FTX has asked a US bankruptcy judge to protect its property from the liquidators in charge of winding down its Bahamas unit. In a lawsuit filed against the liquidators overseeing the wind-down of...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In a lawsuit filed against the liquidators overseeing the wind-down of its Bahamian affiliate FTX Digital Markets, FTX claimed that they are wrongly claiming ownership of the exchange's assets, Bloomberg reported, citing an adversary proceeding filed in bankruptcy court on Sunday....
Read More: FTX Demands Protection of Assets from Liquidators of Bahamas Unit – What's Going On?
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
Customers of GOPAX, a Korean exchange whose operator Streami is majority-owned by Binance, can now get crypto out only by emailing...
South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat
Bitcoin Magazine South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat South Korean cryptocurre...
Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block
Bitcoin Magazine Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block Thailand’s Securities and Excha...
Vitalik Buterin tells crypto exchanges to prioritize survival after Binance hack
Buterin's call for crypto exchanges to prioritize survival over competition highlights potential regulatory shifts and increased s...
Ex-FBI Agent’s Plea Puts Crypto Theft at $2.47 Million, Over Twice What He First Told the FBI
Patrick Steven Yaroch, a 37-year-old former FBI agent from Ashburn, Va., pleaded guilty on Nov. 5 to wire fraud and money launderi...
Thailand moves to block Bitget as crypto exchange's local acquisition faces uncertainty
Thailand’s SEC filed a criminal complaint against Bitget’s operator, alleging it ran an unlicensed crypto exchange for Thai users...