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.

Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement

Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement

The CFTC settlement with the bankrupt firm prioritizes creditor's repayment.

Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others

Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others

The defunct firm created a $70 million fund to pursue legal actions against its parent company, Digital Currency Group, and others.

silvergate crypto

Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation

The action, effective since May 2023, required the bank to liquidate and wind down its operations in a manner that protected its depositors.

Mt. Gox moves $2.47 billion in Bitcoin as repayments to creditors accelerate

Mt. Gox moves $2.47 billion in Bitcoin as repayments to creditors accelerate

Kraken said it has completed Mt Gox creditors Bitcoin and Bitcoin Cash repayments.

Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham

Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham

The firm transferred a total of $2.85 billion in BTC to new wallets amid creditor repayments.

FTX proposes $12.7 billion settlement deal with CFTC

FTX proposes $12.7 billion settlement deal with CFTC

FTX's other bankruptcy payments will act as credits toward each amount.

Kraken confirms receipt of Mt. Gox Bitcoin, creditors to receive as early as next week

Kraken confirms receipt of Mt. Gox Bitcoin, creditors to receive as early as next week

Mt. Gox moves $5.8 billion in Bitcoin in several transactions today.

ftx creditors

FTX estate disputes Jump Trading’s $264 million claim over unmaterialized Alameda loan

The dispute centers around a loan agreement between Alameda Research and Jump Trading's subsidiary, Tai Mo Shan.

Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000

Bankruptcy 2 years ago

Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals

Bankruptcy 2 years ago

FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object

Bankruptcy 2 years ago

Mt. Gox to begin Bitcoin repayments to creditors in July 2024 spooking market

Bankruptcy 2 years ago