Major road construction company Allroads Pty Ltd collapses owing more than $80million
Allroads, a Brisbane-based road construction company and a subsidiary, now owes creditors more than $80million.
Source: dailymail.co.uk
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FTX resumes paying staff and contractors after weeks in limbo
FTX CEO John Ray III has confirmed that its employees and contractors will be able to be paid regularly again after a period of “temporary interruption” caused by FTX’s shock collapse.
Source: cointelegraph.com
Getting funds out of FTX could take years or even decades: Lawyers
"Injured parties" that emerged as a result of the FTX collapse shouldn’t expect to recover their funds anytime soon as insolvency lawyers suggest it could be "decades" before it happens.
Source: cointelegraph.com
What happened at Sargon court hearing
The Federal Court of Australia has adjourned its hearing on a case filed by former Sargon Capital founder Phillip Kingston, who is seeking an
Source: miragenews.com