Browsing Tag
Bankruptcy
162 posts
DCG to cease operation of its institutional trading subsidiary
Digital Currency Group (DCG) is shutting down one of its subsidiaries offering trading services to institutional investors, with…
Court directs BlockFi to retract chapter 11 reorganization plan
A U.S. bankruptcy court recently ordered cryptocurrency lender BlockFi to withdraw its prematurely disclosed Chapter 11 reorganization plan…
BlockFi opts to liquidate its lending business
New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after…
Former FTX compliance chief supports lawsuit against celebrity promoters
A class action lawsuit against celebrities accused of promoting the now-bankrupt FTX exchange has gained the cooperation of former FTX…
Bittrex files for bankruptcy in the United States
Crypto exchange Bittrex filed for Chapter 11 bankruptcy protection after announcing plans to leave the United States.
Core Scientific challenges Celsius Network’s $4.7m compensation claim
Core Scientific, a bankrupt Bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed…
FTX seeks to recover nearly $4b in bankruptcy case
In a court petition published on May 3, insolvent crypto exchange FTX claimed insolvent Genesis Global Capital owed…
Coinbase, Gemini take center stage in upcoming Celsius auction
The fate of Celsius Network, a crypto lending platform that went bankrupt last year, will be decided by…
Startup bounces back from $20m FTX investment gone wrong
Coral, a crypto infrastructure company, has managed to bounce back from a nearly $20 million FTX investment gone…
Bankrupt FTX could be revived with $250m investment led by Tribe Capital
Venture firm Tribe Capital is reportedly contemplating a significant capital injection to help resurrect FTX, the bankrupt crypto…