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Tag: Bankruptcy

BlockFi users to get back $297M from Wallet accounts: Report

May 11, 2023 wp-bot Cointelegraph

Return of funds does not apply to users of interest-bearing accounts, ruled U.S. Bankruptcy Judge Michael Kaplan.

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DCG settlement with Genesis still undecided as 30-day mediation period proceeds

May 10, 2023 wp-bot Cointelegraph

The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation.

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OKX just sent $60M in USDT, MASK token to Alameda Research

May 9, 2023 wp-bot Cointelegraph

The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange.

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Cryptocurrency Exchange Bittrex Files For Bankruptcy Amid SEC Probe

May 9, 2023 wp-bot News BTC

The popular crypto trading exchange Bittrex filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware. This move comes

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FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition

May 9, 2023 wp-bot Bitcoin News

Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition

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Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges

May 8, 2023 wp-bot Cointelegraph

The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in

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Blockchain
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