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Tag: Bankruptcy

Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings

June 16, 2023 wp-bot Bitcoin News

Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from

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Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH

June 15, 2023 wp-bot Bitcoin News

Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to

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Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report

June 15, 2023 wp-bot Cointelegraph

Both regulatory bodies are inquiring into the activities of Goldman Sachs during its unsuccessful capital raise preceding the downfall of Silicon Valley Bank.

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Celsius seeks to convert alts to Bitcoin and Ether under reorganization plan

June 15, 2023 wp-bot Cointelegraph

The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its

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Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection

June 14, 2023 wp-bot Bitcoin News

Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy

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Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition 

June 9, 2023 wp-bot Bitcoin News

In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto

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