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Tag: Bankruptcy

Bitcoin miner Core Scientific reportedly filing for Chapter 11 bankruptcy

December 21, 2022 wp-bot Cointelegraph

Core Scientific is reportedly filing for Chapter 11 bankruptcy protection in Texas due to falling revenue and BTC prices.

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Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

December 20, 2022 wp-bot Bitcoin News

The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the

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‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition

December 20, 2022 wp-bot Bitcoin News

FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed

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FTX warns it will claw back political donations and contributions

December 20, 2022 wp-bot Cointelegraph

The exchange has warned those who received payments from FTX or its former executives that it’s looking to recover funds, even if they were donated

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Sam Bankman-Fried seeks to reverse decision on contesting extradition: Report

December 17, 2022 wp-bot Cointelegraph

By consenting to extradition, Bankman-Fried would be able to appear in a United States court.

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FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations

December 16, 2022 wp-bot Cointelegraph

According to lawyers representing FTX’s provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”.

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Blockchain
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