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Nalezeno "Creditors": 346

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...

What Happens to Celsius Creditors if Crypto Prices Recover?

26.7.2022
Legal experts survey the undiscovered country that awaits customers of the bankrupt cryptocurrency lending platform

Crypto lender Vauld seeks protection against creditors: Report

21.7.2022
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets

Crypto Lender Vauld Files for Protection From Creditors

20.7.2022
The Singapore-based company had recently suspended withdrawals and begun laying off staff

Crypto Turmoil Latest: 3AC Creditor List Unveiled and Celsius Asks Creditors to ‘Go Long’ on Crypto

19.7.2022
With coin prices still very tentatively recovering and some even forecasting the end of crypto winter, optimists will hope that the darkest days of the crypto crunch are behind us – but things are still hot in the world of the bankrupt duo Celsius (CEL), a crypto lender, and Three Arrows Capital...

First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

15.7.2022
The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short-squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case

Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding

11.7.2022
Three Arrows Capital’s Su Zhu and Kyle Davies are said not to be cooperating as fears mount that the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share

Mt. Gox Trustee Moves Closer to Pay-Out, Asks Creditors for Payment Details

8.7.2022
The trustee holding what is left after the infamous collapse of the early crypto exchange Mt. Gox is moving closer to a pay-out, asking creditors how they would like to get paid, according to a new letter. In the letter, dated July 6, Mt. Gox’s Japanese trustee, Nobuaki Kobayashi, has asked...

Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy

2.7.2022
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files...

Blockchain.com, Deribit Among Creditors That Pushed for 3AC Liquidation: Report

1.7.2022
Crypto exchanges Blockchain.com and Deribit were among the creditors to have pushed for the liquidation of troubled hedge fund Three Arrows Capital (3AC), Bloomberg reported Friday

Coinbase junk bonds tank amid market rout and creditors’ fears

13.5.2022
“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong

ADALend: Protocol Efficiency on Cardano in Handling Interest Rates

16.12.2021
Crypto traders turn to fixed-income instruments like bonds and stocks to diversify their portfolios. The cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents and is a substantial economic force to reckon. With interest rate derivative...

Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company

18.11.2021
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africrypt’s Intellectual Property In addition to paying $4 million — which will be used to pay off some...

$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’

17.11.2021
Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses...

Cryptocurrency Creditors Making a Lot Despite Bear Market

15.11.2021
Cryptocurrency creditors have been making a lot of money regardless of the bearish market trend. These crypto creditors are to grab hold at profits by selling crypto to two categories of borrowers. One is die-hard crypto lovers, they believe in crypto assets. These investors expect the market...

Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million

12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...

Mt. Gox Bitcoin Payouts On Horizon After Creditors Approve Plan

21.10.2021
The light finally appears to be at the end of the tunnel for the Mt. Gox creditors, who have approved a plan that will let them choose to receive some of the coins they have been waiting years for. In a translated letter, Nobuaki Kobayashi, the Japanese lawyer and trustee for the now-defunct...