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Tag: Bankruptcy

FTX, BlockFi claims settlement allowed to proceed, judge declares

November 14, 2023 wp-bot Cointelegraph

A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX

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Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements 

November 14, 2023 wp-bot Bitcoin News

In a dramatic culmination to a turbulent period for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the daunting goal

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FTX files billion-dollar lawsuit against ByBit over asset withdrawals

November 12, 2023 wp-bot Cointelegraph

The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform.

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Hodlnaut heading for liquidation after failure of restructuring, sale efforts

November 10, 2023 wp-bot Cointelegraph

Recovery from the crypto winter is proceeding, but Hodlnaut seemingly won’t survive it. A sealed court order in Singapore appears to spell its doom.

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Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

November 9, 2023 wp-bot Cointelegraph

The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.

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Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner

November 1, 2023 wp-bot Bitcoin News

America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal

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Blockchain
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