2023-7-17 12:14 |
It is unclear whether it is part of bankruptcy process or fundraising for Mashinsky's bail
Similar to Notcoin - Blum - Airdrops In 2024
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FTX disputes BlockFi's recharacterization and argues the claims must undergo nuanced due process instead. The post FTX Opposes Downgrading of Claims in BlockFi Bankruptcy Plan appeared first on BeInCrypto.
2023-7-6 16:35 | |
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The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000.
2023-6-27 13:00 | |
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Celsius’ plan needs to be approved by the New York bankruptcy court. Fahrenheit won the bid to acquire Celsius' assets after a lengthy auction process. Defunct crypto lender Celsius has suThe post Celsius submits revised bankruptcy plan after Fahrenheit deal appeared first on AMBCrypto.
2023-6-15 15:30 | |
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The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court.
2023-4-28 17:01 | |
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Per a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle agreement” to restructure the lending firm.
2023-2-7 21:32 | |
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Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw are those who deposited after the lender filed for bankruptcy.
2023-2-1 13:15 | |
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Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the bankruptcy process – something they said could happen in “months.”
2023-1-25 22:42 | |
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Creditors of failed crypto hedge fund team up to fight on through the bankruptcy process
2023-1-11 21:12 | |
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3AC co-founder Kyle Davies announced regular meetings with creditors, noting that all involved parties are welcome to attend.
2023-1-12 18:54 | |
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BlackRock Inc. has issued a $17 million loan to bankrupt Bitcoin miner Core Scientific to help it stay afloat during its bankruptcy process. The post Core Scientific Gets $37.5M Loan to Stay Afloat; BlackRock Among Creditors appeared first on BeInCrypto.
2023-1-2 19:55 | |
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Hundreds of Celsius, FTX, and Voyager customers have opted to avoid the bankruptcy process by selling their claims for a fraction of their face value, the Wall Street Journal reported. The post Celsius, FTX, Voyager users sell bankruptcy claims for pennies on the dollar appeared first on CryptoSlate.
2022-12-30 16:15 | |
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A source told CNBC that bankruptcy proceedings would not impact operations.
2022-12-21 09:30 | |
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FTX, in a recent statement, has warned that it would be taking back all its monies lent out as part of its bankruptcy process. FTX has warned that it will sue any party that remains un-compliant to their refund request.
2022-12-20 10:19 | |
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The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert Wrapped BTC into BTC.
2022-12-15 08:57 | |
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The liquidators claim Su Zhu and Kyle Davies are located in Indonesia and the United Arab Emirates, where foreign court orders are difficult to enforce.
2022-12-5 22:30 | |
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Alameda is preparing for bankruptcy process by gathering funds into their wallets piece by piece
2022-11-23 15:14 | |
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FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help with the sale or reorganisation of subsidiaries. FTX Trading is set to review all of the bankrupt cryptocurrency exchange’s assets around the globe, the team handling the collapsed company’s bankruptcy process said Saturday.
2022-11-21 00:24 | |
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The FTX bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam Bankman-Fried, founder and former CEO of the company quit from duties and position, Ray took over the reins of the failed company.
2022-11-18 18:44 | |
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The biggest news in the cryptoverse for November 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX investors may get back up to 50% of their funds after bankruptcy process.
2022-11-17 01:15 | |
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The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd companies that filed for bankruptcy last Friday have an estimated one million creditors – but Bahamian liquidators threw another wrench into the process on Tuesday.
2022-11-17 00:34 | |
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Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11.
2022-11-14 01:00 | |
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As FTX US filed for bankruptcy, Voyager announced the re-commencement of the auction process of its assets This caused VGX to rally astronomically in the past 24 hours Bankrupt crypto lenderThe post Voyager's bid reopening process might have this impact on VGX holdings appeared first on AMBCrypto.
2022-11-13 04:30 | |
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The biggest news in the cryptoverse for November 11 includes FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate.
2022-11-12 01:31 | |
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Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday.
2022-11-12 00:43 | |
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Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process.
2022-11-12 23:14 | |
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The United States Trustee has opposed Celsius’s request to pay up to $2. 9 million as retention bonuses to employees involved in the bankruptcy process. The post US Trustee opposes Celsius’ $2.
2022-10-28 13:40 | |
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Unconventional actions are being taken by the liquidators of the collapsed crypto hedge firm Three Arrows Capital to compel the fund’s founders into complying with the law’s due process. After a British Virgin Islands court apparently placed the company into liquidation at the end of June, the Singapore-based firm filed for Chapter 15 bankruptcy in a […]
2022-10-18 15:30 | |
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The firm will liquidate its assets via auction as it moves through the bankruptcy process.
2022-9-8 19:55 | |
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Bids for Voyager assets are due Friday in a sale process taking place as part of its Chapter 11 bankruptcy. An auction, if needed to pick a winner, would follow on Aug. 29.
