Prison-Phone Firm Aventiv to Explore Sale, Extend Debt Under New Deal - Bloomberg: Platinum Equity’s Aventiv Technologies reached a tentative deal with lenders that calls for the prison-phone company to sell itself sometime in the next year, according to a person with knowledge of the matter.
Goldman Sachs has been eyeing crypto bankruptcy claims | The Block: Goldman Sachs has been looking at investing in crypto bankruptcy claims, according to Mathew McDermott, global head of digital assets.
Judge approves $125 million PACER fees settlement with US judiciary | Reuters: The settlement will provide automatic reimbursements of up to $350 in fees for anyone who used PACER from April 2010 to May 2018. Anyone who paid more than $350 during that time can also receive a pro rata share of the remaining settlement funds.
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray: Because customers will be refunded based on the value of their portfolios at the time of the bankruptcy – not today’s much higher value – they will “never be returned to the same economic position they would have been in today absent [Bankman-Fried’s] colossal fraud,” Ray argued.
‘Why Were the Bitcoins Missing?’: FTX Bankruptcy Lead Slams SBF's ‘Delusional’ Defense - Decrypt: In a fiery victim impact statement, FTX's chief executive accused the crypto company's disgraced founder Sam Bankman-Fried of peddling "categorically, callously, and demonstrably false" claims about customer losses while showing no remorse for the billions allegedly stolen in one of history's biggest frauds.
