Cryptocoins News / The Cointelegraph - 1 year ago
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit. Troubled cryptocurrency company D...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Genesis filed for bankruptcy protection late on Thursday revealing $3.6 billion owed to the top 50 creditors.Top unsecured claimants included Gemini, Babel Finance, VanEck, and Cumberland among others.Gemini President Cameron Winklevoss...
Cryptocoins News / CoinJournal - 1 year ago
Investigations show that Hodlnaut lost about $190 million in the Terra LUNA crash.
The lender had proposed a restructuring plan to allow creditors to have a view of the company’s operations.
The creditors however want liquidation of the compan...
Cryptocoins News / The Cointelegraph - 1 year ago
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash. The Singa...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto broker Genesis allegedly owes $900 million to clients of cryptocurrency exchange Gemini. Cryptocurrency broker Genesis Global Trading allegedly owes its credit...
Cryptocoins News / The Cointelegraph - 1 year ago
3AC co-founder Kyle Davies announced regular meetings with creditors, noting that all involved parties are welcome to attend. Kyle Davies, the co-founder of bankrupt h...
Bitcoin News / Bitcoin.com - 1 year ago
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF).
Court Filing Wants to ‘Enfor...
Bitcoin News / Bitcoin.com - 1 year ago
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors commit...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Cryptocurrency market maker Wintermute was appointed to the committee for unsecured FTX creditors.Wintermute and eight other members form the committee, according to a court document seen by EthereumWorldNews.Sam Bankman-Fried’s cr...
Bitcoin News / Bitcoin.com - 1 year ago
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. Th...
Cryptocoins News / The Cointelegraph - 1 year ago
Not much is known about who these creditors could be, as names and personal information were redacted from the published document. According to a court filing on Nov....
Bitcoin News / Bitcoin.com - 1 year ago
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’...
Cryptocoins News / The Cointelegraph - 1 year ago
In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than the 100,000 initially estimated. The FTX liquidati...
Cryptocoins News / The Cointelegraph - 1 year ago
The company is facing a cash flow crisis due to tough market conditions. According to a new filing with the United States Securities and Exchange Commission on Monday...
Cryptocoins News / CoinJournal - 1 year ago
Ethos has launched its recovery token program for users affected by the collapse of the Voyager lending platform.
Ethos has announced the launch of its recovery token program designed for the users affected by the Voyager collapse.
According to the...