@EchoBase CEO Roshan Dharia warns that offshore entities and pooled wallets can leave crypto depositors as unsecured creditors in bankruptcy. He urges segregated custody and daily asset checks. #Update #Custody
Hut 8 wins the auction for Poolin’s Texas data-center sites with a $140 million bid, pending U.S. Bankruptcy Court approval. #Update #Mining
@AIFinancial faces bankruptcy risk due to locked World Liberty Financial (WLFI) tokens valued at $706M, unable to liquidate against initial costs of $1.46B. #Update #Crypto $WLFI
@BitcoinDepot, a major U.S. cryptocurrency ATM operator, has filed for voluntary bankruptcy due to regulatory pressures, planning asset sales and restructuring in Canada amid tightening compliance challenges. #Breaking #Crypto $BTC
@BlockFills files for Chapter 11 bankruptcy, citing liabilities of $100M-$500M and assets of $50M-$100M amid challenging market conditions. Services were halted in February 2026. #Update #Crypto
Evgeny Gaevoy, CEO of @Wintermute, dismisses bankruptcy rumors in crypto, citing improved transparency. Major risks include futures liquidations and hacking, but exchanges manage margins better now. Legal issues deter concealment. #Update #Crypto
Sam Bankman-Fried claims FTX was solvent during its bankruptcy, alleging legal mismanagement and lobbying for a pardon from Donald Trump. The document asserts sufficient assets to repay clients. #Update #Crypto $FTX
The Blockchain Recovery Investment Consortium, formed by @GXD Labs and @VanEck, secured $299.5 million from Tether in the Celsius bankruptcy case, settling a $4 billion claim. #Update #Crypto $CEL
FTX’s bankruptcy estate will distribute $1.6 billion to creditors starting September 30, recovering 95% for U.S. customers and 78% for “Dotcom” users #Update #Crypto $FTX
Former @CelsiusNetwork CEO Alex Mashinsky seeks a one-year sentence, contesting the DOJ’s 20-year recommendation for fraud related to the platform’s collapse. #Breaking #Legal (-8) ↘
@FTX_Official plans to repay primary creditors $11.4B by May 2025, following its Chapter 11 filing in November 2022 due to liquidity and fraud issues. #Update #Crypto (+3) ↗
Elon Musk warns of imminent US financial collapse, urging public to aid the Department of Government Efficiency in curbing waste. @Tesla supports this initiative. #Breaking #Economy (+8) ↘ (Source: News.Bitcoin)
