Browsing Tag
Bankruptcy
162 posts
Do Kwon’s Serbian enterprise outlasts Terraform Lab’s collapse
Amidst legal turmoil and Terraform Labs’ collapse, Do Kwon’s Serbian venture Codokoj22 remains active. Terraform Labs, the company…
IBM, Westpac-backed blockchain project Lygon to liquidate
Lygon, a startup backed by major financial institutions, has gone bankrupt. Its debt hovers at around $14.3 million.
Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed…
Bitget executive dispels insolvency rumors
Bitget’s managing director, Gracy Chen, commented in an X post that rumors of the exchange’s insolvency and the…
Celsius moves to unstake $470m in ETH for creditor repayments
Bankrupt cryptocurrency lender Celsius Network revealed plans today to unstake its existing Ethereum holdings in preparation for prompt…
Exploring failed ventures: RootData publishes list of deceased crypto projects
RootData, a provider of visual and structured data on companies in the digital finance industry, has published a…
Most notable crypto bankruptcies in 2023
Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s…
Court prevents DCG from altering Genesis ownership
In a recent legal development, a judge has ruled that Digital Currency Group is prohibited from making ownership…
FTX creditors stand to collectively lose millions under new reogranization plan
FTX Debtors filed an amended Chapter 11 reorganization plan on Dec. 16 that will potentially lead to millions…
Empty Accounts Discovered As Celsius Allows Crypto Withdrawals For Eligible Users
In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However,…
