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FTX’s European licence could be suspended following the platform’s crash
Cryptocurrency exchange FTX risks losing its European licence after the company filed for bankruptcy a few hours ago. FTX’s European Union license in Cyprus could be suspended, with the crypto exchange coming under pressure. дальше »
2022-11-13 17:04 | |
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FTX Suffers $400M Hack After Declaring Bankruptcy, Remaining Funds Moved to Cold Storage
About $400 million worth of cryptocurrency was siphoned from the beleaguered FTX exchange in the last few hours. After declaring bankruptcy just hours before, the exchange stated that it had been hacked. дальше »
2022-11-13 11:38 | |
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Deribit showcases proof of reserves as FTX bankruptcy launches panic in the crypto market
Ethereum and Bitcoin option Exchange, Deribit, aired its reserves online to assure its clients of future safety against attacks on November 11. The organization’s announcement aims to maintain transparency and eliminate fear among its clients. Users urged to stay calm… дальше »
2022-11-12 01:46 | |
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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny
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. дальше »
2022-11-12 01:31 | |
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This week in crypto: FTX files for Chapter 11 bankruptcy
It has been a rollercoaster of a week, even for the cryptocurrency market standard, with FTX filing for bankruptcy. Crypto exchange FTX files for bankruptcy This is perhaps the most action-filled week in the cryptocurrency space since the start of the week. дальше »
2022-11-12 19:10 | |
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Ripple Top Exec Makes Surprising Offer To FTX Employees As Exchange Files For Bankruptcy
The offer comes as FTX files for Chapter 11 bankruptcy protections. Bankman-Fried has also resigned, entering the fifth day of the crypto exchange’s catastrophic meltdown due to a liquidity crunch. дальше »
2022-11-12 18:57 | |
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BREAKING: FTX files for bankruptcy, SBF resigns as CEO
FTX, until recently thought to be one of cryptocurrency’s top platforms, has announced it entered voluntary Chapter 11 Proceedings. The announcement on Friday morning is the latest chapter of a really stunning turn of fortunes for the crypto exchange, a timeline of events that have helped trigger fresh selling across the crypto market. дальше »
2022-11-12 18:31 | |
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Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy
Bitcoin mining giant Core Scientific in a filing with US Securities and Exchange Commission informed that they are halting all the debt payments. The post Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy appeared first on BeInCrypto. дальше »
2022-10-28 21:40 | |
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Celsius Network’s Founder Withdrew $10 Million Ahead of the Company’s Insolvency
According to the Financial Times, Alex Mashinsky, who resigned as CEO of Celsius on September 27, withdrew US$10 million from the crypto exchange weeks before it declared bankruptcy and froze withdrawals in June. дальше »
2022-10-3 17:00 | |
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VGX, Native Crypto Of Troubled Voyager Platform, Gains 44% Over Last 24 Hours
Voyager (VGX), the crypto exchange platform that declared bankruptcy in July, used to be a force to reckon with in the crypto space. VGX pumps up in price by 44% in the past 24 hours Voyager Digital files notice for public auction of the remainder of its assets VGX registers a spike in trading volume and social metrics In fact, VGX, its native token, has soared 10x in a few months following its launch. дальше »
2022-9-10 13:49 | |
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Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation. дальше »
2022-8-3 19:35 | |
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Zipmex seeks extension for bankruptcy protection in Singapore
Struggling crypto exchange Zipmex has filed for a moratorium in Singapore to extend its protection against legal actions from aggrieved creditors. The post Zipmex seeks extension for bankruptcy protection in Singapore appeared first on CryptoSlate. дальше »
2022-7-29 16:00 | |
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FTX Offers To Bail Out Voyager’s Customers But At A Price
Crypto exchange FTX has stepped up its charm offensive on Voyager Digital, with the latter’s customers now facing an uncertain future after the beleaguered crypto firm filed for a chapter 11 bankruptcy two weeks ago, denying them access to their assets. дальше »
2022-7-28 17:21 | |
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FTX proposes offer to open liquid accounts to users of bankrupt crypto brokerage Voyager
FTX, the global cryptocurrency exchange operator, today announced a joint offer with West Realm Shires, the owner and operator of FTX US, and Alameda Ventures, to provide early liquidity to customers of the crypto brokerage platform Voyager, which filed for bankruptcy in New York earlier this month. дальше »
2022-7-29 16:17 | |
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Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy
Based on one estimate in a document getting passed around by creditors, the Deribit stake is worth as much as $500 million. But legal complications and the recent crypto-market slump might make the stake worth significantly less. дальше »
2022-7-20 21:55 | |
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Mt. Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further?
