2023-1-28 19:26 |
Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy origin »
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A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Genesis has slashed its staff members and is now considering a chapter 11 bankruptcy filing. This is not the first time […]
2023-1-6 12:15 | |
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The past 2022 has shown that in addition to the decline in the value of leading cryptocurrencies, reduction of staff, bankruptcy of sites, new trends have formed in the market. Most likely, they will dominate the crypto market throughout 2023, and possibly the next few years.
2023-1-4 18:27 | |
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John Ray III, the new FTX CEO, is looking to assist FTX and its approximately 101 affiliated companies (FTX Debtors) work their way through the bankruptcy court.
2022-11-29 14:10 | |
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Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.
2022-11-12 21:24 | |
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A New York bankruptcy judge has approved Voyager Digital's plans to pay bonuses to staff the insolvent lender considers crucial to its future. The post Bankruptcy Judge Approves Voyager Key Employee Bonuses Despite Creditor Protests appeared first on BeInCrypto.
2022-8-25 13:30 | |
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Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings.
2022-8-25 12:15 | |
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CX Technologies, the Israeli company behind DX.Exchange, entered bankruptcy after 78 of its employees filed a petition against the company
2019-11-26 21:32 | |
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Twitter user @SandorReport tweeted on May 20, 2019, that cryptocurrency exchange Cobinhood had pulled an exit scam after it suspiciously filed for bankruptcy and appointed a liquidator to lay off its entire staff.
2019-5-21 18:00 | |
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The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter.
2019-1-31 10:16 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.