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Stay informed about the latest trends in bankruptcy within the cryptocurrency industry and its implications for investors and projects.
Stay informed about the latest trends in bankruptcy within the cryptocurrency industry and its implications for investors and projects.
Celsius has successfully exited bankruptcy and begun repayments. FTX has given up on plans to restart the exchange, but “cautiously predicted” full repayment for users. Mt.Gox creditors report first bank transactions.
Mt.Gox creditors have received e-mails confirming upcoming payments, Celsius has moved funds, but ex-FTX customers have objected to the repayment plan.
Three people have been charged with stealing $400 million from crypto exchange FTX on the day the company filed for bankruptcy.
Eva Senzaj PauramThree people have been charged with stealing $400 million from crypto exchange FTX on the day the company filed for bankruptcy.
Eva Senzaj PauramCelsius has successfully exited bankruptcy and begun repayments. FTX has given up on plans to restart the exchange, but “cautiously predicted” full repayment for users. Mt.Gox creditors report first bank transactions.
Sasha MarkevichMt.Gox creditors have received e-mails confirming upcoming payments, Celsius has moved funds, but ex-FTX customers have objected to the repayment plan.
Sasha MarkevichThe company behind terraUSD has filed for Chapter 11 bankruptcy protection in a Delaware court.
Eva Senzaj PauramClients who withdrew over $100,000 in the 90 days prior to bankruptcy must pay back the creditor 27.5% of this amount to receive distribution payments under the settlement plan.
Sasha MarkevichReportedly, some creditors have received yen payments through PayPal, marking the first funds received after almost 10 years of waiting. However, even this has been tarnished by accidental duplicate payments to some users.
Sasha MarkevichA court in the British Virgin Islands has reportedly issued a global freezing order of assets belonging to Su Zhu and Kyle Davies.
Sasha MarkevichThe DeFi protocol filed for Chapter 7 bankruptcy following the arrest of its executives last month and an SEC lawsuit.
Sasha Markevich