Creditors

Celsius Network, a bankrupt crypto lender, has completed payments to two-thirds of its creditors despite challenges in the distribution process. In its first report, the entity responsible for the plan explained the status of the…

FTX ruling issued. US District Judge Peter Castel agreed to $12.7 billion deal This requires the failed FTX exchange and its sister trading company, Alameda Research, to pay off their debts. On August 7, 2024, a ruling was issued…

Kraken began distributing the bitcoin it received from Mt. Gox custodian on July 16. Creditors of defunct Bitcoin (BTC) exchange Mt. Gox reported seeing cryptocurrency balances on the Kraken platform, as affected users felt a sense of…

By Dietrich Knuth NEW YORK (Reuters) - Creditors of Purdue Pharma Inc on Monday sought permission from a U.S. bankruptcy court to sue the company's wealthy owners, arguing that litigation could serve as a negotiating tool and fallback…

A group of creditors of the now-collapsed FTX have moved to court, objecting to the cryptocurrency exchange's bankruptcy reorganization plan, which would pay unsecured creditors the full amount of their claims, if not more.Formal…

Creditors of bankrupt cryptocurrency exchange FTX have filed an objection to the platform's proposed reorganization plan, citing its failure to meet certain requirements of the bankruptcy code. according to tweet By…

US Bankruptcy Judge Sean Lin approved Genesis Global's Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return nearly $3 billion in cash and cryptocurrencies to its creditors. This…

Genesis Global, the digital asset lender that went bankrupt last year, has won court approval to pay billions in cash and cryptocurrencies to creditors. according to BloombergOn May 17, Southern District of New York Judge Shawn Lin…

Bankrupt cryptocurrency bank Genesis Global Capital has won court approval for its plan to distribute billions of dollars in digital assets and cash to creditors, overcoming a legal ruling. challenge It was introduced by the company's…

Collapsed cryptocurrency exchange FTX has been looking behind the couch for change and has, perhaps miraculously, found the funds to pay its creditors. But will they accept the deal? Is this fair?Once a towering giant in the…