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Mealeys

MLex

FTX Trading Ltd.

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Case overview

Case Number:

1:22-bk-11068

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. March 05, 2025

    FTX Customer Committee Seeks $3M In Ch. 11 Fees

    A committee of non-U.S. FTX customers has told the Delaware bankruptcy court the group played an essential role in getting FTX's Chapter 11 plan confirmed, urging a judge to approve its application for roughly $2.7 million in fees.

  2. February 26, 2025

    Jailed Ex-FTX Exec's Lawyers Can't Drop From Ch. 11 Suit

    Attorneys from Montgomery McCracken Walker & Rhoads LLP representing former FTX Trading executive Ryan Salame cannot yet withdraw as his counsel in an adversary case seeking the return of $99 million in company funds after a Delaware bankruptcy judge said Wednesday he needed more information about the firm's difficulties in communicating with their incarcerated client.

  3. February 21, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Sticky's Chicken asked a New York bankruptcy judge to flip its Chapter 11 case to a Chapter 7 after cold and congestion pricing undercut its plans to reemerge from bankruptcy a healthier company, a former Silicon Valley Bank employee asked a bankruptcy judge to approve her late submission of a claim in the bankruptcy case of SVB's defunct parent and FTX defended adversary cases it brought over alleged fraud in the debtor's prebankruptcy acquisition of a stock trading platform.

  4. February 10, 2025

    FTX Having Trouble Serving Binance With Ch. 11 Lawsuit

    The estate of fallen cryptocurrency exchange FTX told a Delaware bankruptcy judge late Friday that its attorneys haven't yet been able to serve Binance and its former CEO Changpeng Zhao a lawsuit seeking to recover nearly $1.8 billion that FTX is accused of illegally transferring prior to its collapse two years ago.

  5. January 09, 2025

    FTX Squabbles With Crypto Startup Over EU Distributions

    The estate of bankrupt crypto exchange FTX said it had no involvement with a startup cryptocurrency exchange's announcement that it had purchased FTX EU and would be handling distributions to former customers of the FTX European subsidiary.

  6. January 06, 2025

    Giuliani's Held In Contempt, Terraform Founder Denies Fraud

    A Manhattan federal judge held Rudy Giuliani in contempt over a $148 million defamation judgment, after the former New York City mayor cited memory lapses during questioning about the case. Terraform Labs founder Do Kwon was arraigned in New York and denied orchestrating a $40 billion fraud, with a follow-up hearing scheduled for Jan. 8. Celsius Network appealed a Delaware bankruptcy judge's decision to deny its amended $444.6 million claim against FTX. 

  7. January 02, 2025

    Celsius To Challenge $445M Claim Denial In FTX Bankruptcy

    Celsius Network's post-Chapter 11 plan counsel filed an appeal on Thursday of a Delaware bankruptcy judge's denial of the cryptocurrency network's amended $444.6 million claim against fellow bankrupt crypto platform FTX.

  8. December 17, 2024

    Purdue, FTX Top Biggest Bankruptcy Cases, Trends Of 2024

    The U.S. Supreme Court's decision to throw out nonconsensual third-party releases in opioid maker Purdue Pharma's Chapter 11 reverberated through the bankruptcy domain in unexpected ways this year, but it was just one among many major events to shape bankruptcy in 2024.

  9. December 11, 2024

    FTX Settles With Congressional PACs In Ch. 11

    FTX reached more than a dozen settlements in November with various political action committees, including deals with the Democratic-aligned Senate Majority PAC and the House Majority PAC worth $3 million and $6 million, respectively, the bankrupt crypto company told a New York bankruptcy court.

  10. December 09, 2024

    NY Diocese Plan Confirmed, Bankruptcy Bills Reintroduced

    A diocese covering 132 Roman Catholic parishes on New York's Long Island has secured confirmation of its Chapter 11 plan in a case it started four years ago. An Oregon federal judge has ruled that memos tied to an ethics scandal in the Southern District of Texas' bankruptcy court aren't shielded by attorney-client privilege. And members of the U.S. Senate have renewed legislation to ban the controversial "Texas two-step" bankruptcy maneuver and add protections for rank-and-file workers impacted by corporate insolvencies.