Tag: bankrupt
Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injec [...]
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The decision, which is subject to a bankruptcy court’s approval, comes after a DFPI investigation found the now-bankrupt crypto lender “failed to prov [...]
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to a previous filing. They are spread a [...]
Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors.
www.coindesk.com [...]
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms’ Debt
“Lowering our debt nearly 85% from a high of $165 million in June 2022 to $25 million today has significantly decreased principal and interest obligat [...]
Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
The term sheet also involves refinancing the outstanding loans where DCG borrowed $500 million in cash and about $100 million worth of bitcoin (BTC) f [...]
Bankrupt Thurrock Council asks for £636m bailout and tax hike
Thurrock is in council tax rise and bailout negotiations as it tries to address its £1.5bn debt.
www.bbc.co.uk [...]
First Mover Americas: Bankrupt With $1.4B Cash
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes [...]
Tether CTO denies borrowing from bankrupt lender Celsius
Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, [...]
Bankrupt Lending Platform Celsius Names Users Eligible to Withdraw Assets
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Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End
Amongst the various arms Sam Bankman-Fried's fallen crypto empire, FTX.US has $260 million in cash. Bankman-Fried has repeatedly claimed that the U.S. [...]
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lende [...]
CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager
The review could impact the completion, timing and terms of any such deals, CFIUS said.
www.coindesk.com [...]
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific's largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes as of Dec [...]
First Mover Americas: One of The Largest Bitcoin Miners Goes Bankrupt
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 21, 2022. First Mover is CoinDesk’s daily newsletter that contextualize [...]