Search

Nalezeno "Bankruptcy": 1399

FTX Bankruptcy Claims Another Casualty: Web3 Video Game Storybook Brawl Shuts Down – Here's the Latest

26.4.2023
At this point, one would have thought the FTX domino effect was over, but the latest report suggests the opposite. After forcing many over-leveraged firms to close shop, the FTX liquidity crunch has claimed the another crypto-related business. The latest Bloomberg report revealed that Storybook...

Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal

26.4.2023
Creditors can expect to receive between 40 and 65% recoveries, ideally in crypto, a bankruptcy court heard

Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering

26.4.2023
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy

Binance US Pulls the Plug: Voyager Purchase Deal Falls Through

25.4.2023
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash...

Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment

25.4.2023
The parties got the go-ahead on the deal last week, after overcoming several objections. Binance.US did not say what compelled it to change its mind now

FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction

25.4.2023
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk

Genesis settlement disrupted by new creditor demands, DCG says

25.4.2023
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy

Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

25.4.2023
The move by Genesis creditors comes months after they had appeared to reach an initial agreement with Genesis-owner DCG

Gibraltar Court Orders Crypto Wallet Freezes as Investigators Probe Failed Trader Globix: FT

25.4.2023
A Gibraltar court has ordered Binance, Crypto.com, Bitstamp and Kraken to freeze wallets or identify owners linked to the collapsed crypto trader

Celsius auction has Gemini and Coinbase as new bidders: Report

23.4.2023
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York

Former US Secret Service Asst. Director: Keep personal info of FTX users private

21.4.2023
Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed

3AC founders' OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group

21.4.2023
DeFi firm Nascent was also claimed as a backer, but it has clarified that it only bought FLEX tokens from the company’s previous incarnation

DRW Denies Investing in OPNX, Distancing Itself From 3AC Founders’ Bankruptcy Claims Exchange

21.4.2023
OPNX had included DRW in list of "major investors" in a tweet earlier Friday

Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets

21.4.2023
Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday

Youth Insolvency Spikes in South Korea – Is a Rise in Crypto Investment to Blame?

21.4.2023
Crypto investment is being blamed for a spike in the number of South Korean people aged 20-39 declaring insolvency. Per Maeil Shinmun, the Seoul Rehabilitation Court said: “The rise in [insolvency] seems to have been influenced by a growth in economic activities such as cryptocurrency and stock...