Tag: bankrupt
Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said
www.coindesk.com [...]
Bankrupt Core Scientific to Buy 27K Bitmain Servers for $77M in Cash and Stock
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Bankrupt Crypto Lender Celsius Network Files to Recover Assets from Equities First
EquitiesFirst is a private lending platform that owed Celsius some $439 million worth of cash and bitcoin (BTC) as of July 2022. Celsius first took co [...]
Birmingham City Council ‘effectively bankrupt’
"Like local authorities across the country, it is clear that Birmingham City Council faces unprecedented financial challenges, from huge increases in [...]
A Trucking Giant Is Bankrupt, and Finger-Pointing Begins
Yellow, one the largest trucking companies in the United States, is now in bankruptcy, three years after it got a $700 million federal loan meant to h [...]
Bankrupt Crypto Lender BlockFi’s Disclosure Statement Gets Approval From Court
“BlockFi’s mission through this process has been to maximize recoveries for our creditors, and conditional approval of our Disclosure Statement moves [...]
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
Bankrupt cryptocurrency lending firm Celsius has requested the court to grant relief in the motion related to the distribution of funds from its sale [...]
Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
The company "continues to pursue a successful Chapter 11 Plan," Celsius said in a statement attached to a Thursday court filing. "Celsius' Special Com [...]
SEC Sues Bankrupt Celsius Network, Alex Mashinsky Over Securities Fraud
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Bankrupt Celsius Sues Crypto Staking Platform StakeHound for $150M Over Missing Tokens
According to court filings, Celsius entrusted StakeHound with 25,000 staked native ETH, 35,000 native ETH, 40 million MATIC, and 66,000 DOT in 2021. C [...]
Creditors for bankrupt Voyager Digital billed $5.1M in legal fees
New York-based law firm McDermott Will & Emery filed for compensation of $5.1 million from the creditors of bankrupt crypto brokerage firm Voyager [...]
Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis
Cameron Winklevoss, co-founder of the Gemini crypto exchange, tweeted what he described as a "final offer" in the debt-restructuring talks over the ba [...]
Bankrupt Crypto Lender Celsius Can Convert Altcoins to BTC, ETH Following Talks With SEC
Celsius “may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than such tokens that are ass [...]
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leve [...]
Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community
3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but sk [...]