FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Dali Owners Fork Over $102 Million in Key Bridge Collapse Settlement
The Singaporean shipping companies that own and operate the vessel that crashed into Baltimore’s Francis Scott Key Bridge in March have agreed to pay $102 million in civil penalties over the costs of responding to its collapse.Report: Russia Provided Satellite Data for Houthi Attacks on Red Sea Shipping Owner Grace Ocean Private Limited and operator Synergy Marine Private Limited agreed to the settlement just one month after the Department of Justice slapped the company with a civil suit—one of multiple legal claims the companies are currently fighting. On March 26, a 985-foot Maersk-chartered container ship, the Dali, lost power twice on its...