Tag: Creditors
Over 90% of WazirX creditors support post-hack restructuring plan
Over 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan.According to an Ap [...]
Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors
Trabucco, who was part of Sam Bankman-Fried’s inner circle and became Caroline Ellison’s right hand at Alameda Research, the trading firm co-founded b [...]
Giuliani Moved Possessions From N.Y. Apartment as Creditors Closed In
Lawyers for the two election workers seeking to collect on a $148 million defamation judgment against Rudolph W. Giuliani found that he had largely cl [...]
Crypto Lender Celsius’ Bankruptcy Plan Administrator Distributes More Than $2.5B
"Approximately 64,000 of these remaining creditors have a distribution of less than $100, and approximately 41,000 more have a distribution of between [...]
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty.
www.coindesk.com [...]
Bitcoin (BTC) Price Slips Below $66K as Mt. Gox Creditors Receive Crypto Assets on Kraken
Crypto prices often reacted negatively to news about Mt. Gox-related blockchain transfers recently. Earlier today, bitcoin slipped to near $66,000 aft [...]
Mt. Gox Distributes Bitcoin and Bitcoin Cash to Creditors
Mt. Gox, formerly the preeminent cryptocurrency exchange, has initiated the distribution of Bitcoin (BTC-USD) and Bitcoin Cash (BCH-USD) to its credi [...]
Crypto Markets To See Selling Pressure in July From Mt. Gox Creditors, JPMorgan (JPM) Says
The bank said by looking at the negative price action in crypto markets since May 29th, it is “fair to assume that some of Gemini creditors, which are [...]
Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their clai [...]
Giuliani’s Bankruptcy Creditors Demand to Know His Spending
The former New York mayor and Trump lawyer actually spent nearly $120,000 in January, and his creditors say he is still not turning over required fina [...]
Bankrupt Cryptopia Exchange to Return BTC, DOGE to Qualifying Creditors
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Rocketing Worldcoin Prices Could Help Three Arrows, FTX Creditors
WLD’s rise has apparently come after AI developer OpenAI’s launch of a text-to-video generator, Sora, last week. Worldcoin’s parent company and OpenAI [...]
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 [...]
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacte [...]
Zipmex Restructuring Plan Offers Creditors 3.35 Cents on the Dollar: Report
The figure could rise to as high as 29.35 cents on the dollar depending on recoveries in relation to its debt restructuring plan. The proposals have b [...]