Bankruptcy News

Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.

Stories 648 in this category

Coverage footprint 2.6% of all CryptoSlate stories

Floodwaters crashing through industrial gates marked with a Bitcoin symbol, illustrating a major liquidity test as $2.2 billion hits the market amid geopolitical pressure

Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure

FTX’s fourth creditor distribution will inject roughly $2.2 billion into the market at a moment when Bitcoin is already trading under pressure from a deteriorating macro backdrop.

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Another creditor group claims Genesis is buying FTX's support through the settlement.

US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

The data center operator said it could manage up to 310,000 Bitcoin miners from Celsius and other clients.

Bankrupt BlockFi proposes client asset conversion into stablecoins for trade-only wallets

Bankrupt BlockFi proposes client asset conversion into stablecoins for trade-only wallets

Trade-only withdrawal worries overcome as BlockFi seeks to convert assets to stablecoins in bankruptcy proceedings.

Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis bankruptcy reorganization plan agrees to $1.4B DCG finance for creditor recovery.

Cybersecurity breach at Kroll leaks FTX, BlockFi bankruptcy claimants’ data

Cybersecurity breach at Kroll leaks FTX, BlockFi bankruptcy claimants’ data

FTX warned its community to be wary of bad actors who might try to capitalize on the incident.

Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss

Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss

The company revealed the numbers in a new bankruptcy filing.

FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC

FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC

Proposed engagement with Galaxy bolsters FTX's restructuring endeavors by monetizing crypto assets.

Celsius set to vote on asset sale plan after court approves disclosures

Celsius set to vote on asset sale plan after court approves disclosures

Creditors will receive voting ballots starting Aug. 24, with the final voting date set for Sept. 22 — giving them a little under one month to cast a vote in favor or against the plan.

Federal Reserve shuts down Farmington Bank over unapproved stablecoin project

Bankruptcy 3 years ago

Alameda Research, Genesis Global resolve $3.88B claim dispute with $175M agreement

Bankruptcy 3 years ago

Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy

Bankruptcy 3 years ago

Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program

Legal 3 years ago