bankruptcy

Sullivan & Cromwell Poised to Monitor Binance: A Deep Dive into Crypto Compliance

The crypto world is buzzing with a potential power move in regulatory oversight. Imagine the law firm currently untangling the FTX bankruptcy mess.

by Sofiya
February 16, 2024
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NY Bankruptcy Judge Permits Genesis To Liquidate $1.3B Worth of GBTC Stock To Compensate Investors

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Genesis Gets Green Light to Liquidate $1.3 Billion GBTC: Will Investors Finally Get Compensated?

In a significant win for creditors, a New York bankruptcy judge has authorized Genesis Global Holdco to liquidate approximately $1.3 billion worth of.

by Sofiya
February 15, 2024
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Terraform Labs Files For Chapter 11 Bankruptcy Protection

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Terraform Labs Files for Chapter 11 Bankruptcy: Navigating Legal Storms and Rebuilding After the Crypto Winter

Remember the tumultuous crypto crash of 2022? The one that sent shockwaves through the digital asset world and ushered in the infamous crypto.

by Sofiya
January 23, 2024
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Celsius Intends To Retrieve Certain Pre-bankruptcy Withdrawals

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Celsius Clawback: Are Pre-Bankruptcy Withdrawals at Risk?

Navigating the aftermath of crypto lender Celsius’s bankruptcy? You’re not alone. If you were a Celsius account holder and made withdrawals before the.

by Sofiya
January 10, 2024
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Core Scientific Steps Out From Bankruptcy, Began Operations With Robust Finances

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Core Scientific Exits Bankruptcy with $55M Boost: What’s Next?

The crypto world is watching as Core Scientific, once a giant in Bitcoin mining, charts its course out of bankruptcy. With a fresh.

by Sofiya
January 9, 2024
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DCG Announces Successful Repayment of Genesis’ Loans, Clears $1B Debt

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DCG Completes $700 Million Payoff to Genesis: What’s Next?

The crypto world is watching closely as Digital Currency Group (DCG) makes moves to settle its debts. In a recent announcement, DCG revealed.

by Sofiya
January 8, 2024
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Court Prevents DCG From Altering Genesis Ownership

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Genesis Wins Court Protection: DCG Restricted from Ownership Changes Amid Bankruptcy

The crypto world is closely watching the unfolding bankruptcy saga of Genesis, a prominent crypto lender. In a recent legal twist, a judge.

by Sofiya
December 21, 2023
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FTX Files To Exit Bankruptcy And Repay Billions To Affected Customers

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FTX Announces Plan to Exit Bankruptcy and Repay Customers: What’s Next?

Remember the shocking collapse of FTX, one of crypto’s giants? It sent tremors through the industry, leaving countless customers in the lurch, unable.