The crypto universe, being dynamic, always revolves around the risk of uncertainty. Similarly, the FTX bankruptcy filing case came as a surprise to many crypto
Tag: Bankruptcy
Celsius Network’s Bankruptcy Plans Approved
Defunct crypto lender Celsius Network has been cleared by the court to go ahead with its bankruptcy restructuring plans. Celsius Network to Activate Repayment Plan Precisely,
FTX Bankruptcy Advisers Provide Customer Data To FBI
In the latest development of FTX collapse and bankruptcy matter, advisers Alvarez & Marsal Holdings provided FTX clients and customer details and trading data to
Bittrex Gains Court Nod For Bankruptcy Plan, What’s Next?
In a significant development, Bittrex, a prominent cryptocurrency exchange, has secured court approval for its revised bankruptcy plan under Chapter 11, allowing it to effectively
BlockFi Emerges from Bankruptcy, Reveals Withdrawal Plans
Effective immediately, beleaguered cryptocurrency lending platform BlockFi which was forced to halt withdrawal when FTX collapsed, has announced its earlier than expected emergence from bankruptcy
FTX Bankruptcy Payout for Clients Expected by Mid-2024
FTX clients may get a substantial payout totaling $9.2 billion by mid-2024, as part of the ongoing bankruptcy proceedings involving the exchange. This follows a
Zac Prince Names Alameda, FTX as Key for BlockFi Bankruptcy
Taking the witness stand at Sam Bankman-Fried’s criminal trial, BlockFi’s former Chief Executive Officer (CEO) Zac Prince has pointed accusing fingers at FTX and its
FTX Seek Dubai’s Unit Bankruptcy Dismissal And Settlements Ahead FTX 2.0 Plan
Beleaguered crypto exchange FTX files a motion to dismiss Chapter 11 bankruptcy for its subsidiary in Dubai. The debtors also seek the court’s order to
FTX And Genesis Settle Disputes In Bankruptcy Cases, Good News for Gemini?
In the latest development, two bankrupt companies – crypto exchange FTX and crypto lender Genesis Global – have come together in resolving a dispute over
Bankruptcy Judge Approves $300M Payment to BlockFi Customers
Based on a May 11th ruling, BlockFi custody wallet users may receive up to $300 million as a refund. This ruling, according to a Coindesk