Bankruptcy

Some attention has turned toward Caroline Ellison over her position as CEO of the FTX-linked trading firm Alameda Research amid the rapid collapse of FTX.

Liquidators for FTX filed a petition to a New York court, rejecting the validity of US bankruptcy proceedings, arguing that Bahamanian law takes precedent.

Billionaire investor Ken Griffin, the founder and CEO of multinational hedge fund Citadel, warned that the collapse of cryptocurrency giant FTX could weaken confidence in financial markets at large and hurt the ability of younger investors to save for retirement.

The bankruptcy of FTX is expected to trigger more failures among cryptocurrency companies but whether those failures spill into the general economy is still undetermined.

FTX, one of the world's largest cryptocurrency exchanges, has rapidly collapsed. Here are some of the entities and individuals potentially impacted by it.

Bankrupt cryptocurrency exchange FTX said it may have more than a million creditors, including tens of thousands of customers as its assets remain frozen in the Bahamas and criminal probes get underway.

The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.

The CEO of Binance has announced his crypto exchange will no longer accept tokens from FTX for deposit.

Former Treasury Secretary Larry Summers has suggested cryptocurrency exchange FTX's collapse could have similarities to energy firm Enron's scandal.

Sears Holdings shrunk from almost 700 stores to just over 20 while spending four years in bankruptcy.

Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend.

Cineplex wants to buy Regal Cinemas from bankrupt UK company Cineworld. Cineworld is the 2nd-largest cinema company in the world right now. AMC is number one.

Bankruptcy Judge Chapman closed the brokerage's estate on Wednesday and awarded final payments to the trustee and his law firm who oversaw the liquidation.

Tuesday Morning Corp. landed a $35 million financing deal from the company that controls Pier 1 Imports in a move that will strengthen the retailer’s balance sheet.

AMC Entertainment CEO Adam Aron reacted on social media to rival movie theater chain Cineworld filing for Chapter 11 bankruptcy protection on Wednesday.

Regal Cinemas British parent Cineworld filed for bankruptcy after warning of a weak fall movie slate and expects to emerge from bankruptcy early next year