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Cryptopia Liquidator Updates Stakeholders, Return Of Funds May Take Long

Liquidators Grant Thornton New Zealand have released an update for Cryptopia account holders and other creditors following the shutting down of the New Zealand-premised crypto exchange. The liquidator said it has made big strides in the determination of customer holdings, but how the funds were managed by the exchange will cause more delays. In the […] дальше »

2019-8-21 20:01


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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


With Months of Court Hearings Behind Them, QuadrigaCX Enters Bankruptcy

The issues with the QuadrigaCX platform have been well-publicized over the last few months, though the troubles date back to the beginning of last year. Creditors have remained somewhat hopeful that their funds would be magically discovered and returned to their wallets, but it doesn’t look like that is happening now. With no options left […] дальше »

2019-4-9 01:54


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Quadriga CX Victims May Get Refunds Sooner than Later

Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY),  the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019. дальше »

2019-4-4 09:00


Failed Crypto Exchange QuadrigaCX Should Declare Bankruptcy, Blasts EY Report

Shuttered cryptocurrency exchange QuadrigaCX could be headed toward bankruptcy proceedings to give creditors the best shot at recouping assets. Ernst & Young (EY) in its latest report recommends transitioning Vancouver-based Quadriga Fintech Solutions, the exchange’s parent company, from a restructuring into bankruptcy proceedings. дальше »

2019-4-3 15:38


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Liquidators put the final nail in Gatecoin’s coffin

One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin. дальше »

2019-4-1 11:45