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

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.

3 years ago

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."

3 years ago

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.

3 years ago

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.

3 years ago

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."

3 years ago

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.

3 years ago

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."

3 years ago

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.

3 years ago

Celsius publishes eligible users’ list for withdrawals

Bankruptcy 3 years ago

Tether denies borrowing from bankrupt Celsius

Bankruptcy 3 years ago

Silvergate’s ties to FTX face renewed scrutiny from senators

Bankruptcy 3 years ago

Court-appointed examiner confirms Celsius operated as a Ponzi

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

DCG sells $22M worth of Grayscale shares to raise funds

Gemini comes to agreement with Genesis as Cameron Winklevoss declares $100M contribution

FTX’s bankruptcy judge is undecided on appointing independent examiner

Potential buyers looking to purchase Hodlnaut and its FTX claims

Core Scientific offloads 27,000 mining rigs to NYDIG to cover $38M loan

Bitfinex sends $8.5M in crypto to Alameda’s wallet in last 24 hours

Voyager creditor files Motion for Chapter 11 trustee

FTX Group interim financial update contradicts court filing, shows exchange had $1.43B in cash

Celsius publishes eligible users’ list for withdrawals

Tether denies borrowing from bankrupt Celsius

Silvergate’s ties to FTX face renewed scrutiny from senators

Court-appointed examiner confirms Celsius operated as a Ponzi