Bankruptcy
- Global News
SVB Financial Group Nears Deal to Sell SVB Capital Amidst Competitive Bidding
SVB Financial Group, formerly the parent company of Silicon Valley Bank, is edging closer to a potential deal involving the…
Read More » - Policies & Regulations
FTX Granted Green Light to Liquidate $3.4 Billion in Crypto Assets by Bankruptcy Judge
In a significant development, the collapsed digital asset exchange FTX has received approval from Judge John Dorsey, who oversees its…
Read More » - Crypto Exchanges
Robinhood Emerges as Fifth-Largest Holder of ETH, Agrees to Repurchase $605.7M Worth of Bankman-Fried’s Stake
Robinhood, the widely used trading platform, has reached an agreement with the United States Marshal Service (USMS) to repurchase $605.7…
Read More » - Companies
What is the Sequence of Errors Behind Prime Trust’s Bankruptcy Declaration?
In a submission to the U.S. Bankruptcy Court in Delaware last Thursday, Prime Trust’s CEO Jor Law detailed how the…
Read More » - Companies
Parent Company of Prime Trust Reports $8 Million Loss from TerraUSD Investments
The parent company of crypto custodian Prime Trust, which is currently undergoing Chapter 11 bankruptcy proceedings, has disclosed a loss…
Read More » - Companies
Crypto Custodian Prime Trust Files for Chapter 11 Bankruptcy
Prime Trust, a cryptocurrency custodian based in Las Vegas, has taken the step of filing for Chapter 11 bankruptcy protection.…
Read More » - Crypto Exchanges
Bittrex Agrees to $24 Million Settlement with SEC
Bittrex, the cryptocurrency exchange, has agreed to pay a sum of $24 million in order to resolve allegations put forth…
Read More » - Crypto Exchanges
Crypto Exchange FTX and Genesis Agree on Preliminary Settlement in Bankruptcy Case
FTX, a crypto exchange facing bankruptcy, and Genesis, a crypto lending company also undergoing bankruptcy, have come to a tentative…
Read More » - Global News
Prime Trust Subsidiary Banq Inc Faces Shocking Bankruptcy Amidst $17.5 Million Unauthorized Asset Transfers
The insolvency of a subsidiary of Prime Trust serves as further evidence that the cryptocurrency market’s prolonged downturn is far…
Read More » - Global News
Voyager App Set to Reopen for Customer Withdrawals, Marking a Year since Bankruptcy Filing
After nearly a year since filing for Chapter 11 bankruptcy, cryptocurrency brokerage Voyager Digital is gearing up to relaunch its…
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