
Gopax investors could face $471M loss if Binance acquisition fails
Binance is in the process of acquiring Gopax, however, the South Korean exchange has about $471 million of customers' fund locked in Genesis.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.

Alameda Research claims the debtors' plan is unconfirmable and falls short of disclosure requirements.

DCG is shutting down HQ Digital after less than a year of operation.

Kyle Davis is expected to provide all documents detailing 3AC's accounts, wallet addresses, and private keys.

According to the lawsuit, Mashinsky must pay damages, restitution, and disgorgement, as well as be barred from doing business in New York.

Silvergate Capital faced a $8.1 billion bank run and was forced to sell assets at a loss, resulting in a $718 million loss.

The regulator has filed a limited objection to the sale of auctioned assets.