Tag: creditors

0 21
Posted in Crypto Update

FTX plans full pay back all creditors ‘plus billions in compensation’

Under the plan, 98% of FTX creditors will get at least 118% of their claims back —…

0 31
Posted in Crypto Update

Hut 8 signs deal to develop new mining site to build equity with Celsius creditors

The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining…

0 19
Posted in Crypto Update

Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan

Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC)…

0 26
Posted in Crypto Update

IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX

A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful…

0 23
Posted in Crypto Update

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust…

0 21
Posted in Crypto Update

Zipmex proposes to pay creditors 3 cents per dollar

Embattled Thai crypto exchange Zipmex is offering its creditor 3.35 cents per dollar of initial claims with…

0 36
Posted in Crypto Update

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in…

0 19
Posted in Crypto Update

Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email

Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in…

0 28
Posted in Crypto Update

Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some…

0 35
Posted in Crypto Update

Celsius creditors vote in favor of reorganization plan

The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will…