Dutch prosecutors sold the seized cryptocurrencies from Knaken, a Dutch platform declared bankrupt on July 16 by a Rotterdam court, and raised $2.5 million (€2.2 million) to distribute among creditors.
TL;DR: ZeroStack warned that substantial doubts exist about its ability to continue operating, reversing its position from three months ago. The company recorded a fair value
MVMT Labs, the development firm behind the Layer 2 Movement network, has voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the
TL;DR A Rotterdam court declared Dutch crypto platform Knaken bankrupt after confirming a €7 million shortfall in client funds. The Public Prosecution Service filed the bankruptcy
TL;DR: TapTools, an analytics and infrastructure platform for Cardano, announced it will cease operations within the next two weeks following the departure of two co-founders. Charles
TL;DR: Syndicate Labs announced the cessation of its operations after five years, citing the contraction of the Ethereum rollups market. The company raised $20 million in
TL;DR: BlockFills filed a Chapter 11 petition in Delaware with liabilities of up to $500M and assets between $50M and $100M. The firm suspended withdrawals in
TL;DR Claims Portal Launched: Terraform Labs opens a Crypto Loss Claims Portal on March 31, 2025, for creditors impacted by the TerraUSD collapse. Submission Deadline &
TL;DR Terraform Labs Shutdown: Terraform Labs, the company behind Terra (LUNA) and TerraUSD (UST), has received court approval to wind down operations after a $40 billion
TL;DR Celsius has repaid $2.53 billion to 251,000 creditors, covering 84% of the $3 billion owed, but 121,000 creditors remain unpaid, many of whom are owed
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