A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Posted inBankruptcies BlockFi Inc Celsius Network LLC Compensation for Damages (Law) Computers and the Internet Genesis Global Capital HK FTX Trading Ltd (Futures Exchange) KIRKLAND & ELLIS Legal Profession Prices (Fares, Fees and Rates) Suits and Litigation (Civil) Sullivan & Cromwell Virtual Currency Voyager Digital LLC

A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers

Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Tesla Investors Fear for a Tough 2023
Posted inBankman-Fried, Sam BlockFi Inc Buck, Joe Buffalo Bills Cincinnati Bengals Digital Currency Group Inc Electric and Hybrid Vehicles Football Genesis Global Capital Gensler, Gary S Hamlin, Damar (1998- ) HK FTX Trading Ltd (Futures Exchange) House of Representatives McCarthy, Kevin (1965- ) Microsoft Corp Musk, Elon Tagovailoa, Tua Tesla Motors Inc Twitter Volkswagen AG

Tesla Investors Fear for a Tough 2023

A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
Posted inBank of America Corporation Bankman-Fried, Sam Barclays PLC Blinken, Antony J BlockFi Inc Citigroup Inc Credit Suisse First Boston Corp Credit Suisse Group AG Ellison, Caroline (1994- ) Gold's Gym International Inc Goldman Sachs Group Inc Guggenheim Partners LLC HK FTX Trading Ltd (Futures Exchange) House Select Committee to Investigate the January 6th Attack Musk, Elon Regulation and Deregulation of Industry Robinhood Financial LLC Schon, Neal Stocks and Bonds Tesla Motors Inc Trump, Donald J Twitter

Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle

The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
Small Investors Who Jumped Into Crypto on FTX Say, Now What?
Posted inAdvertising and Marketing Banking and Financial Institutions Bankman-Fried, Sam Bankruptcies BlockFi Inc HK FTX Trading Ltd (Futures Exchange) Personal Finances Regulation and Deregulation of Industry Shutdowns (Institutional) Suits and Litigation (Civil) United States Virtual Currency

Small Investors Who Jumped Into Crypto on FTX Say, Now What?

Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.