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Nalezeno "Bankruptcy": 1386

US Government Presses for Independent Examiner in FTX Bankruptcy Case


Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...

DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News


TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.  “Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital...

Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy


Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company. Fahrenheit, which consists of a group of crypto firms, was selected as the winning bid on Thursday morning, according to a press release.  The...

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say


Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy

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