Tag: bankrupt
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 [...]
Bankrupt Crypto Lender Genesis Amends Chapter 11 Plan as Mediated Talks With DCG Continue
The updated reorganization plan “reflects substantial agreement on certain key issues,” the filing said, but added that Genesis, its creditors and oth [...]
US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to allow customers t [...]
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 [...]
Bankrupt Crypto Lender Celsius Transfers $75M of Ether (ETH) to Staking Service Figment
According to data by crypto intelligence firm Arkham Intelligence, Celsius transferred some 40,928 ETH to a crypto wallet spread through fourteen tran [...]
Judge halts Suns’ bid to exit bankrupt Diamond Sports network
A view during the second half in Game Two of the NBA Finals between the Milwaukee Bucks and the Phoenix Suns, Phoenix Suns Arena, July 8, 2021.Christi [...]
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution o [...]
Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some User, EY Says
EY will make the procedure to file the claims public in the coming weeks,
www.coindesk.com [...]
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.
www.coindesk.com [...]
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
Cryptocurrency exchange FTX is seeking to recover around $4 billion from similarly bankrupt crypto lender Genesis and a still-solvent British Virgin I [...]
Bankrupt Crypto Exchange FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
According to Wednesday's filing, Alameda repaid $1.8 billion in loans to Genesis and pledged $273 million to Genesis in the 90 days before the various [...]
FTX advisors billed the bankrupt firm for a whopping $103M in Q1
The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of $103 million o [...]
Bankrupt Crypto Lender Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Regular customers, misled by management, didn’t understand the implications of this transfer – but more sophisticated Series B investors were well awa [...]
U.S. Government Allows $1B Deal Between Bankrupt Crypto Lender Voyager Digital and Changpeng Zhao’s Binance.US to Proceed
“The plan and confirmation order contemplate certain transactions and other steps, including making certain distributions to Debtors’ account holders… [...]