Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US

2023-3-1 04:31

Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets.

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plan restructuring crypto binance voted voyager customers

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Источник: coindesk.com

plan restructuring → Результатов: 43

Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance US

2023-3-1 04:31	Bankruptcy
plan restructuring crypto binance voted voyager customers

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Bankrupt Miner Compute North Destined for Obscurity as Judge Approves Restructuring Plan

A judge approved hosting firm Compute North's restructuring plan three creditors approved their settlement amounts. The post Bankrupt Miner Compute North Destined for Obscurity as Judge Approves Restructuring Plan appeared first on BeInCrypto.

2023-2-18 19:15
plan restructuring judge north compute approves bankrupt

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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors

“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing.

2023-2-10 22:30	Celsius
plan celsius own assets defrauded account holders

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Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate

The United States government and creditors have objected to Celsius’ plan to extend its restructuring plan to June 30, according to February 8 court filings. The post Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate appeared first on CryptoSlate.

2023-2-9 15:30	Celsius
celsius creditors cash high rate plan burn

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Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors

The plan would see the sale of Genesis alongside other measures in a deal reached with DCG and Gemini Trust Co.

2023-2-8 05:05	genesis
genesis alongside measures deal reached trust gemini

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Genesis creditors to expect 80% recovery under proposed restructuring plan

Digital Currency Group (DCG) plans to hand its equity stake in Genesis' trading arm to Genesis Global, which will then be sold, pending court approval.

2023-2-7 02:30
genesis arm global trading stake court approval

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Crypto Lender Vauld Gets Another Extension for Submitting Restructuring Plan: Bloomberg

Vauld has received bids from two digital asset fund managers to take over the beleaguered lender after talks with Nexo broke down.

2023-1-18 14:01	Business
lender vauld take managers fund beleaguered talks

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Creditors Band Together to Force Hodlnaut Liquidation

Embattled crypto lender Hodlnaut faces liquidation after key lenders rejected a proposed restructuring plan, amid a probe from Singapore authorities. The post Creditors Band Together to Force Hodlnaut Liquidation appeared first on BeInCrypto.

2023-1-13 21:00
liquidation hodlnaut creditors together band force singapore

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Hodlnaut creditors favor liquidation for company

Creditors involved with the Singaporean crypto lender Hodlnaut have stated that liquidation will serve them better than a restructuring plan.

2023-1-13 19:14
hodlnaut liquidation creditors serve plan restructuring stated

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Hodlnaut stares at liquidation after creditors reject restructuring plan

Investigations show that Hodlnaut lost about $190 million in the Terra LUNA crash. The lender had proposed a restructuring plan to allow creditors to have a view of the company’s operations.

2023-1-13 15:58	Markets
restructuring hodlnaut creditors plan lender had crash

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Hodlnaut creditors reject the restructuring plan, prefer liquidation

Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash.

2023-1-13 14:08	lending
hodlnaut terra lender crypto embattled shows crash

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Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company.

2023-1-13 12:49	Business
hodlnaut restructuring plan company helm managing continue

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Auros Global expects to resume regular operations following restructuring plan

The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.

2022-12-20 21:12	FTX
firm reportedly trading crypto suffered ftx collapse

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Court gives Celsius new deadline on restructuring

Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development in a Twitter thread.

2022-12-7 18:59	Regulation
new court restructuring deadline celsius development announced

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Court sets new deadline for Celsius restructuring plan

Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.

2022-12-7 13:58
celsius platform jun withdrawals filed later jul

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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

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	Ethereum News
employees company meta amid workforce slash decided

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Crypto Lender Vauld Receives Creditor Protection Extension

The firm now has till 20 January 2023 to work on a restructuring plan.

2022-11-13 16:10	Business
2023 january till work plan restructuring receives

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Dogecoin Wavers As Twitter Reportedly Shelves Plan To Build A Crypto Wallet

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	dogecoin
wallet plan crypto dogecoin build twitter reportedly

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Alex Mashinsky Breaks Silence on Twitter Space: Says Celsius Has Sent Restructuring Plan to UCC

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
mashinsky twitter celsius alex space silence mess

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Crypto Exchange CoinFLEX Plans For Restructuring

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	Roger Ver
crypto restructuring coinflex exchange reorganization filings following

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Coinflex plans give 65% of company to creditors as part of restructuring proposal

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	liquidity
company coinflex creditors own proposed allocated shares

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CoinFLEX Invites Creditors to Take the Biggest Part of Them

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
coinflex creditors invites part biggest take company

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Voyager Digital Will Auction Assets Next Week

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	News
voyager assets auction week digital part sell

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Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan

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	Business
recovery plan firm exchange restructuring zipmex halt

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Zipmex gets 3-month protection in Singapore amid halted withdrawals

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	Court
zipmex withdrawals come time exchange july dec

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Former Voyager Executive Wants Different Restructuring Plan for Embattled Firm

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	voyager digital
plan embattled restructuring different voyager executive wants

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Zipmex Outlines Plan to Allow Some Customer Withdrawals

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
zipmex restructuring thursday action fundraising legal statement

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Celsius Files for Chapter 11 Bankruptcy

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	Business
enable comprehensive action restructuring plan all benefits

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Celsius Network Files for Chapter 11 Bankruptcy

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	Business
enable action voluntary comprehensive restructuring benefits stakeholders

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Voyager can't guarantee all customers will receive their crypto under proposed recovery plan

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	voyager digital
recovery crypto depend reimbursed users 3ac assets

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YAY Games Community Update Reveals Restructuring and Rebranding Plan

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
rebranding yay games new horizons undergo sights

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BREAKING: Coinbase to Fire 1,100 Employees

Coinbase intends to cut its workforce by 18% as part of a restructuring plan

2022-6-14 15:26
coinbase part restructuring plan 100 fire employees

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Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

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
hsbc restructuring major cuts job plunged year

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Deutsche Bank Suffers a 832 Million Euro Setback amid Ongoing Restructuring

Coinspeaker Deutsche Bank Suffers a 832 Million Euro Setback amid Ongoing RestructuringIf compared with the previous year, shares of Deutsche Bank have lost over 16%. Earlier this year, the bank announced a wide restructuring plan.

2019-10-30 20:23	Securities and Exchange Commission
bank deutsche amid ongoing setback restructuring suffers

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Ford Stock Struggles After US Auto Giant Reveals Aggressive Downsizing Plan

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
ford company stock auto downsizing giant reveals

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Blockchain payment company SETL completes its corporate restructuring

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
setl restructuring blockchain corporate payment announced company

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3M Stock’s Collapse Deals Vanguard a $10 Billion Catastrophe

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
stock billion vanguard percent catastrophe deals collapse

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NEM Foundation Releases Restructuring Plan Amid Financial Difficulties

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	Cryptocurrencies
plan nem restructuring financial foundation million injection

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The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday.

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

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2023-3-1 04:31

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