bankruptcy

Terraform Labs Bankruptcy Plan Approved by Court

A U.S. judge approved Terraform Labs bankruptcy plan to wind down operations following its settlement with the SEC over investor…

2 months ago

Bankrupt Bitcoin Miner Rhodium Receives $30 Million Loan Funding Approval

Bitcoin miner Rhodium secured a financing plan from Galaxy Digital offering $30 million or 500 Bitcoin.

3 months ago

Genesis Distribution Plan Now Authorized by Court to Pay $3 Billion in Digital Assets and Cash

The court approved Genesis distribution plan to return $3 billion in assets to customers, overcoming objections from its parent company,…

6 months ago

BlockFi Wallet Withdrawal Window Will Close On December 31

BlockFi reminds users to submit BlockFi wallet withdrawal applications by December 31, 2023, to quickly receive cryptocurrency funds.

11 months ago

Genesis bankruptcy trustee objection delays process, complicates creditor recovery.

The Genesis bankruptcy trustee objection, filed by the US trustee, challenges the updated disclosure statement for failing to provide adequate…

1 year ago

FTX Bankruptcy Revelation: $7 Billion Crypto Treasure Trove Sparks Market Anticipation

In a recent court filing, it was revealed that the bankrupt cryptocurrency exchange FTX has amassed approximately $7 billion in…

1 year ago

Gemini Outrageously Opposes Genesis’ Chapter 11 Bankruptcy Plan

Gemini, along with two other creditor groups, has expressed opposition to the bankruptcy resolution proposal put forth by Genesis, a…

1 year ago

BlockFi Wants To Convert Client Crypto Into “Trade Only” Asset Amid Bankruptcy

Cryptocurrency lending firm BlockFi has taken a step forward in its ongoing bankruptcy proceedings by submitting a proposed court order…

1 year ago

FTX To Recovery With Innovative Strategies For Crypto Asset Management Amid Bankruptcy

Crypto exchange FTX, which filed for bankruptcy in November last year, is strategically moving towards stabilizing its financial turmoil. The…

1 year ago

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