Do Kwon’s Terraform Labs files for Chapter 11 bankruptcy protection
The firm claims to have between $100 million and $500 million in both estimated assets and liabilities. Czytaj…
Browsing Tag
bankruptcy protection
14 posts
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned…
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of…
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American…
US Government Presses for Independent Examiner in FTX Bankruptcy Case
Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for…
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued…
Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy
A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly…
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to…
B. Riley Financial Offers Credit Facility to Core Scientific to Avoid Bankruptcy
B. Riley offered $72 million in credit to Core Scientific in restructuring its debt. The firm sees its…
US Court Approves Proof-of-Claim Deadline For Celsius Network Victims
Proof of claim must be submitted by the customers of the defunct crypto lender no later than January…