Bankruptcy & Restructuring News Headlines for Wednesday Apr 19, 2023

Here's what we are reading this morning:

FTX Crypto Exchange Restart Plan Draws Interest From Tribe Capital VC - Bloomberg: Tribe co-founder Arjun Sethi met with FTX’s committee of unsecured creditors in January to discuss the informal proposal, according to people familiar with the matter, who asked not to be identified discussing confidential talks. Tribe is considering leading a $250 million fund-raising campaign, anchored by $100 million from itself and its limited partners, one of the people said.

Coinbase CEO Armstrong Open to Leaving US as Regulators Crack Down - Bloomberg: Crypto exchange Coinbase Global Inc. may consider moving its headquarters outside the US unless the country changes its approach to regulation, Chief Executive Officer Brian Armstrong said.





Older Post Newer Post