Tag: Restructuring

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Over 90% of WazirX creditors support post-hack restructuring plan

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 [...]
WBD announces restructuring into linear, streaming units

WBD announces restructuring into linear, streaming units

President and CEO of Warner Bros. Discovery, David Zaslav arrives for the world premiere of "The Flash" at Ovation Hollywood in Hollywood, California, [...]
GM expects more than $5 billion impact from China restructuring

GM expects more than $5 billion impact from China restructuring

DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in noncas [...]
Prop Trading Firm The Funded Trader ‘Restructuring’ Business, Moving to the Cayman Islands – Forex Factory

Prop Trading Firm The Funded Trader ‘Restructuring’ Business, Moving to the Cayman Islands – Forex Factory

Prop Trading Firm The Funded Trader ‘Restructuring’ Business, Moving to the Cayman Islands  Forex Factory www.forexfactory.com [...]
Tether Moves Beyond Stablecoins, Announces Restructuring and New Ventures – FX Leaders

Tether Moves Beyond Stablecoins, Announces Restructuring and New Ventures – FX Leaders

Tether Moves Beyond Stablecoins, Announces Restructuring and New Ventures  FX Leaders www.fxleaders.com [...]
Australian Court Hands Over $41 Million of Crypto Held by Allegedly Unlicensed Blockchain Miners at ASIC Request

Australian Court Hands Over $41 Million of Crypto Held by Allegedly Unlicensed Blockchain Miners at ASIC Request

The Australian Securities and Investment Commission (ASIC) said on Friday that it had commenced civil proceedings against NGS Crypto, NGS Digital and [...]
CoinDesk’s New Owner Bullish Replaces CEO in Restructuring

CoinDesk’s New Owner Bullish Replaces CEO in Restructuring

CoinDesk and Bullish employees were informed of the changes via a memo on Thursday from Bullish CEO Tom Farley, who said the restructuring was designe [...]
Carvana targets redemption after bankruptcy concerns, restructuring

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 [...]
Zipmex Restructuring Plan Offers Creditors 3.35 Cents on the Dollar: Report

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 [...]
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital ( [...]
Meta dissolves responsible AI division amid restructuring

Meta dissolves responsible AI division amid restructuring

Social media giant, Meta has reportedly disbanded its Responsible AI division, the team dedicated to regulating the safety of its artificial intellige [...]
Hodlnaut heading for liquidation after failure of restructuring, sale efforts

Hodlnaut heading for liquidation after failure of restructuring, sale efforts

Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ fu [...]
Patricia exchange CEO announces debt restructuring via convertible notes

Patricia exchange CEO announces debt restructuring via convertible notes

Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a Nigerian cryptocurrency exchange, the chief exec [...]
BAYC creator Yuga Labs completes restructuring to focus on metaverse

BAYC creator Yuga Labs completes restructuring to focus on metaverse

Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing chall [...]
SEC raises concerns over Coinbase in objection to Celsius restructuring plan

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan based in part on the regula [...]
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