bankruptcy

Signature Bank Has To Close Due To Fear Of The Fall Of Silicon Valley BanksSignature Bank Has To Close Due To Fear Of The Fall Of Silicon Valley Banks

Signature Bank Has To Close Due To Fear Of The Fall Of Silicon Valley Banks

Following the failure of California's Silicon Valley Bank, federal officials announced on Sunday that New York's Signature Bank had been…

2 years ago
First Republic Bank Is Said To Be On The Verge Of BankruptcyFirst Republic Bank Is Said To Be On The Verge Of Bankruptcy

First Republic Bank Is Said To Be On The Verge Of Bankruptcy

The employees of First Republic Bank are preparing themselves for the worst as the bank is on the verge of…

2 years ago
Breaking: Silvergate Bank Closes, Voluntary Liquidation Of AssetsBreaking: Silvergate Bank Closes, Voluntary Liquidation Of Assets

Breaking: Silvergate Bank Closes, Voluntary Liquidation Of Assets

Silvergate Bank's said it would "voluntarily liquidate" the bank's assets depositors and scale down operations.

2 years ago
Expose: Silvergate Capital Corp. Bad Debts Are Its Deposits, Not AssetsExpose: Silvergate Capital Corp. Bad Debts Are Its Deposits, Not Assets

Expose: Silvergate Capital Corp. Bad Debts Are Its Deposits, Not Assets

Key Points: If Silvergate Capital Corp. fails, it may be the first bank to die because of bad debts rather…

2 years ago
97% of Voyager Customers Approve Restructuring Plan with Binance US97% of Voyager Customers Approve Restructuring Plan with Binance US

97% of Voyager Customers Approve Restructuring Plan with Binance US

Key Points: 97% of customers, representing 98% of all complaints by bankrupt crypto company Voyager, voted in favor of a…

2 years ago
BlockFi Creditors Can Now File Proof Of Claims, Deadline April 1BlockFi Creditors Can Now File Proof Of Claims, Deadline April 1

BlockFi Creditors Can Now File Proof Of Claims, Deadline April 1

Key Points: BlockFi has set up a portal website to file claims, and creditors can submit proof of claims until…

2 years ago
SBF’s Emergent Fidelity Technologies Is The Latest Company To Declare BankruptcySBF’s Emergent Fidelity Technologies Is The Latest Company To Declare Bankruptcy

SBF’s Emergent Fidelity Technologies Is The Latest Company To Declare Bankruptcy

Key Points: Emergent Fidelity Technologies is the latest Sam Bankman-Fried Subsidiary (SBF) to declare Chapter 11 bankruptcy. It is also…

2 years ago
Genesis Has Stated Their Intention To Emerge From Bankruptcy By May 19Genesis Has Stated Their Intention To Emerge From Bankruptcy By May 19

Genesis Has Stated Their Intention To Emerge From Bankruptcy By May 19

Key Points: According to bankruptcy court records, Genesis, which has the support of Barry Silbert's Digital Currency Group, plans to…

2 years ago
DCG Owes More Than $1.65 Billion To Its Subsidiary Genesis GlobalDCG Owes More Than $1.65 Billion To Its Subsidiary Genesis Global

DCG Owes More Than $1.65 Billion To Its Subsidiary Genesis Global

Key Points: DCG owes Genesis $575 million in a loan due in May of this year, as well as a…

2 years ago