Tag: bankruptcy

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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…

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Posted in Crypto Update

Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities

A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform…

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Posted in Crypto Update

FTX, Genesis reach in-principle agreement to settle bankruptcy case

Bankrupt crypto exchange FTX and crypto lender Genesis have reached an agreement in principle to resolve the…

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Posted in Crypto Update

Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and…