Tag: restructuring

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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…

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Posted in Crypto Update

Meta dissolves responsible AI division amid restructuring

Social media giant, Meta has reportedly disbanded its Responsible AI division, the team dedicated to regulating the…

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Posted in Crypto Update

Hodlnaut heading for liquidation after failure of restructuring, sale efforts

Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management…

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Posted in Crypto Update

Patricia exchange CEO announces debt restructuring via convertible notes

Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a…

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Posted in Crypto Update

BAYC creator Yuga Labs completes restructuring to focus on metaverse

Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has…

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Posted in Crypto Update

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan…

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Posted in Crypto Update

Vauld gets permission for board restructuring from the court

Vauld, a Singapore-based crypto exchange, that has been ongoing bankruptcy proceedings since August 2022, has said that…

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Posted in Crypto Update

FTX debtors and UCC clash over asset control in restructuring

FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and…

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Posted in Crypto Update

FTX.com releases restructuring plan, hints at rebooted offshore exchange

FTX.com has outlined its intended re-organization plan that will categorize claimants of the bankrupt exchange into specific…