Gemini Trust Co., a crypto exchange, reportedly withdrew $282 million from Genesis Global Holdco LLC months before Genesis filed for bankruptcy. Genesis and Gemini used …
Genesis went bankrupt months after Gemini reportedly withdrew $282M in crypto Read More »
According to data gathered by Matrixport, a crypto services provider that is tracking the market, the expected payout for creditor claims against FTX has surged …
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B Read More »
Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation advisor Stout Risius Ross, LLC, confirmed the accuracy of the fair value of certain …
Celsius valuation advisor approves value of debtors’ assets and liabilities Read More »
Judge Michael Kaplan plans to approve BlockFi’s liquidation plan. Therein, some clients will receive partial compensation in Bitcoin (BTC) or Ethereum (ETH). Depending on the …
US court plans to approve BlockFi’s liquidation plan Read More »
BlockFi determined earlier this year that liquidation was the best choice for compensating customers after extensive consideration. Bankrupt crypto lender BlockFi has secured bankruptcy court …
BlockFi Receives Court Approval to Repay Customers through Liquidation Plan Read More »
The overwhelming vote marks another step towards the end of Celsius’ bankruptcy and the return of funds to customers. Celsius filed for bankruptcy in July …
Celsius’ Bankruptcy Nears End as Creditors Approve Reorganization Plan Read More »
The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan based in part on the regulator’s own ongoing …
SEC raises concerns over Coinbase in objection to Celsius restructuring plan Read More »
Distressed debt investors are reportedly gobbling up hundreds of millions of dollars worth of bankrupt crypto exchange FTX’s claims. According to a new Bloomberg report, …
The defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of Hong Kong-incorporated company Salamde affiliated with the FTX group, according …
FTX opens lawsuit against former employees of Hong Kong affiliate Read More »
The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to …
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report Read More »
