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Mt. Gox trustee confirms creditors’ addresses for BTC and BCH repayments
Mt. Gox creditors are reportedly receiving emails from the collapsed crypto exchange to confirm their accounts for repayments. According to emails shared by users of social platforms such as Reddit, creditors can receive payments in Bitcoin (BTC) or Bitcoin Cash (BCH). дальше »
2024-1-24 19:46 | |
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Turning A New Page: Mt. Gox Ready To Distribute Millions In Cash To Creditors, Here’s When
Nearly a decade after its notorious collapse, Mt. Gox, once the titan of Bitcoin exchanges, is on the brink of initiating a repayment plan for its creditors. In a recent email, the exchange’s rehabilitation trustee, Nobuaki Kobayashi, conveyed the plan to begin cash repayments within the 2023 calendar year. This momentous step marks a pivotal […] дальше »
2023-11-23 03:00 | |
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Bankrupt Mt. Gox repayment plan seemingly set in motion nearly a decade after hack
The trustee of bankrupt Mt. Gox will begin repaying the firm’s creditors in cash shortly, according to an email reportedly sent to some claimants this week and obtained by CryptoSlate. The email reads, “The Rehabilitation Trustee plans to commence repayment to creditors shortly. дальше »
2023-11-22 14:30 | |
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Mt. Gox creditors anticipate repayments in 2023: trustee’s update
In a significant development for creditors of the defunct Mt. Gox exchange, an update from the bankruptcy trustee, Nobuaki Kobayashi, indicates that repayments are on the horizon. After years of legal battles, creditors are poised to receive their dues, with plans to initiate repayments in the year 2023. дальше »
2023-11-22 13:25 | |
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US Trustee challenges $5 million claims by parties in Celsius bankruptcy case
The United States Trustee in the Celsius bankruptcy case has raised objections against claims made by several parties asserting their “substantial contributions” to the bankruptcy proceedings of Celsius Network and its affiliates. дальше »
2023-11-21 13:45 | |
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Mt. Gox Trustee Extends Repayment Deadline Amidst Ongoing Saga But There’s A Catch
The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. дальше »
2023-9-22 15:30 | |
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Mt. Gox trustee extends hacked exchange’s Bitcoin repayment deadline to October 2024
The trustee of the hacked crypto exchange Mt. Gox has extended the repayment deadline by a year to Oct. 31, 2024. A Sept. 21 letter published by the Rehabilitation Trustee stated that the extension was necessary to complete all the repayment processes before the previous deadline of Oct. дальше »
2023-9-21 10:31 | |
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FTX Modifies Bitcoin And Crypto Sale Proposal For Court Last Minute
In a recent court filing, FTX, the crypto exchange currently navigating bankruptcy, has made last-minute adjustments to its proposal concerning the sale of its Bitcoin and crypto holdings. This move is seen as an attempt to address concerns raised by the US Trustee, the bankruptcy branch of the Department of Justice. дальше »
2023-9-13 14:30 | |
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FTX Debtors Pivot: Revised Settlement Proposal Emerges Amid US Trustee Objection
In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee. Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […] дальше »
2023-8-22 02:30 | |
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FTX overhauls settlement proposal amidst U.S. Trustee objection
FTX was revising its settlement proposal as a response to U. S. Trustee objections. The bankrupt exchange sought a transparent and balanced creditor claims resolution. Bankrupt cryptocurrencyThe post FTX overhauls settlement proposal amidst U. дальше »
2023-8-21 15:00 | |
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Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding. дальше »
2023-5-13 02:22 | |
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Glassnodes displays BTC owned by US Govt and Mt. Gox trustee
In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890… дальше »
2023-4-28 15:07 | |
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US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case. дальше »
2023-3-7 00:42 | |
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Top Mt.Gox creditors opt for Bitcoin payout: report
Mt. Gox Investment Fund and Bitcoinica reportedly want reimbursement from the Mt. Gox Trustee to be in Bitcoin. The two firms are two of the largest creditors of Mt. Gox, a Bitcoin exchange that went bankrupt in 2014. дальше »
2023-2-18 19:21 | |
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FTX bankruptcy judge denies US Trustee’s motion to appoint independent examiner
The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX's alleged misuse of customer funds. дальше »
2023-2-15 18:34 | |
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Voyager Creditor and Lawyer Attempts to Force Trustee to Take Over Estate
A Voyager creditor and financial lawyer has filed a motion to have a trustee appointed to handle the crypto lender’s estate. And she's supported by lender's former CIO. The post Voyager Creditor and Lawyer Attempts to Force Trustee to Take Over Estate appeared first on BeInCrypto. дальше »
2023-2-3 18:30 | |
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Voyager Digital creditor requests trustee to seize control of the estate
A Voyager creditor has requested a chapter 11 trustee to partake in the bankruptcy trial of Voyager Digital. Previously, Voyager and its creditors resisted Alameda Research's attempts to recoupThe post Voyager Digital creditor requests trustee to seize control of the estate appeared first on AMBCrypto. дальше »
2023-2-2 16:30 | |
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Voyager creditor requests trustee to take control of the firm’s estate
A voyager creditor, Michelle DiVita, is reportedly calling for a Chapter 11 trustee to seize the bankrupt firm’s estate. DiVita also accused Voyager Digital of misinforming the public about the company’s financial situation, including publishing inaccurate data and public misrepresentation.… дальше »
