SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert

2023-3-23 21:59

The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner.

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FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

2022-11-15 22:42


Bloomberg: CoinLab открыла возможность вернуть биткоины кредиторам Mt.Gox

Американская компания CoinLab урегулировала вопросы касательно выплат биткоинов кредиторам обанкротившейся биржи Mt. Gox. Об этом сообщил журналист Мэтт Лейзинг. *COINLAB SAYS AGREEMENT SUBJECT TO CREDITOR ACCEPTANCE *CREDITORS CAN CLAIM 90% OF BITCOIN THEY ARE OWED FROM MT.

2021-1-16 20:38


Failed Crypto Exchange QuadrigaCX Should Declare Bankruptcy, Blasts EY Report

Shuttered cryptocurrency exchange QuadrigaCX could be headed toward bankruptcy proceedings to give creditors the best shot at recouping assets. Ernst & Young (EY) in its latest report recommends transitioning Vancouver-based Quadriga Fintech Solutions, the exchange’s parent company, from a restructuring into bankruptcy proceedings.

2019-4-3 15:38