Financial difficulties
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Evaluating Options for Restarting or Selling FTX: An Overview
On April 19th, the official committee of unsecured creditors of FTX announced that it is working with debtors to evaluate all options for restarting or selling FTX and creating val
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Zipmex Asks Singapore Court for Extension of Restructuring Plan Amidst Liquidity Issues
According to reports, the cryptocurrency exchange Zipmex has requested the Singapore court to extend the restructuring plan again, which will allow its debt in
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Revitalizing FTX: Tribe Capital Proposes a $250 Million Plan in 2023
According to reports, Tribe Capital reported that in January 2023, its co founder Arjun Seti met with FTX\’s unsecured creditor committee to discuss a proposal t
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The Shrinking Workforce of Twitter: What Elon Musk’s Announcement Means
On April 18th, Musk announced that Twitter\’s employee base was about 20% of its original size. (Golden Ten)
Musk: Twitter has approximately 20% of its original -
The Ramifications of SBF’s Rejected Motion in Bankruptcy Court
According to reports, during Wednesday\’s hearing, bankruptcy court judge John Dorsey rejected SBF\’s motion to use a $10 million policy to pay lawyer fees.
The j -
British Government Abandons NFT Project: Royal Mint’s NFTs to Remain Unissued
According to reports, British Finance Minister Jeremy Hunt stated at a Treasury committee meeting on Wednesday that the government does not believe there will b
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Discussion between JPMorgan Chase and Other Bank CEOs on Stabilizing Troubled First Republic Bank
According to reports, JPMorgan Chase CEO Damon is leading discussions with CEOs of other large banks to take new measures to stabilize the troubled First Republ
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**Silicon Valley Bank Transition Bank Bidding Window Extended by FDIC**
On March 20th, the Federal Deposit Insurance Corporation of the United States extended the bidding window for the Silicon Valley Bank Transition Bank. The Feder
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The British Chancellor of the Exchequer: The British government regards the banking issue in Silicon Valley as a “high priority”
It is reported that the British Chancellor of the Exchequer said that the British government regarded the issue of Silicon Valley banks as a \”high priority\”. In
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Vauld Obtains Extension of Legal Protection, Plan to Alleviate Financial Difficulties Required by End of March
It is reported that at the hearing of the Singapore High Court on Monday, Vauld, a cryptocurrency lending institution, obtained further extension of legal prot…