Tuesday, May 13, 2025
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FTX, Alameda Seeks to Recover $71M from FTX’s Philanthropic, Life Science Arms

They made the transfers to life science companies like Lumen Bioscience Inc. and Platform Life Sciences Inc. under the guise of effective altruism, a philosophy espousing the transfer of wealth from affluent individuals to those in financial need, the filing shows. But, helping the less fortunate wasn't the charitable arms

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Celsius files lawsuit to recover $150M from staking platform StakeHound

Bankrupt crypto lender Celsius Network has filed a lawsuit against liquid staking platform StakeHound after the company allegedly failed to return $150 million worth of tokens owned by Celsius. According to a court document filed by Celsius, the company placed 40 million Polygon (MATIC), 66,000 Polkadot (DOT), 25,000 staked native Ether

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Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto

It’s not every day that one discovers they've suddenly become $322,000 richer — but for one lucky crypto investor, this is exactly what happened in the waning hours of July 5.In a recent Twitter thread, Conor Grogan, the head of product at Coinbase explained how he uncovered hundreds of thousands

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AzukiDAO proposes to recover 20,000 ETH from Azuki founder ‘Zagabond’

A new decentralized autonomous organization purportedly made up of a “dedicated group of Azuki enthusiasts,” has launched a proposal to claw back 20,000 Ether (ETH) from Zagabond, the founder of the blue-chip non-fungible token (NFT) brand Azuki. The proposal, initiated on July 2, outlines hiring a lawyer to take legal action

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Ledger co-founder addresses ‘Recover’ concerns, says wallet is secure

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Éric Larchevêque, the co-founder and ex-CEO of Ledger, a hardware wallet manufacturer, has spoken out in reaction to the cryptocurrency community’s widespread criticism of the release of Ledger Recover. Ledger is not flawed despite criticism Ledger Recover

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Ledger co-founder clarifies “there is no backdoor” in Recover firmware update

The launch of Ledger Recover, a service that allows users of the Ledger hardware wallet to back up their secret recovery phrases, met with immense resistance from the crypto community. Ledger co-founder and ex-CEO Éric Larchevêque took the criticism against Ledger as “a total PR failure, but absolutely not a

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Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially

Crypto brokerage Voyager’s bankruptcy plan was approved by the United States Bankruptcy Court for the Southern District of New York on May 17, according to a Reuters report. Judge Michael Wiles’ order approving the procedure was published by the court a day earlier. The so-called third bankruptcy plan was proposed on

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