FTX’s Creditor Payment Ratio Surges Amid Bankruptcy Proceedings
In a significant turn of events, FTX, the cryptocurrency exchange that filed for bankruptcy at the end of 2022, is showing signs of financial recovery. The
bankruptcy (Latest Publications)
BlockFi Receives Court Green Light to Proceed with Customer Repayment Plan
The United States Bankruptcy Court in New Jersey has given its approval to BlockFi’s customer repayment plan, offering a glimmer of hope to investors looking to
Celsius Creditors Vote in Favor of Reorganization Plan
As per the recent development, a majority of Celsius creditors have voted in favor of a reorganization plan. The plan would see Bitcoin and Ethereum tokens,
Former Celsius Crypto Lender Executive Pleads Guilty, Cooperates in US Probe
Roni Cohen-Pavon, a former top executive at the defunct Celsius Network, has pleaded guilty to a series of charges related to fraud and market manipulation, Reuters
DCG Proposes Repayment Plan for Genesis Creditors
Digital Currency Group (DCG), the parent company of Genesis, the insolvent crypto lending firm, has put forward a comprehensive repayment plan for its creditors. The proposed
Celsius Network Files a Complaint Against EquitiesFirst
Celsius Network, the bankrupt cryptocurrency lender, has recently filed a complaint against EquitiesFirst Holdings in an effort to recoup its assets.
Silvergate Loses Top Executives Amid Liquidation and Legal Battles
Silvergate, once renowned for its cryptocurrency-friendly stance, is undergoing a tumultuous period, marked by the departure of its top executives. CEO Alan Lane, along with key
Prime Trust Crypto Custodian Files for Chapter 11 Amid Fund Shortfall
Las Vegas-based cryptocurrency custodian Prime Trust has taken the step to file for Chapter 11 bankruptcy protection, citing an inability to meet customer withdrawal requests. This
OPNX Exchange Bids to Take Over Troubled Crypto Lender Hodlnaut
The OPNX cryptocurrency exchange, spearheaded by the creators of the collapsed hedge fund Three Arrows Capital, has submitted a bid to acquire struggling crypto lender Hodlnaut.
BlockFi Inc.’s Chapter 11 Strategy Gains Conditional Court Nod
BlockFi Inc., the cryptocurrency lending platform that filed for Chapter 11 bankruptcy on November 28, 2022, has secured a conditional green light from the United States
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