Browsing Tag
Bankruptcy
157 posts
Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
Bankrupt crypto lender Celsius Network’s litigation administrator has initiated legal action against account holders who have not settled…
Binance CEO says customers have ‘very little’ assets in bankrupt FlowBank
Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of…
FTX sells remaining Anthropic shares for $452m
FTX first tried to sell its Anthropic shares in June 2023, but the attempt was halted. Since then,…
Gemini Earn Recovers 97% Of Customers’ Lost Crypto
Gemini’s bankrupt crypto lending arm has successfully recovered virtually all of its customers’ digital assets, marking one of…
FTX examiner recommends further investigation into shortfalls, S&C’s legal representation
The court-appointed examiner, Robert J. Cleary, has released a detailed report recommending additional investigations into several aspects of…
Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors
U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency…
Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in…
BlockFi partners with Coinbase to distribute assets recovered from FTX
Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of…
FTX has billions more than needed to repay bankruptcy victims
Bankrupt cryptocurrency exchange FTX has amassed billions in extra money to fully repay its 2 million customers, marking…
Pantera bought more Solana tokens from FTX’s bankruptcy auction
Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction…
