Tag: bankruptcy
Cheshire East Council asks for help to avoid bankruptcy
Cheshire East Council has asked the government for "exceptional financial support" to avoid having to declare itself effectively bankrupt.The authorit [...]
FTX’s Custody Unit Sold for 95% Less Than It Paid Months Before Collapse
DCI was initially bought to provide custodial services for FTX.US and U.S.-based LedgerX, but due to the collapse of the FTX empire, it was never inte [...]
Bankruptcy Was Crypto Winter’s Circuit Breaker
Societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust. But, in the wake of 2022's scandals, the process helped re [...]
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
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Carvana targets redemption after bankruptcy concerns, restructuring
A Carvana sign and signature vending machine in Tempe, Ariz.Michael Wayland/CNBCPHOENIX – As layoffs and cost cuts roil Wall Street, from retail and s [...]
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
“When we were appointed in June 2022, everyone assumed Celsius would disappear completely like the other crypto lenders that were filing bankruptcy ar [...]
FTX Expects to Pay Crypto Customers in Full, Won’t Restart Exchange
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FTX Sold About $1B of Grayscale’s Bitcoin ETF (GBTC): Sources
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Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singap [...]
SBF’s Parents Ask Court to Dismiss FTX’s Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX and did not serve "as a [...]
Bitcoin (BTC) Miner Core Scientific (CORZ) to Emerge From Bankruptcy, Relist Shares This Month
At the peak of the 2021 bull market, when the bitcoin price rose more than $60,000, the company was the largest publicly traded bitcoin miner by compu [...]
Mt. Gox Crypto Exchange Appears to Have Started PayPal Repayments Tied to 2014 BTC Hack
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Giuliani Files for Bankruptcy Protection
Rudolph Giuliani filed papers in federal bankruptcy court in New York, listing debts including big legal fees, unpaid taxes and the $148 million a jur [...]
British Virgin Isles Court Freezes $1 Billion of Su Zhu, Kyle Davies, Kelly Chen Assets
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FTX Bahamas Unit Reaches Agreement With U.S. Team on Pooling, Distributing Assets
Once the courts have agreed, FTX Digital Markets will take the lead in the realization of real estate and other assets in the Bahamas and FTX Debtors [...]