FTX has entered right into a settlement with liquidators for its unit within the This settlement entails the consolidation of property and adopting a unified strategy to valuing prospects’ on a press release shared with PR Newswire, this…
Liquidators
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Exchanges
FTX liquidators stake $150M in Ethereum and Solana tokens throughout weekend
by Jeremyby JeremyWhat’s CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and Study extra ›Related to AlphaWelcome! 👋 You’re related to CryptoSlate To handle your pockets connection, click on the button essential to lock a minimal…
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In line with a June 27 Bloomberg report, the liquidator claimed Davies and Zhu incurred the billion of debt when 3AC was already bancrupt, including to collectors’ 3AC reportedly owed collectors billion, making the founders’ potential legal responsibility…
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Blockchain
Three Arrows Capital Liquidators Search $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
by Jeremyby JeremyThe fund based by Su Zhu and Kyle Davies suffered massive losses on the collapse of the Terra ecosystem beginning in Could 2022 and took on extra leverage regardless of already being bancrupt, the liquidators Supply hyperlink
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The civil sanctions towards Davies for his contempt embrace an award of attorneys’ charges and a $10,000 every day high quality till he’s in The movement doesn’t apply to Su Zhu, the man co-founder of the bankrupt hedge
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Bitcoin NewsNews
FTX liquidators report alternate held $2.4M ‘fleet of autos’ within the Bahamas
by Jeremyby JeremyIn accordance with affidavit filed by a PricewaterhouseCoopers companion with the Bahamas’ supreme courtroom on 8, FTX’s joint provisional liquidators, or JPLs, stated the corporate had bought 52 properties within the Bahamas, together with items “within the identify of…
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Altcoin NewsNews
Alameda liquidators lose $11.5M on account of liquidations over 2 week
by Jeremyby JeremyOver $4 million of those losses may have been prevented if the liquidators had closed the agency’s place as a substitute of withdrawing collaterals, based on the liquidationsTwo weeks earlier than liquidators took over Alameda pockets “0x997,” the handle…