2023-8-15 18:18 |
Prime Trust, a leading crypto custodian, files for Chapter 11 bankruptcy protection in Delaware following internal restructuring moves. origin »
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BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing deteriorating crypto market conditions.
2026-3-16 06:17 | |
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In the absence of specific policy, U.S. regulation of crypto has devolved to judges in bankruptcy proceedings, say Yesha Yadav and Bob Stark.
2023-10-17 16:48 | |
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The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months.
2023-8-15 04:55 | |
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Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy.
2023-5-23 01:55 | |
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Cred, a united States-based crypto lending firm, has filed for chapter 11 bankruptcy protection giving a rude shock to its customers. The legal team of Cred filed the bankruptcy papers on November 7th in the District of Delaware.
2020-11-10 17:28 | |
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Crypto lending service Cred filed for bankruptcy on Saturday following a fraud incident that... The post Cred files for bankruptcy as its users push for answers appeared first on Coin Journal.
2020-11-9 16:41 | |
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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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Crypto lending service Cred has filed for Chapter 11 bankruptcy protection leaving its users facing an uncertain outcome as they seek to withdraw assets and recover funds.
2020-11-10 14:00 | |
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In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
2020-11-9 22:17 | |
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Legendary players, Atari is all set to launch its new hardware in more than two decades. But this time, it comes with a twist of crypto. By introducing a way for gamers to spend cryptocurrency in the play, Atari, once an incredibly popular gaming company that has fallen from grace, weathered bankruptcy, and now facing […] The post Atari to Launch a Token to Sell its New Gaming System, VCS; First Hardware in Over 20 Years first appeared on BitcoinExchangeGuide.
2020-10-16 17:13 | |
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Crypto dot com is temporarily suspending its Europe and United Kingdom issuances of MCO debit cards after its former card operator — Germany’s Wirecard AG — slipped into bankruptcy and filed insolvency this week.
2020-6-29 22:50 | |
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Mainstream media has time and again taken a dig at the parabolic returns experienced by the cryptocurrency market. But the stock market is seeing something that even the crypto market hasn’t seen. Car rental company Hertz enjoyed a 1400% increase in its share prices declaring bankruptcy.
2020-6-10 21:04 | |
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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.
2020-5-14 17:19 | |
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Close to 17,000 have made a claim for defunct crypto exchange QuadrigaCX's assets, its bankruptcy monitor reported Tuesday.
2020-5-13 23:50 | |
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MT Gox is in the final stages of ironing out the distribution of some 200,000 bitcoin and bitcoin cash which will be given in crypto or fiat depending on each... The post The Only Bankruptcy in History Where People 30x Their Money Preps Distribution appeared first on Trustnodes.
2020-4-8 20:14 | |
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The bankruptcy trustee overseeing the winding up of crypto exchange QuadrigaCX, will be turning all user information over to the Canada Revenue Agency.
2020-3-27 02:56 | |
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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.
2020-1-11 11:27 | |
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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.
2019-7-9 04:05 | |
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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.
2019-6-21 13:07 | |
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The Next Web reported on June 4 that Dutch crypto exchange Blockport declared bankruptcy following a Security Token Offering… The post Dutch Crypto Exchange Files for Bankruptcy appeared first on Invest In Blockchain.
2019-6-6 09:01 | |
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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.
2019-6-4 19:30 | |
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Dutch crypto exchange Blockport will try to relaunch the platform after the firm declared bankruptcy following a failed STO
2019-6-4 18:48 | |
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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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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.
2019-5-28 19:40 | |
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The liquidators responsible for New Zealand-based Cryptopia have released the latest update in the continuing fallout from the exchange’s hacking incident in January. However, the statement is unlikely to appease users who are still left waiting for their lost holdings to be refunded.
2019-5-27 15:09 | |
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Cryptopia has filed for bankruptcy protection in the U.S. seeking to preserve vital user data held on servers in Arizona
2019-5-27 13:00 | |
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A famous Taiwan-based crypto exchange Cobinhood has filed for bankruptcy and afterwards allegedly pulled an exit scam. In April 2019, the associated company of Cobinhood, Dexon Foundation, raised over $3 mln on its DXN token.
2019-5-22 21:35 | |
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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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Ernst & Young, the court-appointed monitor for troubled Canadian crypto exchange QuadrigaCX, has released its first report since the exchange filed for bankruptcy. Within the write-up, the monitor states QuadrigaCX only has $21 million in assets, a far cry from the $160 million it owes creditors.
2019-5-11 00:12 | |
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Bcause's Spot Market Set Become The “One Stop Shop” For Cryptocurrency Mining And Trading Bcause LCC, a Chicago based crypto mining and exchange startup has stated that it will be launching its spot market in a couple of weeks, in spite of its operation under bankruptcy protection. Thomas Flake, the Co founder of Bcause, has […]
2019-5-8 23:46 | |
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Canadian crypto exchange QuadrigaCX has filed for bankruptcy as the attempt to restructure the company has failed. The move was approved Monday by a Nova Scotia judge, the country’s national broadcaster reported.
