FTX bankruptcy faces new hurdles as SEC flags repayment concerns

The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case. The plan, which includes repaying creditors through stablecoins or other digital assets, has prompted the SEC to reserve the right to challenge these transactions under federal securities laws. дальше »

127 +

Alameda Research Offloads $WLD Tokens, Repaying Creditors Amidst Financial Woes

Alameda Research, a cryptocurrency trading firm, has been consistently depositing $WLD tokens to centralized exchanges (CEXs) since August 9. In four small batches, they have offloaded 698,312 $WLD tokens, valued at $1. дальше »

104 +

Bankrupt crypto lender BlockFi to start creditor repayments in July

Defunct cryptocurrency lending platform BlockFi is set to start repaying its creditors in July, 19 months after filing for bankruptcy. Collapsed crypto lending platform BlockFi will start repaying its creditors in July, nearly two years after the firm filed for… дальше »

143 +

Why is Ethereum down below $3000 today? Whales, liquidations, and more...

Mt. Gox has begun repaying creditors who suffered losses when it collapsed in 2014 Ethereum fell to an intraday low of $2,825 and seemed to be on course for 4 consecutive daily red candles, at The post Why is Ethereum down below $3000 today? Whales, liquidations, and more... appeared first on AMBCrypto. дальше »

312 +

Bitcoin drops below $60k amid fresh sell-off pressure

Bitcoin (BTC) price fell more than 5% to drop below the $60,000 threshold. The declines came after news that Mt. Gox will start repaying its creditors in July, with potential $9 billion sell-off pressure incoming. дальше »

145 +

Bitcoin, Ether, XRP, Cardano, Shiba Inu Tumble As Mt. Gox Says $9 Billion Repayment Plan To Start Next Week

129 +

FTX secures court approval to sell 8% Anthropic stake

Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors. дальше »

178 +

Bankrupt Mt. Gox repayment plan seemingly set in motion nearly a decade after hack

The trustee of bankrupt Mt. Gox will begin repaying the firm’s creditors in cash shortly, according to an email reportedly sent to some claimants this week and obtained by CryptoSlate. The email reads, “The Rehabilitation Trustee plans to commence repayment to creditors shortly. дальше »

373 +

Celsius Network’s Bankruptcy Chapter Closes, Signals Revival For Crypto Lender

Failed crypto lender Celsius Network has received bankruptcy court approval for its plan to transform into a creditor-owned Bitcoin mining firm, as reported by Bloomberg.   The approval is part of a wider proposal aimed at repaying customers who have frozen their accounts for over a year. дальше »

326 +

Celsius Commits To Massive Crypto Repayment: $2 Billion To Creditors By 2023’s End

Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end.   The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and facilitate customer repayments. дальше »

329 +

Embattled crypto lender Celsius wants to start repaying customers by year-end

Key takeaways Celsius is seeking court approval to start repaying customers in the coming weeks.   The company will repay its creditors using Bitcoin and Ethereum and stock in the new company. дальше »

184 +

Celsius Network seeking court approval for repayment plan

Celsius Network, the embattled crypto lender, is making strides toward repaying its customers by the end of 2023. The company’s legal counsel, Christopher Koenig, recently revealed during an October 2 hearing in New York that they are pursuing court approval for a reorganization plan that promises a brighter future for the platform. дальше »

197 +

BlockFi victims set to get reimbursed

BlockFi, the troubled crypto lender, progresses towards repaying its clients as the U.S. bankruptcy court in New Jersey conditionally approves its disclosure statement. BlockFi’s efforts to reorganize and refund its clients have taken a positive step forward with the conditional… дальше »

998 +

Allbridge to first begin repaying stuck bridge users after recouping funds

The compensation process is expected to start next week, starting with users who had funds on the bridge “shortly before the shutdown.” дальше »

180 +

Bankrupt BlockFi to refund over $100K to California clients

BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were not notified until November 22 that they could stop repaying their Loans “until further notice. дальше »

186 +

Zipmex Exchange Faces Liquidation as Buyer Misses Payment

Zipmex encounters bump in the road to repaying creditors as acquirer fails to make $1 million monthly payment. The post Zipmex Exchange Faces Liquidation as Buyer Misses Payment appeared first on BeInCrypto. дальше »

73 +

Mt. Gox trustee releases repayment procedures update

The Restriction Reference Period is one of the final steps in repaying creditors, according to the document released Wednesday.

202 +

Celsius Network Kicks Off July by Repaying $142M to MakerDAO

The Celsius Network has repaid over $142 million in MakerDAO loans since July 1, rapidly lowering its Bitcoin liquidation price from above five figures to under $5,000. The post Celsius Network Kicks Off July by Repaying $142M to MakerDAO appeared first on BeInCrypto. дальше »

175 +

ETH darlings need to know this before they open a position this bear season

Ethereum investors continue to show faith in their loved altcoin even after the recent crash. Despite the macro headwinds, ETH is now ranging above $2,000 repaying the faith of the investors. Now, The post ETH darlings need to know this before they open a position this bear season appeared first on AMBCrypto. дальше »

231 +

United States SEC Wins $16M Case Again ICOBox

The ICOBox platform received a court decision in absentia, after failing to defend its side against the accusations of the US Securities and Exchange Commission (SEC). ICOBox Investigated for Aggressive Token Promotion ICOBox was sentenced to repaying $16M for acting as an unregistered broker. дальше »

225 +

In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings

QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »

440 +

Famous VC Brock Pierce Unveils His Unbelievable Plan to Remedy Notorious Mt. Gox Theft

CoinSpeaker Famous VC Brock Pierce Unveils His Unbelievable Plan to Remedy Notorious Mt. Gox Theft Pierce charts the new plans of repaying the Mt. Gox victims through the creation of a new company under the same brand and its native cryptocurrency Gox Coin. дальше »

210 +

Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco

Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. дальше »

199 +

Japanese Exchange Zaif Hit With Third Improvement Order, Revises Hack Estimate

Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. дальше »

215 +

The New Project Inspiring Normal People To Open A Bitcoin Wallet And Start Saving

Cryptocurrency adoption will be impossible if normal people don’t have access to Bitcoin wallets and other crypto storage devices. Unlike FIAT, cryptocurrency can’t just be stored loose in a pocket or in your shoe. дальше »

229 +

How a Tokyo FOMO Family Invested in Bitcoin and Lost

There’s an issue, in Japan, with certain high income families being unable to save money. Here’s the story of a Japanese household of four, living in the Tokyo Bay area, in a high-end tower apartment, repaying multiple loans and having unnecessary spending. дальше »

198 +