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London Block Exchange Insolvent since 2018: Staff, Developers, and Creditors Owed Large Amounts

Peter McCormack, the host of the What Bitcoin Did podcast, has alleged that London Block Exchange (LBX) has been insolvent since Autumn 2018. The staff has not been paid since December 2018, creditors are owed millions of GBP, and the employee pension deductions never reached the pension fund as they were allegedly used to keepRead MoreRead More. дальше »

2019-4-29 13:00


QuadrigaCX CEO Widow Demands $225,000, Draws Ire of Investors Who Lost $150 Million

Jennifer Robertson, the widow of Gerald Cotten, the CEO of Canada’s biggest crypto exchange QuadrigaCX, has requested for reimbursement of $225,000 in court fees. Robertson, who initially filed an affidavit with the Supreme Court of Nova Scotia to reveal the death of CEO Gerald Cotten and the loss of over $150 million in crypto and cash by QuadrigaCX, reportedly claimed she had spent $225,000 to secure QuadrigaCX protection from creditors. дальше »

2019-3-6 19:41


US-based bitcoin mining firm Giga Watt has declared bankruptcy

Giga Watt, US-based bitcoin mining firm, has declared bankruptcy with millions still owed to creditors, Coindesk reported. On Monday, the firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents. Creditors include the utilities […] дальше »

2018-11-21 18:56