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FTX customer sues hedge fund over alleged stolen bankruptcy gains
FTX customer Nikolas Gierczyk accuses Olympus Peak of underpaying him after buying his FTX bankruptcy claim worth $1.59 million, alleging the hedge fund owes him much more in additional recovery. According to a Bloomberg report on Oct. 11, Californian Nikolas… дальше »
2024-10-11 09:18 | |
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Fantom secures $2.18m in compensation from Multichain Foundation
A Singaporean high court has ruled that the cross-chain router protocol Multichain Foundation owes compensation to the Fantom Foundation, a layer-1 platform, for losses incurred in a 2023 hack. The ruling from Judicial Commissioner Mohamed Faizal makes way for the… дальше »
2024-7-9 12:44 | |
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How Mt.Gox’s looming $9 billion payout could impact Bitcoin
Mt. Gox is likely to distribute the 142,000 Bitcoin that it owes to creditors, in the coming weeks. The development is making headlines as an analyst highlights the possibility of Bitcoin price rally grinding to a halt as the defunct exchange offloads BTC. дальше »
2024-4-24 00:54 | |
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Dave Portnoy Pipes Up: ‘I Didn’t Doubt Bitcoin, FTX Owes Me $1 Million’
Dave Portnoy, founder of Barstool Sports, vocally asserts FTX owes him $1 million, spotlighting the risks in cryptocurrency investments. His candid critique of Sam Bankman-Fried (SBF) and the tumultuous crypto market underscores the financial perils facing investors. дальше »
2024-2-29 08:42 | |
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Gemini Accuses DCG of Baiting Creditors Into Unfavorable Deal
Gemini is opposing Digital Currency Group's (DCG) bankruptcy plan, alleging that DCG is trying to 'bait' its lenders into accepting a deal that would allow DCG to pay less than it owes. The post Gemini Accuses DCG of Baiting Creditors Into Unfavorable Deal appeared first on BeInCrypto. дальше »
2023-9-18 04:50 | |
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Crypto lending firm Genesis to cease offering crypto trading
Genesis has been providing trading services through its international Genesis Global Capital (GGC) division. Genesis allegedly owes its top 50 creditors $3. 5 billion. In August Genesis and DCG reached an “agreement in principle” permitting creditors to get the majority of their money. дальше »
2023-9-15 22:56 | |
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Prime Trust placed in receivership amid insolvency risks
Prime Trust has been placed in receivership following a Nevada court approval of a petition against it. The crypto custody firm owes clients millions of dollars in fiat and crypto. Prime Trust, a once-bubbling digital assets custody firm, has officially… дальше »
2023-7-19 13:57 | |
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The Web3 Gaming Revolution Owes an Enormous Debt to Web2
Few people expected the advent of blockchain technology to usher in a new era for gaming. Propelled by a relentless wave of hype and innovation, uncountable blockchain games have rolled off the production line in recent years as both crypto-native and web2 studios have gotten in on the act. дальше »
2023-7-18 19:41 | |
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This is how much bankrupt crypto lender BlockFi could gain from FTX recovery
Successful litigation against FTX and Alameda could add over $1 billion to BlockFi's coffers The crypto lender still owes millions of dollars to SEC and NASAA Bankrupt crypto lender - BlockFThe post This is how much bankrupt crypto lender BlockFi could gain from FTX recovery appeared first on AMBCrypto. дальше »
2023-5-16 20:45 | |
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Babel wants to repay creditors via special ‘recovery coins’: Report
Babel reportedly owes $524 million worth of Bitcoin, Ether and other cryptocurrencies due to “risky trading activities” by co-founder Wang Li. дальше »
2023-3-7 16:45 | |
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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. дальше »
2023-2-9 23:15 | |
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Bitvavo will receive 80% of DCG debt
Bitvavo just released a statement announcing that they expect to receive at least 80% of the debt owed to them by DCG. According to incoming reports, Digital Currency Group currently owes Bitvavo, a famous Dutch crypto trading network, around $300… дальше »
2023-2-7 16:54 | |
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Cardano (ADA) Continues To Shine With 15% Gains In the Last Week
Cardano’s native coin ADA has seen many rallies since the start of this year. The token owes its performance to the improving economic condition in the market and the ongoing developments on the Cardano Network. дальше »
2023-1-27 18:30 | |
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Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement
Bitcoin Cash evangelist Roger Ver said on January 25 that he can afford to pay money that he allegedly owes to Genesis, but that he may not need to do so. The post Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement appeared first on CryptoSlate. дальше »
2023-1-26 02:02 | |
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Breaking: Genesis is reportedly planning to file for bankruptcy soon
Genesis has reportedly started to prepare for a bankruptcy filing, which could be done by the end of this week The crypto lender owes creditors over $3 billion Troubled crypto lending platfoThe post Breaking: Genesis is reportedly planning to file for bankruptcy soon appeared first on AMBCrypto. дальше »
2023-1-19 21:55 | |
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Crypto lender Vauld granted one more month to restructure
Singapore high court has extended Vauld’s creditor protection to Feb. 28. Vauld owes its creditors over $400 million. Vauld, one of the numerous victims of the crypto winter of 2022, has once again secured a creditor protection extension from Singapore… дальше »
2023-1-17 13:04 | |
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DCG scrambling to raise funds to cover Genesis’ $3B debt burden
Embattled crypto lender Genesis owes over $3 billion to its creditors, the Financial Times reported on January 12, citing sources familiar with the matter. The post DCG scrambling to raise funds to cover Genesis’ $3B debt burden appeared first on CryptoSlate. дальше »
2023-1-13 18:45 | |
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Bankrupt 3AC Founder Expects Genesis Bankruptcy, What Happens To Grayscale?
The DCG and Genesis debacle continue to wax strong and Grayscale Bitcoin Trust has taken some of the heat from this. The majority of the concerns have been raised around the ability of Digital Currency Group to be able to repay its debt to Genesis, which owes creditors a significant amount of money. Now, co-founder […] дальше »
2023-1-4 20:00 | |
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Bitcoin Miners Have Liabilities of Over $4B, Core Scientific Owes Highest Debt
Available data shows that public Bitcoin miners collectively owe over $4 billion as the current bear market situation bites them hard. The post Bitcoin Miners Have Liabilities of Over $4B, Core Scientific Owes Highest Debt appeared first on BeInCrypto. дальше »
2022-12-25 14:24 | |
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Crypto Lender Genesis Owes Crypto Exchange Gemini Clients $900M, FT Report
Crypto lender Genesis owes US-based crypto exchange Gemini customers $900 million, according to a December 3 Financial Times report. The post Crypto Lender Genesis Owes Crypto Exchange Gemini Clients $900M, FT Report appeared first on BeInCrypto. дальше »
2022-12-5 16:09 | |
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Crypto lender Genesis owes Gemini crypto exchange customers $900M
Major crypto lender Genesis Trading and its parent company Digital Currency Group (DCG) owe users of cryptocurrency exchange Gemini $900 million. Financial Times reported on Dec. 3, 2022, that users of Gemini Earn lost $900 million when Genesis — the external firm that… дальше »
2022-12-5 22:00 | |
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Genesis onboards financial advisors as it explores 'all possible options'
Genesis has hired global investment bank - Moelis & Company to explore all possible options including bankruptcy DCG's CEO Barry Silbert revealed that the parent company owes Genesis $575 mThe post Genesis onboards financial advisors as it explores 'all possible options' appeared first on AMBCrypto. дальше »
2022-11-23 00:30 | |
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