Digital Currency Group (DCG), the parent company of Genesis, has raised concerns about Genesis Capital’s bankruptcy plan, arguing that it violates the U.S. Bankruptcy Code. In...
After halting withdrawals and collapsing in 2022, Celsius, the cryptocurrency lending platform, successfully emerged from Chapter 11 bankruptcy and is actively working to return over $3...
Some FTX creditors argue for repayment in the cryptocurrencies they initially held, rather than receiving a fraction based on 2022 low prices. While some FTX customers...
Hut 8 Corp. a leading digital asset mining and high-performance computing infrastructure provider, has entered into an interim agreement to develop and install mining operations at...
SafeMoon, the memecoin that gained popularity in March 2021 for its mission to serve the “unbanked” population and provide decentralized financial services, has recently filed for...
Core Scientific released a webcast featuring CEO Adam Sullivan, detailing crucial aspects of their impending emergence from Chapter 11, scheduled for early January. The presentation, based...
Judge Martin Glenn stated that Celsius Network, a cryptocurrency lending platform, might need to secure another vote from creditors before shifting to a Bitcoin mining business,...
FTX has been granted permission to sell approximately $873 million worth of its trust assets in a Delaware bankruptcy court filing. The funds will be used...
FTX claims that Bybit’s affiliate, Mirana, misused its “VIP” status to withdraw funds amounting to $327 million prior to FTX’s temporary suspension. Bankruptcy advisors representing FTX...
FTX-linked addresses executed transfers of more than $10 million in crypto assets to Coinbase and Binance on October 25, according to on-chain data. The Arkham Intelligence...
The defunct crypto platform Celsius Network in a New York bankruptcy hearing unveiled plans to repay creditors whose funds are being held in the platform. This...
Celsius, a cryptocurrency lender that filed for bankruptcy in July, has raised objections to Galaxy Digital’s fee request for storing its digital assets. Celsius and Galaxy...
A co-founder of the bankrupt hedge fund, Three Arrows Capital (3AC) has been arrested in Singapore and sentenced. According to Teneo 3AC’s joint liquidator in...
The defunct crypto exchange Mt. Gox, which shut down almost 10 years ago, has postponed its repayment to a later date. The exchange announced moving the...
After an extensively debated legal issue between Genesis and its creditors, Digital Currency Group (DCG), owners of Genesis, has attained a preliminary agreement with Genesis creditors...
Prime Trust, a renowned financial firm that provides custody and settlement services for digital assets, has made a strategic move by filing for bankruptcy. This strategic...
In the ongoing FTX Trading Ltd. bankruptcy case, there has been a recent development. The United States Bankruptcy Court for the District of Delaware issued an order...
Bittrex Inc., a US-based digital asset exchange, has filed a Chapter 11 bankruptcy petition in a federal court in Delaware. Notably, Bittrex explained that this bankruptcy...
The Genesis crypto lending arm in November, 2022 halted withdrawals and now files for Chapter 11 bankruptcy with the United States Bankruptcy Court.
