2023-3-23 21:59 |
The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner. origin »
Bitcoin price in Telegram @btc_price_every_hour
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A vast majority of Voyager’s creditors are voting in favor of a plan to sell assets to Binance US, a New York court was told today.
2023-2-22 18:33 | |
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Eric Snyder, partner at Wilk Auslander LLP, says that a substantial amount of haircuts are likely to be made, but that depends on the petition Genesis’ trio of companies filed.
2023-1-21 23:28 | |
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The creditor committee expects to hear from Genesis and DCG by the end of the week.
2022-12-21 07:01 | |
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FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily.
2022-11-23 21:30 | |
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If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
2022-11-22 19:30 | |
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FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.
2022-11-15 22:42 | |
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In a recent tweet, David Adler, a Bankruptcy asset recovery expert and lawyer, mentioned that Celsius investors should remember to add all their different claims on the proof of claim form. Instead of focusing on just crypto, investors should add…
2022-10-28 23:00 | |
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If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
2022-8-20 00:17 | |
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The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
2022-8-19 20:47 | |
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The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short-squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.
2022-7-15 02:46 | |
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The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
2022-5-11 07:45 | |
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The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
2022-5-11 07:45 | |
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Американская компания CoinLab урегулировала вопросы касательно выплат биткоинов кредиторам обанкротившейся биржи Mt. Gox. Об этом сообщил журналист Мэтт Лейзинг. *COINLAB SAYS AGREEMENT SUBJECT TO CREDITOR ACCEPTANCE *CREDITORS CAN CLAIM 90% OF BITCOIN THEY ARE OWED FROM MT.
2021-1-16 20:38 | |
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Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan.
2021-1-8 06:35 | |
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The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors.
2020-11-7 11:30 | |
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A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.
2019-9-13 00:45 | |
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Four days ago, news. Bitcoin. com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt.
2019-4-10 23:15 | |
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Finally, it looks like creditors of the troubled cryptocurrency exchange Mt. Gox is about to have a breath of fresh air after years of waiting. Decisions Issued Over Rehabilitation Claims Merely a week after Mt.
2019-4-5 17:22 | |
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Nobuaki Kobayashi, the trustee appointed to oversee rehabilitation plans for the troubled Mt. Gox exchange, announced that all creditors who filed rehabilitation claims have been notified about whether their claims have been approved.
2019-4-10 18:04 | |
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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.
2019-4-3 15:38 | |
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Defunct cryptocurrency exchange QuadrigaCX’s should enter bankruptcy proceedings in a bid to minimize costs and facilitate the recovery of assets for creditors, according to a report by Ernst & Young (EY), its court appointed monitor.
2019-4-3 12:23 | |
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A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.
2019-2-15 01:45 | |
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Bitcoin drifted under $83,000 on Thursday as market focus shifted toward how liquidity is stacked on exchanges. Reports say a mix of big orders and tight ranges has left traders feeling boxed in. Some analysts warn that a break under a key level could spark sharper selling, while others point to concentrated buy orders that might cushion a drop.
Bitcoin slid sharply this week, hitting just above $82,000 in early US trading and triggering a wide purge of crowded positions. Based on data from Coinglass, roughly 270,000 accounts were wiped out across exchanges in the past day, and close to $1.
The US government has been trying to execute a historic pivot with its Bitcoin holdings, shifting from a messy, case-by-case inventory of seized crypto into a strategic national reserve for almost a year now.
Bitcoin price succumbed to a violent selloff on Monday while gold and silver surged to all-time highs following President Donald Trump‘s threat of sweeping new tariffs on European allies. According to CryptoSlate's data, BTC slipped below $93,000 within minutes during early Asian trading hours, after trading comfortably in the mid-$95,000s just moments earlier.
The US crypto industry believed it stood on the precipice of securing the regulatory legitimacy it has pursued for a decade, but the political ground has suddenly shifted beneath it. On Jan. 14, Sen.
On Jan. 13, the US Senate Banking Committee released the full text of the highly anticipated Digital Asset Market Clarity Act (CLARITY) ahead of its expected markup this week. The 278-page draft abandons the strategy of picking winners on a token-by-token basis.
Bitcoin investors are bracing for a rare convergence of market forces this week, walking into a gauntlet of three distinct macro and policy catalysts packed into a single 72-hour window. The catalysts include the release of December’s Consumer Price Index (CPI) on Tuesday, a potentially historic Supreme Court opinion day on Wednesday regarding executive tariff […] The post Bitcoin is walking into a perfect setup for a long-term bull run but first faces a brutal 72-hour gauntlet appeared first on CryptoSlate.