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Tag: Bankruptcy

FTX Japan plans to resume withdrawals as early as February: Report

February 17, 2023 wp-bot Cointelegraph

FTX Japan Holdings, FTX Japan and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in

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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

February 17, 2023 wp-bot Bitcoin News

PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt

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Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

February 16, 2023 wp-bot Cointelegraph

The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors.

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Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11 

February 16, 2023 wp-bot Bitcoin News

Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to

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Celsius chooses NovaWulf’s bid to exit from bankruptcy

February 16, 2023 wp-bot Cointelegraph

A proposal by Celsius sees most creditors receive a one-time payment of crypto while those with a larger claim would receive equity in a new

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FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner

February 15, 2023 wp-bot Bitcoin News

The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision

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Blockchain
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