Browsing Tag
Bankruptcy
157 posts
Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns
A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by…
FTX reaffirms Galaxy Asset Management as exclusive intermediary amid bankruptcy chaos
Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset…
Hedge fund LedgerPrime rebrands post-FTX bankruptcy
The digital asset hedge fund LedgerPrime has been rebranded as MNNC Group with new funding and former team…
Firm handling FTX’s bankruptcy set to be appointed as Binance’s watchdog
New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd.…
Genesis secures court approval to sell GBTC shares worth $1.3 billion
Genesis Global has secured approval from a bankruptcy court to sell approximately 35 million shares of the Grayscale…
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the…
FTX to divest Digital Custody to CoinList at major loss
Bankrupt crypto exchange FTX has filed legal papers proposing the sale of its subsidiary, Digital Custody, to CoinList…
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related…
Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing
Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating…
Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts
Digital Currency Group (DCG), the parent company of the defunct crypto lender Genesis, has filed an objection against…
