United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty. Source
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
Tag: 12.7b
Tiger Global’s $12.7b venture down by 20%
Tiger Global Management posted a 20% loss on its $12.7 billion venture capital fund at the end of 2022. The news came up shortly after The Wall Street Journal reported that the company had brought down its investment in its venture capital funds by approximately 33%. Tiger Global marking down assets Tiger had partnered with several bankrupt firms, including FTX, Blockfi, and Babel, and others on the verge of collapsing, such as SERUM and Amber. It is unclear if Tiger has active accounts that result in losses in these companies.…