Celsius exits bankruptcy, commences return of over $3B to creditors
Crypto lender Celsius’ exit from bankruptcy comes more than 18 months after it halted withdrawals, with creditors now…
Browsing Tag
Chapter 11
32 posts
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…
Genesis Reaches $1 Billion Settlement With Bankrupt Hedge Fund 3AC
In a recent development, bankrupt crypto lender Genesis has settled with defunct crypto hedge fund Three Arrows Capital…
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on…
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series…
Crypto Custodian Prime Trust Entangled In Financial Distress, Files Chapter 11 Protection
Prime Trust, a prominent name in the world of crypto custodial services, has taken the unexpected step of…
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months. Czytaj więcej We…
FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing…
Voyager 30-Day Withdrawal Period Becomes Breeding Ground For Scammers – Report
Fraudulent actors targeted Voyager Digital patrons as they briefly gained the opportunity to withdraw portions of their funds…
Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The…