Bankruptcy
- Companies
Celsius Plans to Unstake $470M in ETH for Creditor Settlement
On January 5th, Celsius, currently navigating bankruptcy proceedings since filing Chapter 11 in July 2022, announced plans to reallocate assets…
Read More » - Companies
Crypto Mining Company Core Scientific to Rise from Bankruptcy in January
Cryptocurrency mining company Core Scientific has announced its anticipated emergence from bankruptcy in mid-to-late January, marking a pivotal moment a…
Read More » - Crypto Exchanges
Court Greenlights $873 Million Trust Asset Sale for FTX Creditor Repayment
In a major development for the bankruptcy proceedings of crypto exchange FTX, a Delaware bankruptcy court has given the go-ahead…
Read More » - Crypto Exchanges
FTX Sues Bybit for $953 Million Over VIP Withdrawals
FTX’s bankruptcy advisers have filed a lawsuit against Bybit Fintech Ltd and two affiliated entities in an attempt to recover…
Read More » - Companies
Celsius Emerges from Bankruptcy as Repayment Plan Gets Green Light
Celsius Network, a cryptocurrency lending company that faced financial distress, is poised to emerge from bankruptcy following a Delaware bankruptcy…
Read More » - Platform news
BlockFi Resurfaces from Bankruptcy, Restores Wallet Withdrawal Access
Crypto lending platform BlockFi has successfully emerged from bankruptcy and is now in a position to repay some of its…
Read More » - Global News
Potential $9 Billion Payout for FTX Customers Looms by Mid-2024
Bankrupt crypto exchanges FTX and FTX.US have reached a proposed settlement with creditors and debtors, paving the way for the…
Read More » - Global News
Former Alameda Research CEO Drops Bombshell: SBF Instructed Me to Appropriate Billions from FTX Customers
In a gripping courtroom drama, Caroline Ellison, former CEO of Alameda Research, took the witness stand today as a star…
Read More » - Companies
Celsius Creditors Overwhelmingly Approve Reorganization Plan
Creditors in the Celsius bankruptcy case have given their approval to a proposal that includes returning funds to them and…
Read More » - Crypto Exchanges
FTX Sues Ex-Employees of Hong Kong Affiliate for $157 Million Fraud
FTX, the bankrupt cryptocurrency exchange, has initiated a lawsuit against former employees of its Hong Kong affiliate, Salameda, aiming to…
Read More »
