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Crypto Exchange OPNX Emerges As Potential Savior For Troubled Hodlnaut – Report
OPNX Exchange emerges as a potential savior for crypto lender Hodlnaut as it navigates the complexities of bankruptcy proceedings. A recent report from Bloomberg reveals that the exchange has extended a lifeline to the struggling company. дальше »
2023-8-7 12:00 | |
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OPNX submits bid to takeover troubled Singapore-based crypto lender Hodlnaut
Open Exchange (OPNX), a platform for crypto claims trading, has submitted an offer to take over troubled crypto lender Hodlnaut, Bloomberg reported on August 6. Hodlnaut filed for bankruptcy protection last August and its restructuring is now being supervised by a Singapore court. дальше »
2023-8-6 19:14 | |
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Core Scientific appoints Adam Sullivan as CEO amid restructuring process
The company claims to have seen a boost in liquidity in recent months and is expected to emerge from bankruptcy proceedings by the end of the year. дальше »
2023-8-5 19:14 | |
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Crypto Lender BlockFi Receives Conditional Approval For Bankruptcy Plan
In a recent development, popular cryptocurrency lender BlockFi has announced that a US court has conditionally approved its bankruptcy plan and ordered that everyone entitled to vote should vote to accept the plan. дальше »
2023-8-3 22:00 | |
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Final Countdown: Genesis’ Bankruptcy Mediation Faces Make-Or-Break Deadline
As the digital financial landscape navigates through both success stories and cautionary tales, the ongoing mediation of bankrupt crypto lender Genesis Global Holdco LLC has garnered attention. The latest development in the crypto lender’s bankruptcy saga emerged on Wednesday when a company attorney revealed they were approaching the end of their ongoing mediation. To clarify, […] дальше »
2023-8-3 21:00 | |
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Bankrupt FTX seeks court approval to liquidate solvent Dubai subsidiary
Bankrupt FTX wants the court to remove its Dubai subsidiary from the entities subject to U. S. bankruptcy proceedings, according to an Aug. 2 court filing. FTX revealed that its Dubai subsidiary, licensed as a virtual asset service provider in July of the prior year, had conducted no business in the United Arab Emirates (UAE). дальше »
2023-8-3 19:30 | |
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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 »
2023-8-3 16:29 | |
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BlockFi conditionally approved $1B recovery plan sets stage for repayment, larger recoveries
Bankrupt crypto lender BlockFi announced that it had received conditional approval for its disclosure statement from the United States Bankruptcy Court of New Jersey, according to an Aug. 2 press statement jointly issued with its Official Committee of Unsecured Creditors. дальше »
2023-8-3 15:45 | |
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Litecoin Miners Would Be at Risk of Bankruptcy After the Halving If It Weren’t for Dogecoin
Litecoin's imminent halving could threaten miner profits. While dual-mining with Dogecoin provides some relief, industry voices like Tone Vays question Litecoin's future relevance amid Bitcoin's continued dominance. дальше »
2023-8-2 18:00 | |
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Voyager may have suffered hack, data leak during reopened withdrawal period
Bloomberg reported Aug. 1, that bankrupt crypto firm Voyager may have fallen victim to a cyber attack when withdrawals were briefly reopened for users, That report cited Voyager lawyer Darren Azman, who said the firm allowed customers to withdraw their assets for 30 days amidst bankruptcy proceedings. дальше »
2023-8-2 04:00 | |
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Celsius Network’s Bankruptcy Woes Ebb Away After Settlement Deal
Bankrupt crypto lender Celsius Network may finally see an end to its prolonged court battle with disgruntled customers after the company entered into a settlement agreement to address pending claims related to fraud allegations. дальше »
2023-8-2 22:04 | |
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Voyager Digital Customer Data Reportedly Hacked During Bankruptcy Proceedings
Former customers of Voyager Digital have allegedly had their data compromised. The post Voyager Digital Customer Data Reportedly Hacked During Bankruptcy Proceedings appeared first on BeInCrypto. дальше »
2023-8-2 20:00 | |
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Terraform Labs receives approval to subpoena FTX files
Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case. дальше »
2023-8-2 19:30 | |
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Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research. дальше »
2023-8-2 18:28 | |
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FTT Token Surges 17% After FTX Confirms Rumors Of Relaunch
Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only. дальше »
2023-8-1 15:08 | |
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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash
In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash. дальше »
2023-8-1 15:00 | |
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Genesis Chapter 11 Bankruptcy Set To Be Resolved Soon, DCG Says
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms. дальше »
2023-8-1 03:00 | |
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DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon
Digital Currency Group comments on the restructuring in an investor letter. дальше »
2023-8-1 20:27 | |
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Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed for bankruptcy – have agreed to settle their ongoing billion-dollar dispute. дальше »
2023-7-30 23:00 | |
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FTX and Genesis reach settlement in bankruptcy case
FTX and Genesis representatives informed the US court that they are ready to settle the bankruptcy case. In a filing to Judge Lane of the United States Bankruptcy Court, FTX and Genesis lawyers state that they agreed on a potential… дальше »
2023-7-28 13:53 | |
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FTX and Genesis agree to resolve claims in the bankruptcy case
FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision. The agreement will resolve FTX’s claims against Genesis debtors and vice versa. Genesis is the largest unsecured creditor of FTX. дальше »
2023-7-28 12:19 | |
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Former FTX CEO Agrees To Gag Order, Including For All Witnesses In Criminal Case
Once a successful cryptocurrency exchange with a staggering $32 billion valuation, FTX is now sinking in legal troubles amid a sea of scandal. Sam Bankman-Fried, better known as SBF, the exchange’s former CEO, is at the heart of the storm after the company filed for bankruptcy protection in November, allegedly due to fraud committed by […] дальше »
2023-7-24 14:12 | |
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Celsius reaches key settlements in bankruptcy proceedings
Celsius could return customer assets by the end of the year after parties resollved two key bankruptcy issues. CEL price rose more than 12% to $0.18 before paring gains. The price of Celsius Network token CEL was up by more than 12% on Saturday afternoon to rank among the top gainers on the day as […] The post Celsius reaches key settlements in bankruptcy proceedings appeared first on CoinJournal. дальше »
2023-7-23 23:21 | |
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Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. дальше »
2023-7-22 18:59 | |
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FTX planned to buy island of Nauru and build bunker in case of mass human extinction
FTX members allegedly planned to purchase a small island nation in case of disaster, according to a July 20 filing in the company’s bankruptcy case. Case text shows that an unidentified FTX officer communicated with Gabriel Bankman-Fried — the brother of former FTX CEO Sam Bankman-Fried — the possibility of buying an 8. дальше »
2023-7-22 08:00 | |
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FTX Funds Allegedly Used For Doomsday Plans By Bankman-Fried’s Brother
In a recent lawsuit filed by the bankruptcy estate of FTX, it has been alleged that Gabe Bankman-Fried, the brother of crypto mogul Sam Bankman-Fried, had plans to purchase the island nation of Nauru using funds from the FTX Foundation. дальше »
2023-7-22 20:00 | |
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FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears
Multiple FTX users have received a "reset password" request from the defunct exchange's official email address as it appears a hacker is attempting to secure control of user's bankruptcy claims. дальше »
2023-7-20 17:45 | |
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FTX Seeks To Recover $71 Million From Philanthropy And Life Science Ventures
Bankrupt crypto exchange FTX, along with its sister firm, Alameda Research, is still maneuvering through its bankruptcy proceedings. And currently, they have their sights set on a substantial sum. Specifically, more than $71 million that they hope to recover from various philanthropic and life science entities. дальше »
2023-7-20 16:45 | |
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FTX Tries to Claw Back $71.5 Million From Its Philanthropic Arm
Bankrupt crypto exchange FTX is seeking to recover $71. 5 million in donations and investments made to life science companies, alleging the funds were commingled and thus avoidable under bankruptcy and Delaware codes. дальше »
2023-7-20 15:45 | |
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Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July. дальше »
2023-7-18 18:10 | |
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Celsius Sells Altcoins Worth Over $24 Million After Court Approval
Crypto lender Celsius is selling over $24 million of altcoins following court approvals amid ongoing lawsuits and bankruptcy proceedings. The company is converting altcoins into Bitcoin and Ethereum to pay creditors. дальше »
2023-7-17 13:45 | |
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Millions Of LINK, SNX, BNB & 1Inch On The Move To Be Sold, OnChain Data Shows
Cryptocurrency lending platform, Celsius Network, has started selling off a variety of its altcoin holdings in a notable move following its recent bankruptcy declaration. According to data from blockchain analytics firm Lookonchain, 1. дальше »
2023-7-17 10:09 | |
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BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: Court filing
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. дальше »
2023-7-15 23:00 | |
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FTX Goes After European Execs, Wants $323 Million Back
Collapsed crypto exchange FTX is now going after executives of its European subsidiary in a bid to recover $323 million. In a lawsuit filed in a US bankruptcy court in Delaware, the exchange claims it overpaid to acquire its European branch while accusing Sam Bankman-Fried and other company Insiders of mismanaging funds from creditors and […] дальше »
2023-7-14 16:00 | |
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Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
That includes customer recoveries, the bankruptcy crypto lender said Thursday. дальше »
2023-7-14 00:40 | |
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Former Celsius Chief Executive Officer Alex Mashinsky Allegedly Apprehended
“Former Celsius CEO Alex Mashinsky Reportedly Detained Following SEC Lawsuit and Crypto Lender’s Bankruptcy” In a recent turn of events, Alex Mashinsky, the former CEO of the now-defunct cryptocurrency lender Celsius, has allegedly been arrested on the morning of July 13. дальше »
2023-7-13 19:11 | |
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FTC Banned Celsius from Handling Customer Assets
The Federal Trade Commission (FTC) has struck a settlement with Celsius Network, a cryptocurrency platform currently in bankruptcy. The settlement, pending approval, will see Celsius permanently prohibited from dealing with... дальше »
2023-7-14 18:36 | |
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