Bankruptcy
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Bitcoin Mining Enterprise Core Scientific Approves $70 Million Loan Amidst Bankruptcy
On March 2, the Texas judge of the United States will approve B. Riley Commercial Capital to provide $70 million loan to the bankrupt Bitcoin mining enterprise…
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Unsecured Creditors Committee Approves Celsius’ Planned Sale to NovaWulf
On March 2, according to a new court document, the official committee of unsecured creditors in the Celsius bankruptcy case said that the proposed sale to Nova…
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DCG’s Financial Data Release Provides Clues for Genesis Bankruptcy and GBTC Discount
It is reported that Ram Ahluwalia, CEO of Lumida Wealth, a cryptographic investment consultancy, said in a social media message that DCG shared financial data …
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Voyager Customers Vote in Favor of Bankruptcy and Reorganization
According to the report, according to the official Twitter, the encryption lending agency Voyager said that the vote of Voyager customers on the bankruptcy and…
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Alameda Research Claims Could Impact Voyager’s Credit Recovery Rates
It is reported that according to a court document issued by the Texas regulatory agency in the United States, if Alameda Research succeeds in claiming $445 mil…
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Marco Polo Trade Finance Network’s Holding Company Enters Bankruptcy
It is reported that the holding company of Marco Polo Trade Finance Network (formerly TradeIX) entered bankruptcy in Ireland. The blockchain network has more t…
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Voyager and FTX Reach Provisional Agreement on Controversial Loan
It is reported that the bankrupt encryption loan agency Voyager and the bankrupt encryption exchange FTX reached a provisional agreement on the payment of a co…
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FTC Blocks Voyager Digital’s Third Bankruptcy Plan Over Fraud Allegations
It is reported that the United States Federal Trade Commission (FTC) opposed the third bankruptcy reorganization plan of the encryption broker Voyager Digital….
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SBF’s Involvement in FTX Bankruptcy and Fraud Investigation
It is reported that according to SBF, the former chief executive of the cryptocurrency exchange FTX, after his company went bankrupt and was arrested on suspic…
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The Unfortunate Downfall of FTX: Prosecutors Confiscate $700 Million Believed to Belong to SBF or the Exchange
On February 19, according to SBF, the former chief executive of the cryptocurrency exchange FTX, after his company went bankrupt and was arrested on suspicion …
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Former Engineering Director of FTX to Plead Guilty to Criminal Charges
It is reported that Nishad Singh, the former engineering director of FTX, is finalizing an agreement with the prosecutor to plead guilty to criminal charges. A…
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Compute North Approves Restructuring Plan after Filing for Bankruptcy
It is reported that a federal judge approved the final restructuring plan of Compute North, a virtually dissolved cryptocurrency mining service company, which …
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Confusion in FTX Digital Markets Ltd regarding company and customer funds
It is reported that the court documents submitted by the FTX Bahamas liquidator show that FTX Digital Markets Ltd, the branch of FTX Bahamas, seems to confuse …
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Core Scientific’s Discretionary Spending Practices Under Scrutiny
According to reports, the bankruptcy court documents submitted last week showed that the bankrupt Bitcoin mining company Core Scientific (CORZ) paid $1.65 mill…
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Celsius Failed to Record 7,000 Transactions Before Bankruptcy Filing
It is reported that according to the court documents cited by CoinDesk, Celsius did not fully record about 7000 transactions between it and its affiliated comp…
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Auros Global Suffers Due to Bankruptcy of FTX Crypto Exchange
It is reported that the crypto trading company Auros Global is the victim of the bankruptcy of the crypto exchange FTX. Its main creditor, M11 Credit, said in …
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Celsius May Devalue CEL Token Due to Bankruptcy
It is reported that the lawyer of Celsius, the bankrupt cryptocurrency lender, said that the company may value its CEL Token at 20 cents, far below its current…
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FTX court case reveals shady financial transfers
It is reported that a Delaware bankruptcy court learned on Wednesday that before FTX filed for bankruptcy last year, it transferred $7.7 billion of the Bahamas…
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Celsius Given Green Light to Sell Bitmainland Coupons
It is reported that the bankruptcy judge Martin Glenn approved Celsius to sell Bitmainland discount coupons worth more than US $7 million. These assets provide…
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Delaware Bankruptcy Court Approves Sale of FTX Assets
It is reported that the Delaware Bankruptcy Court has authorized and approved the sale or transfer of certain FTX assets. This includes investments held by FTX…
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FTX Turkey Removed from Bankruptcy Case by Delaware Judge
It is reported that the judge of the Delaware Bankruptcy Court approved the removal of its Türkiye subsidiary FTX Turkey from the FTX bankruptcy case. After FT…
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BlockFi Announces Proof of Claim Process Deadline
On February 14, BlockFi, the encryption and lending company that has filed for bankruptcy, tweeted today: \”From today on, BlockFi customers will receive import…