Bankruptcy
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Core Scientific Reaches Settlement Agreement in Bankruptcy Case
According to reports, the judge in the bankruptcy case of Core Scientific approved a settlement agreement with the exclusive energy contract negotiator of the B
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Coinbase’s $3 Billion Credit Line to Circle After SVB’s Bankruptcy
It is reported that Coinbase provided Circle with an immediate credit line of approximately $3 billion after SVB\’s bankruptcy to ensure the full liquidity of US
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Genesis Files for Bankruptcy, Initiates Auction and Requests Creditors to Submit Claims
According to reports, according to bankruptcy court documents, the bankruptcy lending platform Genesis has requested creditors to explain how much the company o
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FTX Trading Faces Largest Bankruptcy Case in History
On March 16th, a Twitter user claiming to be a FTX creditor, @ AFTXcredit, said on Twitter that FTX Trading released a creditor form yesterday, with over 2000 p
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Cryptocurrency blamed for bank failures, but Cathie Wood blames the Federal Reserve
According to reports, Cathie Wood, founder of ARK Invest, stated on Twitter that cryptocurrency had not led to the bankruptcy of Silicon Valley banks and Signat
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FDIC Regulators Require Financial Institutions to Submit Bids for Silicon Valley and Signature Bank Sale
According to reports, people familiar with the matter disclosed that the regulators of the Federal Deposit Insurance Corporation (FDIC) of the United States req
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Sanjian Capital Co-founder Denies Pending Litigation or Regulatory Action
According to reports, Kyle Davies, the co-founder of Sanjian Capital, a closed hedge fund, said that there was no pending litigation or regulatory action agains
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FTX Requests for Extension on Reorganization Plan Submission
It is reported that FTX, the cryptocurrency exchange, applied to the US judge, hoping to give another six months to submit the reorganization plan in Chapter 11
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Silicon Valley Bank Accused of Mismanagement
It is reported that Silicon Valley Bank was accused by shareholders of mismanagement, which led to the bank\’s failure. This may be the first time that the bank
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Warren investigates Silicon Valley Bank bankruptcy
It is reported that Warren, a member of the United States Senate, asked the CEO of Silicon Valley Bank to provide an explanation for the bankruptcy.
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BlockFi Can Use Cash Despite Holding Uninsured Funds at Bankruptcy Court
It was reported that a bankruptcy court in New Jersey was informed on Monday that although BlockFi held a large amount of uninsured funds in the bankrupt Silico
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Bankruptcy of Silicon Valley Bank May Affect Over 190 Companies Worldwide
On March 13, according to foreign media reports, more than 190 companies around the world that have obtained loans from the bankrupt Silicon Valley Bank (SVB) m
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Bitstamp Tweets Assurance Despite Signature Bank’s Bankruptcy
It is reported that Bitstamp, a crypto exchange, tweeted that despite the unfortunate bankruptcy of Signature Bank, our normal operation will not be affected.
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Bankruptcy of Silicon Valley Bank Sparks Concerns in Tech Industry
It is reported that after the bank of Silicon Valley announced its bankruptcy in a flash on March 10, it triggered a severe shock in the capital market. Investo
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Coinbase’s Trading Volume Plummets Amid USDC’s Bankruptcy
On March 12, according to the data released by Crypto KOL and chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged
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Bank of England to Include Silicon Valley Bank’s British Subsidiary in Bankruptcy Proceedings
It is reported that the Bank of England intends to apply to the court to include the British subsidiary of Silicon Valley Bank (SVB UK) in the bank bankruptcy p
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BlockFi’s Unprotected Funds Cause Legal Concerns
It is reported that according to a bankruptcy document, BlockFi, a cryptographic lending institution, has 227 million dollars of \”unprotected\” funds in Silicon
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Silicon Valley Bank Closes Down Due to Bankruptcy
According to reports, the Federal Deposit Insurance Corporation of the United States said that SVB Bank was closed by California regulators, and Silicon Valley
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CEO of Silicon Valley Bank resigns from the Board of Directors of the Federal Reserve Bank of San Francisco
It is reported that Reuters reported on March 10 that Greg Becker, CEO of Silicon Valley Bank, will no longer serve as a member of the Board of Directors of the
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Voyager Digital receives US $86.8 million in USDC and sends out US $82.5 million of cryptocurrency
It is reported that since March 8, the bankrupt cryptocurrency broker Voyager Digital has received nearly US $86.8 million of USDC and sent nearly US $82.5 mill
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Mt. Gox Investment Fund to Hold Bitcoin Payment Instead of Selling
According to reports, according to people familiar with the matter, Mt. Gox Investment Fund, the largest creditor of the bankrupt cryptocurrency exchange Mt. Go
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FTX Aims to Retain Valuable Employees Through Bonus Plan
According to the court documents submitted on Tuesday, the bankrupt cryptocurrency exchange FTX hopes to launch a $4 million bonus plan to prevent employees wit
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Third Day of Voyager Bankruptcy Hearing Focuses on Sale Plan Objections
On March 7, the hearing on the bankruptcy of Voyager on Monday entered its third day. Although the first two days of the hearing focused on the questions about…
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Court Orders Silvergate Bank to Return Funds to BlockFi
It is reported that according to a court document on Friday, Michael B. Kaplan, a US bankruptcy judge, said that Silvergate Bank must return US $9.85 million t…
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Celsius Convert 22,962.8 WBTC to Bitcoin
On March 4, according to a document in the Chapter 11 bankruptcy protection proceedings of Celsius on March 3, the conversion of 22962.8 WBTC to Bitcoin by Cel…
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Investor Files Class Action against BlockFi, Founder, Directors, and Gemini
On March 2, an investor who was frozen nearly US $2 million in BlockFi, a bankrupt cryptocurrency lending institution, filed a class action against its founder…