2023-2-28 18:21 |
Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28. origin »
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Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues.
2022-11-16 17:24 | |
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The firm now has till 20 January 2023 to work on a restructuring plan.
2022-11-13 16:10 | |
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Twitter has reportedly shelved plans to build a crypto wallet, amplifying Dogecoin losses after a bountiful bull run last week. According to a report by tech blogger Casey Newton, the decision to set aside the wallet was part of the company’s restructuring plan initiated by its new owner Elon Musk. “A recently revealed plan to […]
2022-11-7 16:56 | |
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In a Twitter space held by Digital Asset News last week, Celsius CEO Alex Mashinsky broke his long silence about the crypto lender’s bankruptcy mess. Simon Dixon Accuses Mashinsky of Lying Mashinsky got into a heated argument in the Twitter…
2022-9-28 08:00 | |
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CoinFLEX is one of the crypto exchanges that suffered during the bearish trend and is currently paving for restructuring. Following its filings for reorganization at s Seychelles court, the exchange released its restricting plan.
2022-9-25 11:49 | |
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Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares.
2022-9-23 20:30 | |
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CoinFLEX has proposed a restructuring plan that would see creditors own 65% of the company. The post CoinFLEX Invites Creditors to Take the Biggest Part of Them appeared first on BeInCrypto.
2022-9-23 18:30 | |
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Voyager Digital has stated that it will auction off the remainder of its assets next week as part of its restructuring plan. Voyager Will Auction Remaining Assets Voyager will sell...
2022-9-8 01:12 | |
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Cryptocurrency exchange Zipmex has appointed a restructuring and financial firm to assist with a recovery plan after it was forced to halt withdrawals and seek protection from creditors.
2022-8-26 13:52 | |
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Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.
2022-8-15 14:36 | |
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A Former executive of embattled crypto lender Voyager is opposing the current restructuring plan for the company and wants to tow a different line. The post Former Voyager Executive Wants Different Restructuring Plan for Embattled Firm appeared first on BeInCrypto.
2022-7-30 16:00 | |
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The exchange added that it was exploring all available channels including fundraising, legal action, and restructuring in a Thursday statement. Zipmex Shares Update Amid Crisis Zipmex has thrown its customers...
2022-7-21 13:27 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-14 05:44 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-15 05:44 | |
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The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
2022-7-12 21:00 | |
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YAY Games, one of the most popular GameFi protocols to date, is announcing a new milestone in its roadmap: restructure & rebranding. Setting its sights on new horizons, YAY Games will undergo rebranding and evolve its B2B direction by partnering with renowned crypto companies.
2022-7-6 10:56 | |
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Coinbase intends to cut its workforce by 18% as part of a restructuring plan
2022-6-14 15:26 | |
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Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches.
2020-2-22 09:05 | |
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By CCN: Ford is in the throes of an $11 billion restructuring, which will cost 7,000 white-collar workers their jobs this year. The US auto giant believes the “smart redesign” will save billions, but the Dearborn-based company’s stock continues to struggle.
2019-5-21 20:59 | |
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CryptoNinjas SETL Ltd, the now London-based institutional payment and settlement infrastructure provider using blockchain technology, today announced the completion of its corporate restructuring plan.
2019-5-3 16:40 | |
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By CCN: 3M stock (MMM) plunged by 11 percent on Thursday after the $112 billion company unveiled disastrous first-quarter earnings, drastically slashed its full-year guidance, and announced that it would hand out pink slips to 2,000 employees as part of a radical restructuring plan.
2019-4-26 18:05 | |
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The NEM Foundation has published a plan for financial and organizational restructuring, following a funding injection of $8.7 million in its native XEM tokens
2019-3-9 05:02 | |
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He’s banned from running Binance for life — and says he plans to educate children and focus on philanthropy. But does that mean CZ’s days in crypto are truly behind him? Changpeng Zhao was the world’s richest inmate, with Forbes…
The U. S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court.
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.
Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse.
Consultants overseeing the liquidation of Celsius Network LLC have demanded a return of $2 billion from significant clients.
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”