Bankruptcy
BlockFi files to dismiss SBF’s Emergent company bankruptcy case
BlockFi argued that Emergent Technology is ineligible for bankruptcy protection because it has no property in the U.S..
Christian Nwobodo 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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Top Bankruptcy Stories
Exchanges
FTX reportedly in talks to recoup $400M investment in Modulo Capital
Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.
Bankruptcy
FTX creditors issue subpoena to SBF, other FTX insiders
FTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more.
Latest Bankruptcy News & Analysis
Bankruptcy
Celsius prepares to reopen partial withdrawals for eligible users
Eligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.
Bankruptcy
Celsius former CEO wallet dumps $480k in CEL token selloff
A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
Exchanges
3AC co-founders launch marketplace to trade crypto claims
Open Exchange said there is "a $20 billion market of claimants" desperately searching for a marketplace to monetize their claims against bankrupt crypto firms.
Bankruptcy
Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate
Celsius creditors said the case must proceed toward a resolution as it has been around eight months since the firm paused withdrawals.
Bankruptcy
Genesis-backed Coin Cloud files for bankruptcy on its ATM network
The company is the latest cryptocurrency firm to collapse.
Legal
3AC liquidators files against Kyle Davies for ignoring Subpoena order
Davis failed to comply with the subpoena order despite maintaining an active presence on Twitter and attempting to raise $25 million for GTX.
