Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices
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Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors
FTX Crypto Exchange Files For Bankruptcy, CEO Resigns
Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns
FTC Closely Watching Developments At Twitter, As More Resign
Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning
Britishvolt Secures Funding For Five Weeks
Staff at battery start-up Britishvolt in Northumberland take a pay cut, after it secures five-week funding lifeline
UKCloud Placed Into ‘Compulsory Liquidation’
Public-sector cloud provider UKCloud and parent Virtual Infrastructure Group has been forced into compulsory liquidation
Celsius Seeks Permission To Sell Stablecoin Assets
Bankrupt cryptocurrency lender Celsius Network files request to sell its stablecoin assets, as it seeks funds to continue operations
Bankrupt Celsius Network To Pay CFO $90,000 Per Month – Report
Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month
Celsius Network Files For Bankruptcy Protection
Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure
Celsius ‘Deeply Insolvent’, US State Regulator Believes
Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and other creditors”
Tesla Factories In Texas, Germany Losing Billions Of Dollars, Says...
Car factories for Tesla in Austin, Texas and Germany are “gigantic money furnaces right now” and losing billions, says Elon Musk
Google’s Russian Unit To File For Bankruptcy – Update
Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for bankruptcy
SpaceX’s Elon Musk Warns Of Bankruptcy Risk Over Engine Issue
SpaceX CEO Elon Musk warns of “disaster” concerning production of Starship Raptor engine that puts entire firm at bankruptcy risk
Elon Musk Admits Tesla Was ‘A Month Away’ From Bankruptcy
The CEO of the world's most valuable car maker has admitted Tesla was at one stage in serious danger of running out of money
Role Of Wirecard Supervisors To Be Probed By EU
The actions of financial supervisors responsible during the Wirecard collapse should be investigated, says senior EU official
UK Government To Acquire £400 Million Stake In OneWeb
Watch out SpaceX's Elon Musk? British government and Bharti Global announce deal to acquire satellite broadband company OneWeb
Wirecard Collapses, Files For Insolvency
German fintech start-up Wirecard has filed for insolvency, becoming the first DAX member to fail after a financing scandal
OneWeb Launches More Satellites, Despite Bankruptcy Report
London-based broadband provider launches more satellites into space to increase coverage, despite Coronavirus and reports of bankruptcy move