Cryptocoins News / Finance Magnates - 1 year ago
Vauld cryptocurrency exchange filed the Application for a moratorium order for protection against its creditors. Cutting its workforce by 30%, suspending withdrawals and trading were insufficient for the lending firm.
Take Advantage of the Biggest...
Cryptocoins News / The Cointelegraph - 1 year ago
Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business after collapsing asset prices impacted its operations earlier this month.
Vauld fi...
Bitcoin News / Bitcoinist - 1 year ago
Three Arrows Capital (3AC) had been the largest crypto fund in the space before its eventual crash back in July. The fund, which supposedly held billions in assets, had been revealed to be in massive debt and, as a result, had to be liquidated. This...
Cryptocoins News / Blockchain - 1 year ago
Su Zhu, the co-founder and CEO of bankrupt Three Arrows Capital (3AC), is reportedly amongst the creditors that filed claims against the embattled crypto hedge fund.
This news was shared by a Twitter user named ‘Soldman Gachs’ who also claimed he w...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Three Arrows Capital liquidators have a meeting set for July 18, 2022.
This is the first time 3AC creditors are scheduled to meet and discuss proceedings.
Teneo Restructuring will lead the meeting as the appointed liquidator by a British...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked.
Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin.
The distribution and potential selling of the Bitcoin by creditors cou...
Bitcoin News / Bitcoin Magazine - 1 year ago
Mt. Gox Creditors Could Dump 142,000 Bitcoin - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...
Bitcoin News / Google News Bitcoin - 1 year ago
Creditors could offload a total of nearly 142,000 bitcoin into an already stressed market.
The rehabilitation trustee will restrict creditors in moving funds for a period.
Over 700,000 BTC were drained in the Mt. Gox implosion in 2014.
Victims of...
by COINS NEWS - 1 year ago
tldr; Failed cryptocurrency exchange Mt. Gox has provided an update on its repayment procedures under its creditor rehabilitation plan. The exchange could begin to repay its creditors in August, with some compensated directly in Bitcoin. The credito...
Cryptocoins News / The Cointelegraph - 1 year ago
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, both of Coinbase’s junk bond offerings have dropped...
More / Bitcoin Reddit - 2 years ago
Putin has signed a decree that creditors will be paid in Rubles according to a report from Bloomberg today. This will apply to sovereign and corporate debtors paying countries who are hostile to Russia. List of countries to be published later today....
Bitcoin News / Bitcoin.com - 2 years ago
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company.
Africrypt’s Intellectual Property
In addition to payi...
Cryptocoins News / The Cointelegraph - 2 years ago
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding." Creditor...
Cryptocoins News / The Cointelegraph - 2 years ago
“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors. Creditors from the now-defunc...
More / Bitcoin Reddit - 2 years ago
Please please please vote, no matter how big or small your claim is. Not voting, is counted as a vote AGAINST the civil rehabilitation plan. So please vote YES today. submitted by /u/xandiddly [link] [comments]