Bankruptcy
Bankrupt FTX wants to sell $175 million claim against Genesis to aid creditor repayment
Genesis claims are trading for around 65 cents on the dollar as of January ending.
Oluwapelumi Adejumo 2 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
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FTX abandons resurrection plans in favor of liquidation to fully repay customers affected by collapse
The decision was announced by FTX's attorney, Andy Dietderich, during its latest bankruptcy court hearing on Jan. 31.
Bankruptcy
Terraform Labs filed for bankruptcy to protect against potential SEC money judgment
Terraform Labs CEO explained that the firm's current focus is not profit generation.
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AI
Fetch.ai claims ‘business as usual’ amidst opposing reports of insolvency
The company has seemingly completed a restructuring and sale of its business.
Bankruptcy
Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans
The embattled firm creditors are eagerly anticipating the repayment of their stuck assets on the platform.
Bankruptcy
New FTX probe should be limited in cost and duration: bankruptcy judge
Judge John Dorsey said that the examination should take 45 days or less.
Bankruptcy
Terra tokens fall following Terraform Labs Chapter 11 bankruptcy filing
The value of several Terra-related tokens nosedived following the bankruptcy filing.
Mining
Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
The Bitcoin mining company expects to pay its debt in full.
Bankruptcy
Bankrupt FTX’s token valuation rebounds to over $1 billion as customers contest bankruptcy plan
Several customers of the failed exchange have objected to FTX's plan to dollarize their digital asset's claims.
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Bankrupt FTX seeks to sell luxury Bahamian properties amid bankruptcy proceedings
Bankruptcy
Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests
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Celsius to unstake $470M Ethereum amid restructuring efforts, raising market concerns
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