Bitcoin Mining Firm, Rhodium Enterprises, Gets Court Approval For $30M Loan Amid Bankruptcy
Rhodium Enterprises, a Bitcoin (BTC) mining company that recently filed for bankruptcy, has received court approval to secure a $30M loan in fiat.
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40 Banks in China Facing Bankruptcy – Here’s Why
China is witnessing a surge in bank failures with 40 banks already facing bankruptcy, driven by a declining property market and poor risk.
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Swiss Regulator Forces Crypto-Friendly Flowbank Into Bankruptcy
FlowBank, an online Swiss bank that offered cryptocurrency trading services, has been shut down and forced into bankruptcy after the Swiss financial regulator.
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FTX Bankruptcy Estate to Sell 41 Million Solana Tokens for $7.5 Billion
The FTX bankruptcy estate has announced the sale of 41 million locked Solana (SOL) tokens for $7.5 billion. The FTX bankruptcy estate has.
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SEC Reveals Terraform Labs’ “Suspicious” $166m Payment To Lawyers Before Bankruptcy
The US Securities and Exchange Commission (SEC) revealed suspicious payment of Terraform Labs’ $166m funds to lawyers before bankruptcy. According to Reuters, the.
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NY Law Firm Handling FTX’s Bankruptcy Case Expected to Become Binance’s Independent Monitor
New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor.
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NY Bankruptcy Judge Permits Genesis To Liquidate $1.3B Worth of GBTC Stock To Compensate Investors
A New York bankruptcy judge has granted Genesis Global Holdco permission to liquidate roughly $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) stock.
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Core Scientific Steps Out From Bankruptcy, Began Operations With Robust Finances
Core Scientific Bitcoin mining firm is out of bankruptcy and should resume operations with $55 million secured from new financing if its Chapter.
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FTX Files To Exit Bankruptcy And Repay Billions To Affected Customers
Bankrupt crypto firm, FTX, has announced its plans to exit bankruptcy and resolve its year-long financial troubles by repaying its affected customers. According.
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SFM Drops 54% As SafeMoon Files For Bankruptcy, Is SafeMoon No Longer Safe?
SafeMoon has filed for bankruptcy amid SEC fraud charges. SEC arrested executives, alleging that they diverted $200 million for personal use. arrests follow..