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CRYPTOCURRENCY BANKRUPTCY
Law firm Fenwick agrees to pay $54 million in settlement over FTX workUS law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collaps...- Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-downGenesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery....
- Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-downGenesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery....
- Terraform Labs files for bankruptcy protection in USSingapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 ...
- Celsius Network wins court approval for shift to bitcoin miningUS bankruptcy judge Martin Glenn in Manhattan on Wednesday said the bankruptcy plan approved in November contained enough flexibility to al...
- Celsius Network pivots to bitcoin mining after bankruptcyCelsius declined to comment on Tuesday. The SEC did not immediately respond to a request for comment.
- Crypto lender Celsius Network cleared to exit bankruptcyUS Bankruptcy Judge Martin Glenn in Manhattan signed off on the restructuring in an order published on Thursday. The reorganized business w...
- Crypto lender Celsius Network cleared to exit bankruptcyNew Jersey-based Celsius filed for Chapter 11 protection in July 2022, one month after freezing customer accounts to prevent withdrawals. C...
- US regulators weigh penalising bankrupt crypto lender Voyager's ex-CEO Stephen Ehrlich: reportThe regulator intends to accuse Stephen Ehrlich of breaking its rules by misleading customers about the safety of their assets following a ...
- Bankrupt crypto lender Voyager Digital predicts 35% customer payoutCryptocurrency lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the com...
- Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
- FTX sues Voyager Digital to claw back $446 million in 2022 loan paymentsFTX and Voyager both filed for bankruptcy amid a 2022 collapse in cryptocurrency markets, but Voyager's bankruptcy preceded FTX's filing by...
- Crypto miner Core Scientific files for Chapter 11 bankruptcyThe Austin, Texas-based miner said it would not liquidate and would continue to operate normally, as it expects to enter into a restructuri...
- Crypto meltdown a boon for bankruptcy lawyersLarge law firms can rake in more than $100 million in legal fees during a long-running bankruptcy, experts said. "You've got to pay the gra...
- Nearly 5,000 new cryptocurrencies emerged in 2022 despite harsh winterDespite the crypto crash and major exchanges filing for bankruptcy, nearly 5,000 new cryptocurrencies emerged this year, a new report has s...
- Celsius Network's CEO Alex Mashinsky resigns, says will work with business to ensure creditors get best solutionCelsius Network's CEO, Alex Mashinsky, resigned months after the company filed for bankruptcy. The company's financial circumstances caused...
- Crypto exchange Gemini lays off more employees in second roundAccording to TechCrunch, Gemini has laid off 7%, or 68 employees, in the second round on Monday.
- Crypto hedge fund Three Arrows' liquidators get OK to claim US assetsUS Bankruptcy Judge Martin Glenn in Manhattan gave the liquidators authority to claim 3AC's US-based assets and issue subpoenas to its foun...
- Blockchain.com faces $270 million hit on loans to bankrupt Three Arrows - CoinDesk3AC has sought protection from creditors under the US Bankruptcy Code, which allows foreign debtors to shield US assets.
- Coinbase CEO Brian Armstrong says new disclosure does not mean firm faces bankruptcy riskBrian Armstrong made his comments after Coinbase said on Tuesday that, in the event of bankruptcy, crypto assets held by the exchange could...
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