Search

Nalezeno "troubled crypto lender": 13

Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover

19.9.2023
According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX Takeover Faces Resistance from Hodlnaut’s Judicial...

Troubled Crypto Lender Babel Finance Eyes Restructuring with Stable Asset Project – How Does it Work?

6.3.2023
The troubled crypto lending firm Babel Finance is working on a new plan to raise money through a crypto-backed stablecoin. The new stablecoin that is being proposed is called Babel Recovery Coin. The plan is for the coin to maintain a $1 price in the market through a system of trading incentives...

Troubled crypto lender Vauld gets extended creditor protection

17.1.2023
The company claims that the negotiations with potential crisis managers entered the “advanced stage.”

Troubled Crypto Lender Genesis Owes Creditors Over $3B: FT

12.1.2023
As part of its fundraising efforts, DCG is reportedly looking at selling some of its venture capital portfolio, worth around $500 million

FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock

23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...

Troubled Crypto Lender Amber Group Raises $300 Million Amid Layoffs and Refocusing Efforts

16.12.2022
Amid the ongoing cryptocurrency market downturn, troubled Asian crypto trading firm Amber Group has managed to collect some $300 million under its series C round, led by the US arm of blockchain-focused venture capital firm Fenbushi Capital US and joined by a number of crypto-native investors...

Crypto Lender Vauld Receives Creditor Protection Extension

11.11.2022
The firm now has till 20 January 2023 to work on a restructuring plan

Troubled Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze

10.11.2022
Crypto lender Hodlnaut has been dealt another blow in its pursuit for recovery after it emerged that it has $18 million stuck on FTX, the crypto exchange that halted withdrawals earlier this week

Algorand Foundation Declares $35M Exposure to Troubled Crypto Lender Hodlnaut

12.9.2022
Hodlnaut was placed under Interim Judicial Management in Singapore after suspending withdrawals from its platform in early August

Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements

22.8.2022
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest update shows that Hodlnaut experienced a shortfall of around $193 million and this...