Is MicroStrategy the next FTX?
MicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.
JinseFinanceMicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.
JinseFinanceBitFlyer 计划以数十亿日元收购 FTX Japan,旨在将其重新定位为面向机构投资者的数字资产管理公司。 FTX 的重组涉及出售子公司以偿还债权人,目前关于现金与加密货币偿还的争议持续存在。
ZeZhengBitFlyer plans to acquire FTX Japan for billions of yen, aiming to reposition it as a digital asset management firm for institutional investors. FTX's restructuring involves selling subsidiaries to repay creditors, with ongoing disputes over cash versus crypto repayments.
ZeZhengRay told the court that when he took over, the exchange's coffers were nearly empty - just 105 Bitcoins were left on the platform, out of the nearly 100,000 Bitcoins to which customers were entitled.
JinseFinanceFTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
Xu LinIn a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanReport Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
OthersThe Financial Times has seen a copy of an FTX balance sheet showing that the bankrupt crypto exchange had only $900mn of assets it could easily sell.
Financial TimesBoth the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January.
Cointelegraph