Browsing Tag
Bankruptcy
162 posts
Celsius files adversary complaint against EquitiesFirst
The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is…
FTX moving coins to BitGo, plans to settle the over $8B debt ongoing
FTX, the defunct crypto exchange, has been consolidating coins as part of efforts to settle over $8 billion…
FTX brass spent more than $2.5m in customer funds on a luxury yacht
The yacht may have been a parting gift for Sam Trabucco, who resigned from Alameda in August 2022.
Bankrupt lender, BlockFi, files to convert ‘trade-only’ tokens into stablecoins
BlockFi, the now-defunct crypto lending company, has filed a court application to move “trade-only” assets from users’ accounts…
DCG and Genesis reach landmark settlement over bankruptcy
DCG’s has reached a settlement with Genesis as they agree to reimburse creditors 70-90% as they seek tp…
FTX reports security breach involving bankruptcy agent Kroll
FTX has announced a cybersecurity breach involving its bankruptcy case claims agent, Kroll, exposing limited, non-sensitive customer data…
Prime Trust’s parent company reports $8m loss due to TerraUSD investments
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD…
FTX engages Galaxy Digital to oversee, sell, and hedge its crypto assets
Bankrupt exchange FTX wants to hire Mike Novogratz’s Galaxy to assist with selling, staking, and hedging its crypto…
Evergrande сrypto сrash: Chinese giant’s impact on digital markets
China’s Evergrande’s bankruptcy filing reverberates in the crypto markets, triggering significant drops in major digital assets and casting…
US BlockFi clients free to withdraw funds after court order
US-based who were unable to withdraw from BlockFi can now access their accounts after a directive by a…