U.S. Investigates How $372 Million Vanished in Hack After FTX Filed For Bankruptcy
The Department of Justice has launched a criminal probe into the stolen assets.
Hacking
Crypto Lender BlockFi Files for Bankruptcy in Aftermath of FTX
Valued at $3 billion in March 2021, BlockFi looked to raise money at a reduced valuation of about $1 billion in June.
Cryptocurrencies Extend Losses as FTX Commences U.S. Bankruptcy
FTX founder Sam Bankman-Fried also resigned as chief executive officer this morning.
Detroit Bankruptcy Creditors Object to City’s Disclosure
Detroit creditors are expected to file a flood of objections to the city's disclosure statement this week, setting the stage for a clash with the city at an April 17 hearing over whether the document contains enough information about the city's restructuring plans.