Bankrupt Crypto Lender BlockFi Initiates First Round of Customers Reimbursement
BlockFi to start interim crypto reimbursement to customers via Coinbase in July 2024. Non-US clients are currently ineligible for distributions due to regulatory.
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Failed Crypto Lender Genesis To Repay $3B To Creditors In Bankruptcy Case
Judge Sean Lane greenlit Genesis Global’s Chapter 11 plan on Friday, allowing the failed crypto lender to repay creditors roughly $3b in crypto.
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Celsius Intends To Retrieve Certain Pre-bankruptcy Withdrawals
The embattled crypto lender, Celsius, has filed an intent to retrieve pre-bankruptcy withdrawals from those who withdrew $100,000 or more in the three.
Blockchain News
Bankruptcy Over For Crypto Lender Celsius Network?
Celsius Network, the crypto lender that filed for Chapter 11 bankruptcy in June last year, is on the brink of concluding its bankruptcy.
Blockchain News
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Celsius, the bankrupt crypto lender, has reached a settlement agreement with its creditors and Series B holders. The agreement entails distributing $25 million.
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Celsius Network Slapped with $4.7 Billion Fine by FTC, Faces Permanent Ban
In a significant blow to Celsius Network, the United States Federal Trade Commission (FTC) has imposed a staggering $4.7 billion fine on the.
Blockchain News
Voyager Takes Steps Towards Customer Recovery Amid Bankruptcy
Bankrupt crypto lender Voyager is making efforts to compensate its customers after experiencing significant losses. With nearly $413 million in crypto assets at.
Crypto News
FTX Objects To Genesis’ Proposed Mediation Extension
FTX Trading Ltd., as the largest unsecured creditor of bankrupt crypto lender Genesis Global, has objected to Genesis’ proposed mediation extension. The Bahamas-based.
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Celsius Eyes Merge of Entities as Creditors Claim Distinctions Were a ‘Sham’
Celsius Network, the defunct crypto lender, is trying to merge its UK and US corporations, according to recent court documents, claiming that any.
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BlockFi to provide over $100K in refunds to California clients
Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans even after a.