creditors
- 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…
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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…
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Voyager Bankruptcy Plan Gets Green Light, Initial Customer Recovery Set at 35.7%
According to a report from Reuters, the United States Bankruptcy Court for the Southern District of New York approved Voyager’s…
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Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
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Regulatory Environment Prompts Binance US to terminate $1 Billion Deal with Voyager Digital
Binance.US has announced through a tweet that it will not proceed with its plan to acquire $1 billion worth of…
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Judge Denies New FTX Investigation, Attorneys Accrue $25M in Fees with Over $2.1K per Hour
On Wednesday, a judge overseeing the bankruptcy case of FTX in the US dismissed a request by the Department of…
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Proposed Restructuring Plan to Ensure 80 Percent Recovery for Genesis Creditors
A creditor of Genesis has announced that the proposed restructuring plan between Genesis, Digital Currency Group, and creditors would result…
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FTX Uncovers $5.5 Billion in Assets Through “Herculean Effort”
The CEO of crypto exchange FTX, John Ray, announced that the company has successfully identified a total of $5.5 billion…
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Bankruptcy Filing: FTX Owes Over $3 Billion to Its 50 Largest Creditors
Bankrupt cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in…
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Crypto lender Voyager Digital is Cleared to Return $270 Million to Customers
The U.S. Bankruptcy Court in New York has given crypto firm Voyager Digital Holdings Inc the approval to return $270…
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