Creditors

bankrupt cryptocurrency exchange, FTX he have unveil A new payment plan aimed at Payment of creditors And clients are offering billions in compensation for the time value of their investments. FTX fully compensates…

Country Garden Holdings Co.’s debt crisis is entering a new chapter, after a Hong Kong court received a creditor’s petition to liquidate the Chinese developer, a move that adds pressure on the defaulter to quicken its restructuring efforts.…

A group of creditors of the bankrupt crypto exchange FTX filed an adversary lawsuit in response to the proposed payout plans, seeking to establish that deposits are their property rather than FTX’s.  The proposed plan of the…

After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successfully concluded the distribution of assets exceeding $3 billion to its creditors. The…

Celsius Network, a crypto lender that went bankrupt in July 2022, will distribute over $3 billion of cryptocurrency and fiat to its creditors as the company emerges from bankruptcy. The plan also includes creating a Bitcoin mining company,…

Celsius, the platform whose bankruptcy plan was finally approved late last year, has recently lashed out at former clients who cashed out before the company had the opportunity to freeze their funds. Bold Propositions The…

Nine years after the infamous Mt. Gox collapse, creditors are finally receiving their first partial repayments in Japanese Yen. While the process is still in its early stages, the news signals a positive step forward for those who…

The extended wait for repayment has been a source of frustration for Mt. Gox creditors, and the delay has led to speculation about its potential impact on the crypto market. After a decade of uncertainty and numerous delays, creditors of…

After a wait of ten long years, the creditors of the now-defunct crypto exchange Mt. Gox are receiving compensation. Several Mt. Gox creditors have taken to social media to confirm receiving payments for their blocked Bitcoin deposits in…

The deal with Hut 8 comes after Celsius recently obtained approval from the bankruptcy court to transition into a Bitcoin mining entity that creditors will solely operate.  Bitcoin (BTC) mining company Hut 8 has entered into an interim…