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Fahrenheit to acquire bankrupt crypto lender Celsius
Court documents reveal that Fahrenheit has won the bid to acquire Celsius Network. The Fahrenheit group must provide a $10 million deposit within three days to complete the process. CryptocuThe post Fahrenheit to acquire bankrupt crypto lender Celsius appeared first on AMBCrypto. дальше »
2023-5-25 16:00 | |
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Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up. дальше »
2023-5-25 09:38 | |
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Court directs BlockFi to retract chapter 11 reorganization plan
A U.S. bankruptcy court recently ordered cryptocurrency lender BlockFi to withdraw its prematurely disclosed Chapter 11 reorganization plan and accompanying statement until all materials are formally authorized. дальше »
2023-5-23 20:45 | |
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Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment
Bankrupt crypto lender Genesis has filed a motion to extend the exclusivity period for its reorganization plan by 100 days. Why Genesis sought an extension In a May 19 court filing to the United States Bankruptcy Court for the Southern District of New York, the bankrupt lender, said it needed the extension “to achieve a […] The post Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment appeared first on CryptoSlate. дальше »
2023-5-22 14:45 | |
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U.S. bankruptcy court approves Voyager's chapter 11 plan, details inside
Voyager Digital received the approval from the bankruptcy court to start liquidation procedures. The crypto lender's bankruptcy estate aims to make initial asset distributions no later than 1 JThe post U. дальше »
2023-5-18 15:00 | |
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Celsius withdrawing nearly $800 million of Ether from Lido
Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7% of the total amount staked with Lido Celsius has $4.7 billion of debts with creditors, and sent the market into a tailspin last year after it got caught up in the Terra contagion Celsius also […] The post Celsius withdrawing nearly $800 million of Ether from Lido appeared first on CoinJournal. дальше »
2023-5-17 17:30 | |
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BlockFi opts to liquidate its lending business
New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District… дальше »
2023-5-16 16:49 | |
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Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance
BlockFi's creditors have claimed that the company used customer funds to buy insurance for $30 million. Customers also argued that the lender purposefully delayed the trial. In response to BThe post Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance appeared first on AMBCrypto. дальше »
2023-5-16 16:00 | |
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This is how much bankrupt crypto lender BlockFi could gain from FTX recovery
Successful litigation against FTX and Alameda could add over $1 billion to BlockFi's coffers The crypto lender still owes millions of dollars to SEC and NASAA Bankrupt crypto lender - BlockFThe post This is how much bankrupt crypto lender BlockFi could gain from FTX recovery appeared first on AMBCrypto. дальше »
2023-5-16 20:45 | |
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Bankrupt Celsius stake $57M worth of Ethereum: Arkham
Bankrupt crypto lender Celsius has resumed staking Ethereum (ETH), according to data shared by Arkham Intelligence. Arkham reported that the bankrupt lender staked 30,800 ETH — $56. 9 million — via staking solutions provider Figment during the past week. дальше »
2023-5-15 16:30 | |
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BlockFi can refund $300M of customer funds, judge rules
BlockFi customers who held funds in custodial wallets can be refunded nearly $300 million, a bankruptcy judge said on Thursday. The judge’s ruling on the dispute between some customers and BlockFi comes amid bankruptcy proceedings for the troubled crypto lender. дальше »
2023-5-12 21:07 | |
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Crypto lender Nexo shuts down 2 UK-based subsidiaries
London-based crypto lender Nexo (NEXO) has shut down two of its subsidiaries located in the U. K. on May 11, Bloomberg News reported. The lender is also going under an investigation in Bulgaria for allegedly being involved in an organized crime scheme, the Bloomberg article noted. дальше »
2023-5-12 19:47 | |
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BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender. дальше »
2023-5-12 18:04 | |
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Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US. дальше »
2023-5-6 00:36 | |
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FTX bankruptcy estate seeks to claw back $3.9B from Genesis
The FTX bankruptcy estate is seeking to claw back $3.9 billion from bankrupt crypto lender Genesis Global Capital. The estate will reportedly use the funds to repay its creditors and millions oThe post FTX bankruptcy estate seeks to claw back $3.9B from Genesis appeared first on AMBCrypto. дальше »
2023-5-4 15:30 | |
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FTX Eyes $4 Billion in Clawback Claims From Bankrupt Crypto Lender Genesis
Bankrupt crypto exchange FTX is seeking to claw back billions of dollars from embattled crypto lender Genesis Global Capital. The post FTX Eyes $4 Billion in Clawback Claims From Bankrupt Crypto Lender Genesis appeared first on BeInCrypto. дальше »
