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.

1 day ago

Bankruptcy

OPNX explains why Celsius was prioritized over FTX, others for bankruptcy tokenization

OPNX opted to launch bankruptcy tokenization with Celsius claims first because the company's information was easily accessible.

3 years ago

Bankruptcy

Unbanked shuts down crypto services, says US regulations prevented fundraising

The card and trading service has urged users to withdraw all balances.

3 years ago

Bankruptcy

DCG shutters TradeBlock institutional trading platform

One of DCG's institutional services is closing by the end of May due to a tough crypto market and regulatory landscape.

3 years ago

Bankruptcy

Fahrenheit wins auction for Celsius’ assets

If approved, the bankrupt crypto lender's assets will be sold off to form a new company.

3 years ago

Bankruptcy

OPNX opening its bankruptcy claims product for Celsius users soon

OPNX's bankruptcy tokenization will be offered to Celsius users after May 29 - enabling creditors to unlock frozen funds.

3 years ago

Bankruptcy

FTX token jumps 12% after news of possible restart emerges

FTX CEO John Ray spent roughly seven hours on activities related to the exchange restart in April, for which he billed over $8,000.

3 years ago

Bankruptcy

Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment

Gemini said it was ready to work with Genesis to advance a restructuring plan without DCG's participation.

3 years ago

Bankruptcy

FTX sues SBF, others over ‘worthless’ fintech company acquisition

FTX liquidators said no investor was willing to pay more than $1 million for the company less than four months after SBF acquired it.

3 years ago

First Voyager payouts should begin by June 1, creditors’ committee says

Bankruptcy 3 years ago

Celsius could sell assets to top bidder Fahrenheit as auction concludes

Bankruptcy 3 years ago

Celsius withdraws over $800M stETH staked on Lido Finance following upgrade

Bankruptcy 3 years ago

Bankrupt lender BlockFi to liquidate lending platform

Bankruptcy 3 years ago

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Bankruptcy News

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

OPNX explains why Celsius was prioritized over FTX, others for bankruptcy tokenization

Unbanked shuts down crypto services, says US regulations prevented fundraising

DCG shutters TradeBlock institutional trading platform

Fahrenheit wins auction for Celsius’ assets

OPNX opening its bankruptcy claims product for Celsius users soon

FTX token jumps 12% after news of possible restart emerges

Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment

FTX sues SBF, others over ‘worthless’ fintech company acquisition

First Voyager payouts should begin by June 1, creditors’ committee says

Celsius could sell assets to top bidder Fahrenheit as auction concludes

Celsius withdraws over $800M stETH staked on Lido Finance following upgrade

Bankrupt lender BlockFi to liquidate lending platform