Exchanges
Bitvavo expected to receive at least 80% of DCG’s debt
The DCG owes Bitvavo 280 million Euros — which equates to over $300 million. The exchange expects to publish the settlement soon.
Zeynep Geylan 2 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Coverage footprint 2.5%
Top Bankruptcy Stories
Trading
DCG sells $22M worth of Grayscale shares to raise funds
DCG sold some of its Grayscale Ethereum shares at $8 per share — raising approximately $22 million, according to the Financial Times.
Bankruptcy
Gemini comes to agreement with Genesis as Cameron Winklevoss declares $100M contribution
Gemini co-founder Cameron Winklevoss confirmed Earn customers have taken a "critical step forward."
Latest Bankruptcy News & Analysis
Bankruptcy
FTX’s bankruptcy judge is undecided on appointing independent examiner
Judge John Dorsey wants the parties involved to reach an agreement on the matter.
Bankruptcy
Potential buyers looking to purchase Hodlnaut and its FTX claims
Around $14 million worth of assets, or 72% of the assets Hodlnaut deployed on centralized exchanges were on FTX.
Mining
Core Scientific offloads 27,000 mining rigs to NYDIG to cover $38M loan
Core Scientific said the transferred machines are "no longer necessary" for its "current operations and future business plans."
Bankruptcy
Bitfinex sends $8.5M in crypto to Alameda’s wallet in last 24 hours
Bitfinex made four transactions — which included $6 million USDT and 1545 Ethereum (roughly $2.52 million) — to the bankrupt firm's wallet.
Bankruptcy
Voyager creditor files Motion for Chapter 11 trustee
The creditor said the introduction of a Chapter 11 trustee is the most cost-efficient way to bring the case to an "equitable end."
Bankruptcy
FTX Group interim financial update contradicts court filing, shows exchange had $1.43B in cash
Roughly 40% of FTX Group employees have been cut since the end of 2022 as administrators continue to sift through bankruptcy aftermath.