2023-5-4 09:19 | |
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Celsius’ claims separation of US and UK operations was ‘sham’
Defunct crypto lender Celsius Network seeks to merge its UK and US operations after allegations of fraudulent transfers. Smaller creditors are seeking fair treatment in the recovery of lost funds. дальше »
2023-5-3 17:40 | |
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Belgian crypto lender Bit4You suspends its activities
Bit4You is Belgium’s first and only crypto asset lending platform. The platform says one of its main crypto asset custodian, CoinLOan, had been declared insolvent. The insolvency court order against CoinLoan was reportedly issued on Monday, 24 April, 2023 in Estonia. дальше »
2023-4-27 18:06 | |
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Voyager Legal Team Left Shell-Shocked As Binance.US Walks Away From $1 Billion Acquisition Deal
Lawyers of Voyager Digital were taken aback when Binance.US called off its deal to acquire the assets of the insolvent crypto lender on Tuesday. дальше »2023-4-27 02:18 | |
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Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal
The crypto lender said it will return value to customers via direct distribution. дальше »
2023-4-26 21:10 | |
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Multiple Genesis Capital creditors walk away from agreement – DCG responds
A group of unnamed Genesis Capital creditors have raised new demands and walked away from their previous agreement with the bankrupt crypto firm. Genesis Capital wants the court to appoint a mediator In an April 24 court filing, the bankrupt crypto lender applied for appointing a sitting bankruptcy judge in the Southern District of New […] The post Multiple Genesis Capital creditors walk away from agreement – DCG responds appeared first on CryptoSlate. дальше »
2023-4-25 15:17 | |
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Celsius auction has Gemini and Coinbase as new bidders: Report
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. дальше »
2023-4-24 00:21 | |
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Binance.US finally gets the green signal to acquire Voyager Digital
Voyager Digital’s acquisition by Binance. US is set to go ahead following an agreement with the U. S. federal government. The crypto lender’s Unsecured Creditors Committee stated on Twitter tThe post Binance. дальше »
2023-4-20 13:45 | |
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Distressed crypto lender BlockFi to file bankruptcy-exit plan
BlockFi has been granted more time to smoothen its exit plans from its current Chapter 11 bankruptcy. The embattled crypto lender wants an outside investor to fuel its restructuring plan. The firm is also exploring a potential sale of its… дальше »
2023-4-20 13:25 | |
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Binance.US takes a step closer to acquiring Voyager Digital
In a major development, cryptocurrency exchange Binance. US has moved closer to acquiring Voyager Digital — a bankrupt crypto lender — following months of regulatory hurdles. According to a statement from Voyager on April 19, the Uncensored Creditors Committee (UCC) has reached an agreement with the U. дальше »
2023-4-20 11:40 | |
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Luno exits Singapore amid growing scrutiny, Babel extends creditor protection
Luno, a leading crypto exchange owned by the beleaguered Digital Currency Group, has shut down its operations in Singapore amid growing scrutiny surrounding the crypto industry. Despite the tightening regulations, bankrupt lender Babel has successfully extended its bankruptcy protection within… дальше »
2023-4-18 13:29 | |
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Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
Managing partner Annabelle Huang said that despite Japan being a "high quality market ... regulations are strict." дальше »
2023-4-17 11:23 | |
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Celsius Withdraw Over 6,000 Staked Ethereum; Plans to Sue Creditor
Bankrupt crypto lender Celsius has withdrawn 6,521 staked Ethereum — worth over $13 million — since the Shapella upgrade. The post Celsius Withdraw Over 6,000 Staked Ethereum; Plans to Sue Creditor appeared first on BeInCrypto. дальше »
2023-4-15 17:34 | |
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Crypto lender Amber Group could shift to Hong Kong for this reason, details inside
- Crypto lender Amber Group is reportedly considering selling its Japanese unit and shifting to Hong Kong. - The firm's Managing Partner revealed that Hong Kong's friendly crypto policies were bettThe post Crypto lender Amber Group could shift to Hong Kong for this reason, details inside appeared first on AMBCrypto. дальше »
2023-4-15 14:30 | |
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Crypto lender Amber Group considers selling Japan unit: Report
Amber’s review of its Japan operation is part of a strategic shift toward institutional business, away from retail business.
дальше »2023-4-15 19:53 | |
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Crypto Lender Amber Group Considers Potential Sale of Japan Subsidiary amid Plans to Secure Hong Kong Trading License
Coinspeaker Crypto Lender Amber Group Considers Potential Sale of Japan Subsidiary amid Plans to Secure Hong Kong Trading License Amber Group could sell its subsidiary in Japan to focus more on institutional rather than retail businesses. дальше »
2023-4-15 14:48 | |
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