Bankrupt

In a recent filing on December 27, bankrupt cryptocurrency exchange FTX unveiled its repayment plan, triggering customer outrage and discontent. The plan, which values customers’ digital assets at the time of FTX’s collapse, offers…

It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after…

BlockFi, the cryptocurrency lending firm that declared bankruptcy in November last year, has secured the bankruptcy court’s approval to permit its users to withdraw their digital assets. Earlier today (Thursday), BlockFi opened the…

FTX’s sister trading firm, Alameda Research, will be allowed a general unsecured claim of $175 million against Genesis. The disgraced crypto exchange led by Sam Bankman-Fried previously sought to claw back $4 billion from…

New York-based law firm McDermott Will & Emery has filed for $5.1 million in damages from the creditors of bankrupt crypto brokerage Voyager Digital. The invoice for legal services provided between March 1 and May 13, 2023.In court…

Altcoin holders who owe money in Celsius will be able to convert their altcoins into Bitcoin and Ether starting July 1, according to a recent New York court ruling. Celsius, the company that declared Chapter 11…

Old cryptocurrency wallet linked to Prime Trust blocked, team unable to access assets worth about $45m, Arkham Intelligence data On June 28 appears. According to the report, most of the assets consist of…

Bankrupt digital asset exchange FTX has begun preliminary discussions with potential investors as part of efforts to relaunch the cryptocurrency trading platform, Wall Street Journal Reported on Wednesday, citing John J. Ray III, the new…

3AC Ventures, the new partner of the Open Exchange (OPNX) ecosystem announced on June 21, marks a pivotal step towards a decentralized future in the field of trading claims against bankrupt crypto entities. By investing in projects that…

Bankrupt lending platform Celsius Network LLC has announced that it has selected a bid from Fahrenheit as the winning bid to bring the company out of bankruptcy, according to a report by Reuters.Celsius, which filed for Chapter 11…