Victims of the collapse of the Mt. Gox crypto exchange are closer to getting their funds back, according to the business's bankruptcy trustee. The post Mt. Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further? appeared first on BeInCrypto. дальше »
2022-7-10 21:00 | |
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Mt Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further?
Victims of the collapse of the Mt. Gox crypto exchange are closer to getting their funds back, according to the business's bankruptcy trustee. The post Mt Gox Releases Repayment Plan, but Will Bulk Withdrawals Weaken Market Further? appeared first on BeInCrypto. дальше »
2022-7-9 21:00 | |
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Coinbase bankruptcy wording triggers warnings to move crypto off exchanges
On May 10, crypto exchange Coinbase released its Q1 2022 earnings report doing little to calm choppy market conditions. The post Coinbase bankruptcy wording triggers warnings to move crypto off exchanges appeared first on CryptoSlate. дальше »
2022-5-11 15:10 | |
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Here’s How the Mt. Gox Case In Japan May Make New Crypto Millionaires
As per recent reports, the bankruptcy case against the exchange platform Mt. Gox will conclude next month. About $6 B worth of BTC might get distributed to recipients worldwide, especially the MT Gox investors who have faced tough times since the exchange’s hacking fiasco. дальше »
2021-10-2 23:00 | |
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EY Heads to Court to Dispute the Value of Crypto From Bankrupt Exchange, QuadrigaCX
Ernst and Young (EY), the bankruptcy trustee for collapsed cryptocurrency exchange QuadrigaCX, plans to evaluate the company’s assets and settle disputes before disbursing creditors and users of the crypto exchange. дальше »
2021-1-22 00:45 | |
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Trustee of Collapsed Exchange Moves to Resolve Crypto vs. Fiat Creditor Claims Tussle
Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX. дальше »
2021-1-20 12:22 | |
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Mt. Gox Creditors Could Get Bankruptcy-tied Bitcoin
The CoinLab arrangement enables creditors to claim up to 90% of the Bitcoin tied up in the defunct exchange’s bankruptcy, according to Bloomberg. CoinLab to the rescue Creditors who accept the deal will receive early payments rather than waiting for several court cases associated with the bankruptcy to conclude. дальше »
2021-1-17 21:28 | |
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Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange
CoinLab, the first venture-backed Bitcoin company founded in 2011, today announced a historic agreement with a Japanese court-appointed trustee to the Mt. Gox bankruptcy, Nobuaki Kobayashi, and MGIFLP, a Fortress company. дальше »
2021-1-16 23:02 | |
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17,000 Users of Defunct QuadrigaCX Exchange File Claims Worth $300 Million
Tens of thousands of ex QuadrigaCX users have filed claims against the now-defunct crypto exchange. Lawyer says any disputes could see protracted cases as seen with Mt. Gox, which collapsed in 2014 QuadrigaCX bankruptcy case trustee, Ernst & Young (EY), have said that close to 17,000 people have filed claims for refunds from the defunct […] The post 17,000 Users of Defunct QuadrigaCX Exchange File Claims Worth $300 Million appeared first on Coinjournal. дальше »
2020-5-14 17:19 | |
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What Happened to Mt. Gox? History of the Bitcoin Exchange Blow Up
Once the most important Bitcoin exchange, Tokyo-based Mt. Gox ultimately went into bankruptcy in 2014. Why did the exchange blow up? What Happened to Mt. Gox? Mt. Gox was launched...The post What Happened to Mt. дальше »
2020-4-19 21:15 | |
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Cobinhood Shutting Down Months After Bankruptcy Rumors
