Backpack Exchange, a global cryptocurrency trading platform, said Monday that its European division, Backpack EU, is officially live.Operating out of Cyprus and licensed under the European Union’s MiFID II framework,…
In brief
Fenwick & West moves to dismiss lawsuit alleging the law firm aided FTX's multi-billion dollar fraud, arguing it had no knowledge of wrongdoing.
Firm claims it only provided "routine and…
In brief
FTX investors have filed a lawsuit against Silicon Valley law firm Fenwick & West, accusing it of being “deeply intertwined” in the crypto exchange’s collapse.
Of 130 firms that worked…
In brief
Binance founder Changpeng Zhao has filed to dismiss a $1.8 billion lawsuit brought by the FTX bankruptcy estate.
The case concerns a 2021 equity buyback FTX arranged with Binance, allegedly…
Binance Holdings Ltd. Co-Founder Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss a $1.76 billion claim filed by an FTX trust, arguing the case falls outside American…
Former Binance CEO Changpeng Zhao asked the court to dismiss a lawsuit by FTX that seeks to recover almost $1.8 billion from a deal between Binance and FTX, which the…
Changpeng Zhao (CZ), the former CEO of crypto exchange Binance, has filed a motion in the Delaware bankruptcy court asking them to dismiss a $1.8 billion FTX lawsuit. The case…
The FTX bankruptcy estate has scheduled the next distribution to creditors, using funds no longer classified as disputed claims.The FTX Recovery Trust and debtor FTX Trading on Wednesday announced that…
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The FTX creditor community is awaiting a ruling next week that could let the FTX bankruptcy estate freeze payouts to creditors in “restricted countries,” including China.On Tuesday, the US Bankruptcy…