Tag: Reorganization
Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins
The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).
www.coindesk.com [...]
Binance Labs Has Become Independent of Crypto Exchange Binance: Bloomberg
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FTX Files Reorganization Plan to End Bankruptcy
In the new proposal, creditor and customer claims are classed according to the priority the estate plans to give them, and the value of claims will be [...]
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its [...]
Celsius entity to focus only on mining under proposed reorganization plan
Cryptocurrency lending firm Celsius said its reorganized company will focus only on Bitcoin mining following feedback from the United States Securitie [...]
Venezuela extends reorganization shutdown of crypto agency to March 2024
Venezuela was one of the first Latin American countries to establish its own crypto oversight body, the National Superintendency of Crypto Assets (Sun [...]
Celsius Creditors Approve Reorganization Plan, Which May Return Up to 85% Funds
The overwhelming vote marks another step towards the end of Celsius' bankruptcy and the return of funds to customers. Celsius filed for bankruptcy in [...]
Celsius creditors vote in favor of reorganization plan
The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned to them as well as distributing equit [...]
Diamond Sports calls for mediators, pushes for reorganization
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field in Clevelan [...]
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 [...]
Celsius seeks to convert alts to Bitcoin and Ether under reorganization plan
Defunct crypto lender Celsius has revised its bankruptcy filing awaiting approval from a bankruptcy court in New York after a successful acquisition d [...]
BlockFi Ordered by U.S. Bankruptcy Court to Withdraw Unapproved Reorganization Plan Shared ‘Prematurely’
The creditors and other parties do not support the reorganization plan, the corrective letter said. The Official Committee of Unsecured Creditors "bel [...]
Some Genesis Creditors File for Mediator Assistance Over Amount of DCG Contribution to Reorganization
After reaching a pact earlier this year with Genesis owner Digital Currency Group (DCG), the creditors said in a filing at the bankruptcy court for th [...]
SiriusXM cuts 475 jobs in reorganization
Sirius XM is the latest media company to announce a round of layoffsThe car radio subscription company, known for its commercial-free music and talk r [...]
Compute North’s Reorganization Plan Approved By Bankruptcy Judge
Compute North filed for bankruptcy in September as it was unable to meet its debt obligations. The mining firm has closed 13 asset sales, four of them [...]