2019-4-9 14:46 | |
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Canadian crypto exchange QuadrigaCX should transition into bankruptcy in the coming days, a judge ruled Monday.
2019-4-9 23:17 | |
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Bitcoin’s inception was a direct response to the banks which precipitated the financial crisis in 2007. These financial institutions issued high-risk sub-prime mortgages to individuals unable to make consistent monthly payments, used fractional reserve lending for extreme over-leverage, and facilitated a global crisis following the Lehman Brothers bankruptcy.
2019-4-9 21:26 | |
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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 | |
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Ernst & Young has argued that the now-defunct Canadian crypto exchange QuadrigaCX should be placed in bankruptcy rather than undergo a restructuring process
2019-4-3 22:05 | |
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EY, the court-appointed monitor for QuadrigaCX, is looking to move the exchange into bankruptcy.
2019-4-2 19:21 | |
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Cryptocurrency exchanges have been subjected to numerous hacking attacks since its inception and most of the times even if the lost funds are traced, the consumers never get back their funds as the attacked exchange goes bust and files for bankruptcy leaving the consumers in a state of limbo. A recent report from statis group […]
2019-4-1 18:10 | |
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The Swiss Financial Market Authority (FINMA) has stated that a crypto firm that accepted around US$90. 5 million in deposits from more than 37,000 individual investors did so illegally. The company in question, Envion AG, is currently undergoing liquidation proceedings by the Zug bankruptcy authority.
2019-3-28 00:00 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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The cryptocurrency industry, like the traditional finance industry, tends to go through ups and downs, and nearly anyone that runs a business in this sector knows that there will be financial mishaps along the way.
2019-2-28 17:03 | |
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Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration.
2019-2-27 23:13 | |
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In this edition of The Daily we cover an Amazon Prime show that features Bitcoin Cash (BCH), the open source password manager Bitwarden that now accepts crypto payments, a declaration of bankruptcy by Coinbin and the closure of Huobi’s Australian office.
2019-2-26 12:20 | |
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Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.
2019-2-26 22:00 | |
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South Korean cryptocurrency exchange Coinbin has declared bankruptcy, in part due to claimed embezzlement by a former exec.
2019-2-25 12:16 | |
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The cryptocurrency exchange Coinbin, located in South Korea, is currently filing for bankruptcy after taking over the hacked crypto exchange Youbit. Coinbin claims to have over $26 millions in losses.
2019-2-25 10:20 | |
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Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO Park Chan-kyu on February 20, 2018.
2019-2-25 22:01 | |
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The activities of Nobuaki Kobayashi, the Mt Gox bankruptcy trustee -also known as the MtGox Whale-, have been carefully followed by the community of crypto users, not only because of the impact they could have on the victims of the most famous hack in the history of crypto-mint, but also because he could affect the […] The post MT Gox Trustee Sold Bitcoins in Exchanges and Not OTC, Court Evidence Reveals appeared first on Ethereum World News.
2019-2-7 13:36 | |
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On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves.
2019-2-7 01:01 | |
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The story of distressed Canadian cryptocurrency exchange QuadrigaCX which filed for bankruptcy since the sudden death of its CEO, Gerald Cotten, has taken a new dimension, as a recent research report by Zerononcense has revealed that the cryptocurrency trading venue never had the $190 million in bitcoin it claimed to have lost access to since […]
2019-2-6 23:39 | |
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Chaos Labs has announced it is stepping away from its long-standing role within Aave, marking a significant shift for one of DeFi’s most prominent lending ecosystems. The decision, revealed on Monday, comes after three years of close involvement and reflects what the firm describes as a fundamental disagreement over how risk should be managed moving [...]
Asset management giant BlackRock is stepping into one of the most competitive corners of the exchange-traded fund market, filing with the U. S. Securities and Exchange Commission to launch a new Nasdaq-100 ETF.
Polymarket is preparing to enter a new phase of growth as it announces a sweeping upgrade to its exchange infrastructure, marking what the platform describes as its most significant overhaul since launch.
What initially appeared to be a sudden exploit has now been revealed as a long-term, highly coordinated operation. Drift Protocol has disclosed that the $270 million hack was the result of a six-month infiltration campaign, allegedly tied to North Korean state-linked actors.
Key Takeaways: Binance tokens pioneer Changpeng Zhao confirms that his book Freedom of Money goes live next week E-books are already pre-priced in English and Traditional Chinese The introduction of The post Binance’s CZ Drops ‘Freedom of Money’ Book Next Week appeared first on CryptoNinjas.
Chainlink has successfully executed its latest quarterly token unlock, releasing a significant tranche of LINK into circulation as part of its ongoing distribution schedule. According to on-chain data shared by EmberCN, a total of 19 million LINK tokens, valued at approximately $165 million, were moved out of non-circulating supply.
HypurrFi has confirmed that its hypurr. fi domain was compromised following what the team describes as a social engineering attack targeting its domain registrar. The incident, which unfolded rapidly, raised immediate concerns among users, particularly given the increasing frequency of domain-based exploits in the crypto space.