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Nalezeno "creditors": 462

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'

3.7.2023
The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies

‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate

28.6.2023
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up

Celsius creditors allege Wintermute facilitated 'wash trading': Report

24.6.2023
It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently" manipulate trading volumes on the Celsius platform

SEC waives BlockFi's $30M fine until creditors are paid

23.6.2023
The U.S. SEC was at the top of BlockFi creditor's list with a $30 million settlement balance from February 2022

Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings

17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors

5.6.2023
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy

Crypto exchange TrigonX latest to emerge from the FTX rubble

30.5.2023
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX

DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

23.5.2023
In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order...

Crypto Influencer Loomdart Pitches FTX 2.0 as the Path Forward for FTX Creditors

16.5.2023
Crypto veteran Loomdart is supporting an FTX reboot as a way to make creditors whole and increase trust in the industry. Loomdart, who is also the co-founder of eGirl Capital, said an FTX relaunch could be successful if all users and creditors get a chunk of the platform. ... Read More: Crypto...

Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company

16.5.2023
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands...

BlockFi used customer money to buy $30M insurance, creditors claim

16.5.2023
BlockFi said last Friday that it might not generate value for creditors by selling its cryptocurrency lending platform

BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management

16.5.2023
The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management

Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar

13.5.2023
EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28...

QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

13.5.2023
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...

Voyager Digital Provides Update on Reimbursement Plan for Creditors

6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...