Tag: bankruptcy

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Posted in Crypto Update

FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy

Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21…

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Posted in Crypto Update

Judge denies stakeholders request for representation in Celsius bankruptcy case

Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network…

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Posted in Crypto Update

What is Chapter 11 bankruptcy? Understand the basics

In the complex world of finance and business, bankruptcy serves as a crucial mechanism that allows struggling…

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Posted in Crypto Update

Prime Trust bankruptcy spotted by crypto community months ahead

The crypto custodian Prime Trust filed for Chapter 11 bankruptcy in the state of Delaware on Aug….

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Posted in Crypto Update

Crypto custodian Prime Trust files for Chapter 11 bankruptcy

Crypto custodian Prime Trust has filed for Chapter 11 Bankruptcy in Delaware after it faced a shortfall…

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Posted in Crypto Update

Bitmain, Anchorage Digital eye equity stake in Core Scientific comeback from bankruptcy

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn…

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Posted in Crypto Update

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific…

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Posted in Crypto Update

FTX files motion to exclude its Dubai unit from bankruptcy proceedings

Bankrupt crypto exchange FTX has filed a motion in court to remove its Dubai unit from ongoing restructuring proceedings…

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Posted in Crypto Update

FTX creditors unimpressed with exchange’s bankruptcy exit plan

A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan…

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Posted in Crypto Update

3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to…