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Tag: Bankruptcy

BlockFi’s Chapter 11 plan progresses with conditional court approval

August 3, 2023 wp-bot Cointelegraph

Once the bankruptcy plan receives approval, the lender said it intends to concentrate its efforts on recovering funds from several other defunct firms.

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3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship

August 1, 2023 wp-bot Cointelegraph

As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent

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Voyager customers targeted by scammers during 30-day withdrawal period: Report

August 1, 2023 wp-bot Cointelegraph

Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets.

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FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust

August 1, 2023 wp-bot Bitcoin News

In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan

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FTX.com releases restructuring plan, hints at rebooted offshore exchange

August 1, 2023 wp-bot Cointelegraph

Reams of dockets from FTX.com have been filed alongside a proposed reorganization plan which could see FTX resurrected as an offshore exchange.

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Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 

July 28, 2023 wp-bot Bitcoin News

The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement,

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Blockchain
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