Tag: bankruptcy

Banking Tech, Mobile Banking

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

January 4, 2024

Via: Blockchain News

The United States witnessed a significant surge in bankruptcy filings in 2023, with an overall increase of 18%, according to Reuters. This upswing has been largely attributed to the confluence of several economic factors, primarily post-pandemic economic changes and rising […]

Invest tech, RegTech

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

December 28, 2022


Customers Sue FTX, SBF for Priority Right to Repayment Over Other Creditors Four FTX customers have filed a lawsuit on Tuesday against the crypto exchange and its former executives, including founder and ex-CEO Sam Bankman-Fried (SBF). They want the court […]

Blockchain, Crypto, Invest tech, Trading

FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares

December 23, 2022

Via: Cointelegraph

Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased by its former CEO Sam Bankman-Fried. On Nov. 28, BlockFi […]