2023-2-2 16:00 | |
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FTX lawyers claim independent examiner could bag $100m in vain
Lawyers representing FTX have claimed that an outsourced examiner would cost the company more than $100 million without benefiting equity holders or creditors. The Jan. 25 objection argument comes after the recent motion by US Trustee Andrew Vara, who was… дальше »
2023-1-26 16:57 | |
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Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes
Lawyers for Genesis Global told a New York bankruptcy court on Monday that they’ve been working with their creditors’ representatives and the U.S. Trustee’s Office “around the clock” for the past two months in order to reach a “consensual resolution” with the embattled company’s creditors. дальше »
2023-1-24 01:40 | |
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Objectors to FTX Using Sullivan & Cromwell as Its Law Firm Seek to Delay Court Hearing
Individual objectors have sought to delay an FTX hearing in the United States Bankruptcy Court in the district of Delaware scheduled at 10:00 a. m. EST on January 20, 2023 expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C) amid allegations from the U. дальше »
2023-1-21 16:53 | |
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FTX Declines Disclosure to Sell LedgerX and Other Businesses
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exchange has refused to provide financial details regarding the businesses it intends to sell. дальше »
2023-1-10 19:20 | |
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Mt. Gox Trustee Pushes Back Creditor Registration Deadline
Mt. Gox will extend the registration deadline for rehabilitation creditors to March 10, 2023, bringing creditors one step closer to wholeness. The post Mt. Gox Trustee Pushes Back Creditor Registration Deadline appeared first on BeInCrypto. дальше »
2023-1-8 14:40 | |
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Mt. Gox repayments registration deadline pushed to March
Creditors of the defunct Bitcoin (BTC/USD) crypto exchange Mt. Gox will have to be a little bit more patient as they await repayments from the Rehabilitation Trustee. This is because the court has extended the deadline for the selection and registration of a creditor’s preferred repayment method, which include cryptocurrency, bank remittance and fund transfer. дальше »
2023-1-7 16:13 | |
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El Salvador’s Bitcoin purchase information can’t be made public: Trustee
As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants. дальше »
2022-11-1 11:45 | |
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Is CEL yet again in trouble as court-appointed Trustee blasts Celsius for...
William Harrington, the U.S. Trustee appointed by the court for Celsius Network’s bankruptcy proceedings has criticized the crippled crypto lender for a motion it filed earlier this month. Bonus prThe post Is CEL yet again in trouble as court-appointed Trustee blasts Celsius for... appeared first on AMBCrypto. дальше »
2022-10-29 20:30 | |
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Celsius bankruptcy case trustee slams $3M employee bonus motion
The trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders. дальше »
2022-10-29 07:58 | |
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Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says
The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature. дальше »
2022-10-1 21:43 | |
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Celsius Update: Troubled Crypto Lender Finally Releases Periodic Report on Subsidiaries
After complaints from the U.S. Trustee, Celsius Network has finally filed an operating report showing a detailed breakdown of the revenues and expenses of business entities with a substantial or controlling interest. Delays in Filing Report Show a Lack of… дальше »
2022-9-23 19:00 | |
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Celsius: Judge permits independent examiner's probe in bankruptcy case
A federal judge from the United States Bankruptcy Court for the Southern District of New York has allowed the U.S. Trustee's office to appoint an independent examiner to investigate the affairs at theThe post Celsius: Judge permits independent examiner's probe in bankruptcy case appeared first on AMBCrypto. дальше »
2022-9-16 21:00 | |
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Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
The Official Committee of Unsecured Creditors joined other Celsius borrowers in opposing the U.S. Trustee's motion to appoint an independent examiner, though they did not oppose the appointment of any third party investigator to dig into the embattled crypto lender's financials. дальше »
2022-9-9 01:06 | |
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Celsius borrowers oppose US Trustee’s move to appoint internal examiner
McCarter & English, a law firm representing four Celsius borrowers, has filed a motion asking for the appointment of a chapter 11 Trustee instead of an internal examiner from the United States Trustee’s office. дальше »
2022-9-8 18:24 | |
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Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said. дальше »
2022-9-8 13:06 | |
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A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin?
The Mt. Gox Bitcoin payments have been long anticipated. The process has lasted several years, and finally, in 2021, there is now recourse in sight for all who were affected. Attorney-at-law Nobuaki Kobayashi has been appointed as the Rehabilitation Trustee and will be in charge of the repayment process. дальше »
2022-9-3 02:00 | |
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Trustee Plus представит Украину на Web Summit 2022 в Лиссабоне
Украинский криптовалютный необанк Trustee Plus примет участие в масштабной IT-конференции Web Summit 2022. Об этом ForkLog сообщили представители компании. Мероприятие состоится с 1 по 4 ноября в Лиссабоне. дальше »
2022-8-27 19:03 | |
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