Diamond Sports must pay four MLB teams in full, bankruptcy judge says
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field in Cleveland, May 17, 2022.…
MLB to air San Diego Padres games after Diamond Sports stops payments
Daniel Camarena of the San Diego Padres hits a grand slam during the fourth inning of a baseball game against the Washington Nationals at Petco Park in San Diego, July…
Lordstown Motors warns of bankruptcy after Foxconn funding deal falters
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Shares of electric vehicle startup Lordstown Motors disclosed on…
SVB Financial seeks bankruptcy protection for reorganization
A Silicon Valley Bank office in Napa, California, US, on Monday, March 13, 2023. David Paul Morris | Bloomberg | Getty Images SVB Financial Group said on Friday it filed…
FTX founder Sam Bankman-Fried faces new criminal charges
FTX co-founder Sam Bankman-Fried was hit Thursday with four new criminal charges, including ones related to commodities fraud and making unlawful political contributions, in a superseding indictment filed in New…
Crypto lender Genesis Trading lays off 30% of workforce
Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Genesis Trading, the embattled crypto lending arm of Barry Silbert’s Digital Currency Group, has cut headcount by…
Sam Bankman-Fried pleads not guilty to fraud charges in New York
Sam Bankman-Fried pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. The…
Binance.US to buy Voyager’s assets for $1 billion after FTX deal failed
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin…
Red flags from business past
Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images Kris Marszalek wants everyone to know that his…
Sam Bankman-Fried could face years in prison over FTX meltdown
FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service…