Cobinhood, one of the most controversial crypto exchanges, has announced that it is closing its doors after widespread rumors of bankruptcy. “It is with the utmost regret that we make the difficult decision to shut down the COBINHOOD Exchange,” the company posted to its Medium account on Jan. дальше »
2020-1-11 11:27 | |
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Fortress Investment Group Wants To Buy Mt Gox Creditor Claims for $900 Per BTC
If you are participating in the crypto market for years, you have probably heard of the time in which Mt Gox, the largest crypto exchange at the time, was hacked and collapsed. This happened back in 2014 and 850,000 BTC was stolen from the servers. дальше »
2019-7-9 04:05 | |
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QuadrigaCX CEO Faked Crypto Trades, Indulged Millionaire Lifestyle with Customer Funds
By CCN Markets: Gerald Cotten, the CEO of the Canadian crypto exchange QuadrigaCX whose death is the reason for $190 million of missing funds and a bankrupt company, had transferred user funds to his personal accounts to use them as security for margin trading, a report by Ernst & Young revealed. дальше »
2019-6-21 13:07 | |
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QuadrigaCX Curtain Call Part 1: Gerald Cotten’s deviousness and the downfall of Canada’s largest crypto-exchange
QuadrigaCX is the gift that keeps on giving. The now-defunct Canadian cryptocurrency exchange has been at the center of a six-month-long controversy involving 650,000 ETH, a “Big-Four” auditor, a private jet, and the mysterious death of the man behind it all. дальше »
2019-6-20 16:30 | |
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Crypto Exchange Bankrupt After Blockport STO Ends in Utter Disaster
By CCN: Amsterdam-based cryptocurrency exchange Blockport has declared bankruptcy after its security token offering (STO) flamed out in disastrous fashion. Blockport launched a token sale between April 16 and May 15, in which the crypto exchange sought to raise €5 million ($5. дальше »
2019-6-4 19:30 | |
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Cryptocurrency exchange Blockport goes bankrupt after failed STO
An Amsterdam-based cryptocurrency exchange is facing an uncertain future. Blockport has declared bankruptcy after its security token offering (STO) failed to meet its minimum expectations last month. дальше »
2019-6-4 13:21 | |
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Cobinhood Founder Dismisses Exit Scams Allegations
On May 29, 2019, Popo Chen, the founder of cryptocurrency exchange Cobinhood cleared the air surrounding the trading platform in stating that reports of the exchange filing for bankruptcy or pulling an exit scam were false. дальше »
2019-6-1 17:00 | |
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As Cryptopia’s Bankruptcy Proceeds, Hacked Users’ Funds May Not Be Reimbursed Completely
Cryptopia has had a really rough year. In January, the exchange was hacked, losing millions of dollars before the exchange cut off customers from their withdrawals. The company worked hard to try and bring their platform back to consumers in March, but ultimately had to shut down when the relaunch was unsuccessful. The proceedings for […] дальше »
2019-5-31 02:11 | |
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As Cryptopia Enters Bankruptcy, Its Users Still Suffer
New Zealand crypto exchange Cryptopia was awarded provisional relief by a bankruptcy court in the Southern District of New York. However, if it doesn't come up with $2 million, the Arizona-based company that stored its data could terminate its services, meaning Cryptopia could lose important US user information forever. дальше »
2019-5-28 19:40 | |
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Cryptopia Turns to a U.S. Court for Account Holder Data Protection
In the latest development over its security breach, cryptocurrency exchange Cryptopia has filed for bankruptcy protection in the U. S. The New Zealand-based exchange, which has been dealing with the fallout of a January 2019 hack, went into liquidation and stopped all trading earlier this month. дальше »
2019-5-28 17:47 | |
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