Bankruptcy

FTX Trading Bankruptcy: Protecting Your Company’s Interests.

Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068. Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward. On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have

Bonds, Bitcoin Bonds

Just over a year ago El Salvador made history by becoming the first, and only country in the world to make Bitcoin legal tender. Much to the anger of the international community of central bankers, they pushed ahead with their plans, doubling down by planning a $1 billion bond release to build Bitcoin City. According to the mainstream media, El Salvador’s experiment with cryptocurrency has been an unmitigated disaster. The country is on the verge of bankruptcy, there hasn’t been widespread adoption of crypto, and the president is a ruthless

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

5 Factors to Consider When Choosing a Crypto Trading Platform

Ready to start trading cryptocurrency? If so, the first step is finding the best trading platform (or platforms). Many platforms are available and, although some are bigger and more popular than others, no exchange is widely considered to be “the best”. Each trading platform has certain pros and cons. What works for some on one platform may not be ideal for others. This Cove Market overview provides a good look at some of the features the major players have. As a trader, you might look for specific elements based on

TimeSplitters Sequel Development Kicking off Soon at Newly Reformed Free Radical Design

Deep Silver reforms the studio under the leadership of original co-founders David Doak and Steve Ellis. It’s been over a decade and a half since we got the last TimeSplitters game, but a return of the franchise has been on the cards for some time now. Holding company Embracer Group acquired the IP back in 2018, and a year later, the series’ co-creator and co-founder of original developer Free Radical Design Steve Ellis joined up to help plot the future of the series. Now, we have (somewhat) concrete news on what that’s

Sandbox VR announces first new LBE VR location in Las Vegas after reemerging from bankruptcy last year

In Virtual Reality News March 25, 2021 – After reemerging from bankruptcy at the end of 2020, location-based entertainment (LBE) provider Sandbox VR has today announced that it has signed a contract to open its latest location in Grand Canal Shoppes inside The Venetian Resort in Las Vegas, US. The company stated that it anticipates it will be opening the new site in the early summer of 2021. Sandbox VR provides socially immersive experiences that utilize a combination of full body motion capture and VR technologies to allow visitors to

Tales From the Borderlands is Now Available (Again) for PS4, Xbox One and PC

The re-release is also backwards compatible on PS5 and Xbox Series X/S. Tales From the Borderlands, an episodic adventure by Gearbox Software and Telltale Games, is available for purchase again on digital storefronts. It was originally removed when Telltale Games faced bankruptcy and subsequently shut down (before being revived again). Along with Xbox One, PS4 and PC via Steam, it’s also available on Epic Games Store and supports backwards compatibility on Xbox Series X/S and PS5. Comprised of five episodes, Tales From the Borderlands takes place after the second game

What Happens When Blockchain-Meets-Crypto-Meets-Gaming?

On the surface, ‘Crypto’ and ‘Gaming’ seem like an intuitive couple, yet the current landscape of these largely complementary industries reveals that the fusion of the two is still very much under construction. The challenges posed by accessibility, reach, design, function and a plethora of others immediately springing to mind are bravely being tackled by many crypto and tech wizards, yet only a handful are pioneering this evolution. In this article, we’ll review the industry’s lay of the land and evaluate its most recent developments. A unique opportunity Since crypto

Enter the World of Chaldea, an Epic Fantasy Series Premiering to Fans…

World of Chaldea "All RPG game masters dream of sharing their worlds that they've so lovingly crafted over the years, but the market of RPG world settings is flooded. Yet there's always room for another great fantasy story," said Peter Adkison, co-creator of Chaldea SEATTLE (PRWEB) December 16, 2020 For fantasy fans, a new world brings anticipation, excitement and opportunity to delve outside the ordinary. Enter the World of Chaldea, a new fantasy series created by Peter Adkison and told through comic art using motion graphics, voice over actors, sound

FCCG Annual Report Reveals Striking Impacts of COVID-19 on Those…

The Florida Council on Compulsive Gambling, Inc. 888-ADMIT-IT HelpLine contacts received during the final quarter of the fiscal year were markedly more severe due to compounding financial and mental health impacts, likely worsened by the pandemic. SANFORD, Fla. (PRWEB) October 26, 2020 Today, the Florida Council on Compulsive Gambling (FCCG) released its FY 2019-2020 Annual Report of its statewide 24-hour Problem Gambling Confidential and Multilingual HelpLine (888-ADMIT-IT), which revealed important findings, some of which present significant implications. During this past fiscal year (July 1, 2019 to June 30, 2020), the