2022-8-26 22:04 | |
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Celsius Network has received offers of fresh cash to help it fund a potential restructuring process, a lawyer for the company said. The post Celsius Considers Fresh Financing Offers to Escape Bankruptcy appeared first on BeInCrypto.
2022-8-17 12:30 | |
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Ripple Labs is considering a potential purchase of assets from Celsius amidst the latter company’s bankruptcy process. Ripple Considers Celsius Buyout Ripple could purchase Celsius’ assets. A Ripple spokesperson told...
2022-8-11 01:21 | |
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Tether’s (USDT) liquidation of the $840 million loan it gave to Celsius could be under scrutiny under bankruptcy law to determine if the process was valid, the Financial Times reported July 26.
2022-7-26 21:00 | |
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One hearing into its lengthy bankruptcy process, Celsius has already sparked controversy regarding its restructuring plans and claims over user funds. The post Celsius lawyers claim users relinquished their crypto when they signed up appeared first on CryptoSlate.
2022-7-20 23:00 | |
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Lawyers commenting on Celsius’s recent bankruptcy filing told Reuters that users could face a long, drawn-out process in the path to recover their funds. The post Bankruptcy lawyers believe Celsius customers may have to wait years for settlement appeared first on CryptoSlate.
2022-7-18 16:10 | |
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Celsius Network announced that it had filed for Chapter 11 bankruptcy. The company hopes to correct its situation and emerge stronger and has taken a few other steps to help the process as well. The post Celsius Files for Chapter 11 Bankruptcy, Brings In New Directors appeared first on BeInCrypto.
2022-7-14 07:43 | |
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The company says it’s planning to continue operations throughout the restructuring process, though withdrawals will continue to be paused at this time.
2022-7-14 05:30 | |
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Crypto lending firm Voyager posted an update on its “restructuring process” and how it will impact its crypto users. Last week, the company filed for bankruptcy following a default on a $650 million loan issued to investment firm Three Arrows Capital (3AC).
2022-7-12 23:38 | |
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Amid mounting scrutiny around the crypto sector, one piece of unfolding event that is tied to a lot of the contagion going on is the liquidation of crypto hedge fund Three Arrows Capital. The company, which filed for Chapter 15 bankruptcy in June and was ordered liquidated by a British Virgin Islands’ court, appears not […] The post Three Arrows founders are ‘MIA’ amid liquidation process appeared first on Invezz.
2022-7-12 21:41 | |
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Voyager Digital Ltd (VOYG: TSE) (VYGVF: OTCQX) has today announced that it has started a voluntary Chapter 11 process saying that it is doing so to maximize value for its stakeholders. After the announcement was made, Voyager stock price took a hit and it dropped almost 12%.
2022-7-7 12:28 | |
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Voyager Digital has filed for Chapter 11 bankruptcy and begun the process of restructuring the company to meet its obligations to creditors and customers. The company issued the news late...
2022-7-6 09:13 | |
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Crypto lending firm Cred filed for a voluntary Chapter 11 case in the United States Bankruptcy Court for the District of Delaware to explore strategic alternatives, including, without limitation, the restructuring of its balance sheet or the sale of its business as a going concern, in a court-supervised process, it said in a release on […] The post Crypto “bank” Cred files for bankruptcy after alleged multimillion fraud case appeared first on CryptoSlate.
2020-11-9 15:10 | |
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QuadrigaCX, the Canadian crypto exchange that closed in January 2019, went through an arduous process and a bankruptcy procedure. Now, the taxman moves in for their cut, demanding tax returns dated between October 2015 and September 2018.
2019-9-17 20:00 | |
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Cryptopia is undergoing a liquidation and bankruptcy procedure, with uncertainty surrounding the compensation or even the basic rights of traders holding funds on the exchange.
2019-5-31 14:20 | |
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Cobinhood, a well-known Taiwanese cryptocurrency exchange, allegedly pulled an exit scam after filing for bankruptcy. The exchange’s associated company DEXON Foundation, and its DXN token, raised $3.
2019-5-22 07:25 | |
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If you’re a creditor in Mt. Gox’s civil rehabilitation case, the defunct exchange may have automatically filed and approved a reimbursement claim for you — provided that your Mt.
2019-4-23 22:44 | |
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In an interview with Peter McCormack, Andy Pag, a former administrator of Mt. Gox Legal, spoke about the reason it would take a long time for the Mt. Gox’s civil rehabilitation process to settle.
2019-4-15 19:30 | |
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It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million.
2019-4-10 17:39 | |
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QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected death of its founder, is moving into bankruptcy proceedings. The company’s request to move into bankruptcy was approved by a Canadian Supreme Court yesterday.
2019-4-9 11:55 | |
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Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019.
2019-4-4 09:00 | |
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