creditors
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Genesis Global: Creditors Seek Mediation Amid Bankruptcy Proceedings
According to court documents, creditors of the bankrupt cryptocurrency lending platform Genesis Global have requested the court to appoint a mediator for the ba
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Evaluating Options for Restarting or Selling FTX: An Overview
On April 19th, the official committee of unsecured creditors of FTX announced that it is working with debtors to evaluate all options for restarting or selling FTX and creating val
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Revitalizing FTX: Tribe Capital Proposes a $250 Million Plan in 2023
According to reports, Tribe Capital reported that in January 2023, its co founder Arjun Seti met with FTX\’s unsecured creditor committee to discuss a proposal t
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Restructuring of Babel Finance Group Underway Following Bankruptcy Protection Grant
On April 18th, it was announced that the former founder of Babel Finance and the founder of Distributed Stable Coin, Hope for Flexibility, released a public letter stating that the
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NovaWulf: Plans To Take Over All Assets of Bankrupt Celsius Network
According to reports, NovaWulf, a digital asset investment company, plans to take over all assets of the bankrupt cryptolending platform Celsius Network and tra
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Xclaim Raises $7 Million in Round A Financing for Bankruptcy Claims Trading Platform
According to reports, Xclaim, a bankruptcy claims trading platform, has completed a round A financing of $7 million. Xclaim allows for the trading of major bank
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The Latest Update on the Chapter 11 Restructuring of Celsius Network
According to reports, the bankrupt cryptocurrency lender, Celsius Network, announced that it will advance its Chapter 11 restructuring plan and provide a disclo
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Mt. Gox Creditors Can Now Provide Repayment Information: A Guide
According to reports, the window for Mt. Gox creditors to provide their repayment information has been opened. The trustee of Mt. Gox stated that despite this,
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The Legal Battle That Could Cost Voyager and Its Creditors $100 Million
According to reports, according to legal documents submitted on Monday, if the legal objections raised by the US government cannot be resolved before April 13th
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CoinFLEX to Distribute RVUSD, USDT, and USDC Assets to Creditors
On April 1st, according to the latest announcement, CoinFLEX will start distributing relevant assets to creditors according to the approved restructuring terms
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FTX Notification Alert: What does it mean for Creditors?
According to reports, FTX Notification sent an email to some creditors, including customer codes and claimed assets, emphasizing that the court has not set a de
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Protection period for creditors of Vauld extended to April 28
It is reported that the protection period for creditors of Vauld, a cryptocurrency lending platform, has been extended again to April 28.
Vauld received another -
Genesis Bankruptcy: Seeking Relief from Insurmountable Debt
According to reports, according to bankruptcy court documents, the bankruptcy lending platform Genesis has requested creditors to explain how much the company o
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FTX Applies for Six-Month Extension in Submitting Reorganization Plan
It is reported that FTX, the cryptocurrency exchange, applied to the US judge, hoping to give another six months to submit the reorganization plan in Chapter 11
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Bank of England to Include SVB UK in Bankruptcy Proceedings
It is reported that the Bank of England intends to apply to the court to include the British subsidiary of Silicon Valley Bank (SVB UK) in the bank bankruptcy p
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Mt.Gox Creditors May Finally Receive Repayment in March
It is reported that PeckShield statistics show that Mt.Gox creditors may receive repayment from March 10. It is not clear how much Bitcoin will be distributed …
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Mt. Gox creditors to receive first cryptocurrency payment this month
It is reported that according to a statement in January, with the arrival of the repayment window, the creditors of Mt. Gox may begin to see their first paymen…
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BlockFi vs Creditors: A Clash Over Digital Asset Return Proposal
It is reported that according to the order of Michael Kaplan, the US bankruptcy judge, BlockFi\’s proposal to return the digital assets in the customer\’s wallet…
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Settlement Agreement Reached in the Dispute between Voyager and FTX/Alameda
On February 23rd, The Voyager Unsecured Creditors Committee (UCC) said on Twitter: \”UCC has reached a settlement agreement with Voyager and FTX/Alameda to effe…
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Mt. Gox Creditors Choose to Collect Claims in Bitcoin
According to reports, according to people familiar with the matter, the two largest creditors of Mt. Gox, a crypto exchange that collapsed nine years ago due t…