2022-11-12 17:18 |
A bankruptcy filing attributed to Alameda Research estimates the company has $10 billion to $50 billion in liabilities.
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FTX.com has commenced Chapter 11 Bankruptcy proceedings after unsuccessfully attempting to raise $8 billion in liquidity. The post FTX Commences Bankruptcy Proceedings as CEO Steps Down appeared first on BeInCrypto.
2022-11-12 17:50 | |
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Sam Bankman-Fried's crypto empire, once valued at $32 billion is now in tatters as FTX has filed for bankruptcy protection in Delaware.
2022-11-12 12:50 | |
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A US federal bankruptcy court has approved the planned sale of crypto lender Voyager Digital’s assets to FTX US. A restructuring update Voyager published on Friday noted that the bankruptcy judge in the Southern District of New York had approved FTX’s $1.
2022-10-22 01:02 | |
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FTX US's bid is valued at approximately $1.422 billion, according to a Voyager press release late Monday Eastern time.
2022-9-27 07:38 | |
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The centralized crypto lender rejected an offer from FTX after it filed for Chapter 11 bankruptcy reorganization in July following 3AC's loan default and its debts topping $1 billion.
2022-9-8 21:45 | |
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Celsius files for Chapter 11 bankruptcy. The company’s balance sheet shows a gap of $1.2 billion and reckless behavior with customer deposits.
2022-7-15 18:30 | |
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The bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits some believe they may not be required to give back.
2022-7-15 06:13 | |
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Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection
2022-7-15 23:12 | |
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The cryptocurrency hedge fund, which used to have $10 billion worth of assets under management, is now officially bankrupt
2022-7-2 09:39 | |
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Goldman Sachs is reportedly ready to pounce onto the assets of beleaguered crypto lender Celsius Network, CoinDesk reported on Friday citing sources familiar with the development. Per the report, the banking giant is eyeing $2 billion in funding from investors for a potential purchase of the Celsius assets should it file for bankruptcy.
2022-6-25 00:25 | |
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The fate of roughly $8 billion worth of deposits remains unknown, with Celsius seemingly being on the cusp of a bankruptcy
2022-6-25 21:24 | |
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The bankruptcy of Thomas Cook, the oldest travel company in the world, caused panic in the entire travel industry. But, perhaps, a tour operator in debt of 2 billion euros is only the first sign that marks the beginning of the collapse of the British economy as a result of a divorce from the European […]
2019-9-24 23:01 | |
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In an interview with Peter McCormack, Andy Pag, a former administrator of Mt. Gox Legal, spoke about the reason it would take a long time for the Mt. Gox’s civil rehabilitation process to settle.
2019-4-15 19:30 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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Best Buy shares saw a massive upswing on Wednesday as the company announced its Q4 earnings report, well-above analysts’ expectations. Pumping its profits was its selection of wearables, smart home devices, and the unstoppable popularity of free game Fortnite driving demand for gaming consoles and accessories throughout the holidays.
2019-3-1 11:34 | |
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Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.
2019-2-26 22:00 | |
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In the past decade, Spain suffered a significant economic setback with a crippling recession, the bankruptcy of a number of major companies and the highest unemployment rate in the EU (27% at its height).
2019-2-6 12:00 | |
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Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal.
2019-2-5 15:57 | |
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A few years ago, Mt. Gox was one of the most powerful and respected crypto exchange companies. However, after suffering a hack, they have closed operations and filed for bankruptcy. However, the process of shutting down operations isn’t always that simple as a number of people, including their former clients, are trying to get their […]
2019-2-3 19:48 | |
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Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.
2018-12-13 21:15 | |
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The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25. 98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25.
2018-9-25 20:00 | |
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A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt.
2018-9-25 19:54 | |
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The floodgates have opened for victims of the long-running Mt. Gox saga, which involves over a billion dollars in lost cryptocurrency. Almost five years later, claims can finally be made to have the stolen money returned.
2018-8-24 13:29 | |
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The Tokyo District Court on Friday, June 24, stopped Mt. Gox’s bankruptcy proceedings and ordered the commencement of the civil rehabilitation proceedings. The civil rehabilitation proceedings will ensure that Mt.
2018-6-26 14:49 | |
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The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.
2018-6-23 19:39 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.