Blockworks verify icon

12M
...

Where crypto’s major bankruptcies stand right now

2022 was brutal for crypto, and the repercussions were felt well into this year with a number of companies working to graduate from bankruptcy.

A few have managed to use 2023 to get their bankruptcy exit plans approved by the necessary courts and some have even emerged altogether.

But out of the handful — from FTX to Genesis — that filed for bankruptcy throughout the past two years, where do the biggest cases stand?

FTX

The FTX bankruptcy continues, with November marking a year since Sam Bankman-Fried’s crypto empire collapsed. The former CEO now sits in jail in New York awaiting a February sentencing hearing after he was found guilty of seven counts of fraud earlier this…

Read more on Blockworks

83K Reads