Hacker News
- FTX bankruptcy examiner's report [pdf] https://restructuring.ra.kroll.com/FTX/Home-DownloadPDF?id1=MzExMDk4OQ%3D%3D&id2=-1 107 comments
- Maximizing FTX Recoveries – Management and committee meeting [pdf] https://restructuring.ra.kroll.com/FTX/Home-DownloadPDF?id1=MTQzODU1NQ%3D%3D&id2=0 35 comments
- FTX just blackmailed Genesis into forgiving over 175m owed plus giving FTX an additional 175m claim against Genesis. The claim basically was that since FTX operated on fractional reserves and stole user assets, all the Genesis withdrawals should be reversed. https://restructuring.ra.kroll.com/genesis/Home-DownloadPDF?id1=MjQ2MTUwMg%3D%3D&id2=-1 9 comments btc
- After paying some of the highest BCH interest rates for as many BCH as they could get their hands on, Genesis is only holding 23K BCH. As many suspected THEY SOLD OFF EVERY BCH THAT THEY BORROWED. This is what yield paying companies do over and over again. Do not lend them your BCH. https://restructuring.ra.kroll.com/genesis/Home-DocketInfo?AttributeName=Cash+and+Coin+Report&DocAttrName=CASHCOINREPORT_Q&DocAttribute=4593&MenuID=9981 24 comments btc
- BlockFi Wallet Account Withdrawal Update https://restructuring.ra.kroll.com/blockfi 3 comments cryptocurrency
- The new FTX CEO confirmed FTX 2.0 on court documents https://restructuring.ra.kroll.com/FTX/ExternalCall-DownloadPDF?cid=0&id1=MTUwNzIwMw%3D%3D&id2=0 81 comments cryptocurrency
- Genesis files document showing current assets. Has only a tiny amount of crypto held. The rest was sold for USD and used by them to gamble on BTC and ETH. They only have 23k BCH to repay the hundreds of thousands they likely borrowed. https://restructuring.ra.kroll.com/genesis/Home-Index 10 comments btc
- BlockFi seems to be working to give back assets in their wallet https://restructuring.ra.kroll.com/blockfi.Clients 8 comments cryptocurrency