FTX seeks $175M settlement with Genesis entities to resolve dispute
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement.
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FTX’s former law firm hit with lawsuit alleging it set up ‘shadowy entities’
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research.
Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’
New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers.
Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
Russia's central bank plans to create new institutions to mine crypto assets and settle international payments.
Huobi clarifies Korean operations: Two separate entities aiming at same market
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea.
You have our swords: 12 independent entities pledge legal support for Ripple
The evidence is mounting as “friends of the court” line up in support of Ripple Labs.
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.
South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday.
CFTC labels 34 crypto and forex firms as unregistered foreign entities
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson.