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Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday.
24.7.2024
Customers of the defunct crypto exchange lost their funds in a 2014 hack
Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC
24.7.2024
Mt. Gox creditors aren't selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC
Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
24.7.2024
The defunct exchange has moved billions of dollars worth of bitcoin over two days
BlockFi Administrator Submits Plan in Court to Make Customers Whole
23.7.2024
"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
19.7.2024
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in November 2022, is now collaborating with Coinbase...
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
19.7.2024
These developments indicate TFL’s proactive efforts to tackle Terra's challenges and restore trust and stability within the Terra ecosystem
BlockFi to Start Interim Crypto Distributions Through Coinbase This Month
18.7.2024
Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase in July 2024, it announced on Thursday
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
Terraform Labs to sell 4 companies as part of wind-down
11.7.2024
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal
Bitcoin bulls refuse to flip bearish despite the $53,300 retest
8.7.2024
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon
Cash or crypto? FTX creditors to vote on how they're paid back
26.6.2024
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan
Celsius small business creditors demand reimbursement after 35% cut in claims
25.6.2024
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Customers protest exchange bankruptcy plan: ‘We never gave FTX our coins!’
21.6.2024
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights
HectorDAO files for Chapter 15 Bankruptcy in the US
20.6.2024
The decentralized organization was first impacted by the collapse of the Terra Luna ecosystem in 2022 and suffered $16.4 million in losses
Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK
20.6.2024
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local Report Claims On June 20, 2024, NHK reported that...
Japanese exchange BitFlyer to acquire FTX Japan
20.6.2024
FTX Japan, a Japanese subsidiary of the collapsed FTX exchange, is preparing to return with a new owner after repaying its customers in 2023
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
18.6.2024
FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate
FTX victims go after company’s assets from criminal forfeiture
17.6.2024
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions