2022-7-18 16:06 |
Celsius Network has produced a first day presentation outlining its next steps ahead of Monday's bankruptcy proceedings at the Southern District of New York court. origin »
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A source told CNBC that bankruptcy proceedings would not impact operations.
2022-12-21 09:30 | |
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Crtypo lender's lawyers are notifying state regulators, source tells CNBC.
2022-7-14 02:34 | |
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Three Arrows Capital (3AC) has had its assets frozen as part of recent court proceedings, according to various reports. Bankruptcy Judge Clamps Down On 3AC An emergency hearing was held...
2022-7-13 02:39 | |
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Three Arrows Capital (3AC) has had its assets frozen as part of recent court proceedings, according to various reports. Bankruptcy Judge Clamps Down On 3AC An emergency hearing was held...
2022-7-13 02:39 | |
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Some small print in a financial report from Coinbase has raised eyebrows over a potential bankruptcy scenario and the implications for retail customers' crypto assets stored on the platform. The post Crypto Held on Coinbase Could be Subject to Bankruptcy Proceedings appeared first on BeInCrypto.
2022-5-11 09:41 | |
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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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According to reports from Israel on November 24, 2019, 78 current and ex-personnel of the Israeli firm behind DX. Exchange, many of whom are former employees of the FBI-raided company, SpotOption, have petitioned to have their employer dissolved.
2019-11-25 12:00 | |
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In mid-January this year, popular New Zealand crypto exchange, Cryptopia announced its hack which saw users lose crypto assets valued at $16 million USD (which could currently be much higher). After several investigations, court proceedings and pleas for bankruptcy in the U.
2019-10-7 15:47 | |
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Canada’s Revenue Agency is now looking into the corporate tax returns submitted by QuadrigaCX, the troubled cryptocurrency which collapsed earlier this year, taking approximately $134 million of users’ funds with it.
2019-9-17 14:35 | |
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A judge of the Nova Scotia Supreme Court has agreed to a request to move the ongoing QuadrigaCX case from Halifax to Toronto, Ontario. According to a report by Global NewsSeptember 10, 2019, the transfer would drastically cut down expenses as most of the victims are based in Toronto.
2019-9-12 21:00 | |
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Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case.
2019-8-29 16:00 | |
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The ongoing bankruptcy proceedings against the now defunct crypto exchange QuadrigaCX may be moved to the city of Toronto to make investigations easier. The move would come at the request of the trustee overseeing the bankruptcy, Ernst and Young.
2019-8-28 01:00 | |
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Ernst and Young, the audit giant, the court-appointed third-party monitor and now the bankruptcy trustee of the QuadrigaCX proceedings, released its fifth report on the QuadrigaCX episode. Part 1 & 2 of AMBCrypto’s coverage can be found here, and here.
2019-6-20 19:30 | |
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Ernst and Young, the audit giant, the court-appointed third-party monitor and now the bankruptcy trustee of the QuadrigaCX proceedings, released its fifth report on the QuadrigaCX episode. Part 1 of AMBCrypto’s coverage can be found here.
2019-6-20 18:00 | |
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Cryptopia has had a really rough year. In January, the exchange was hacked, losing millions of dollars before the exchange cut off customers from their withdrawals. The company worked hard to try and bring their platform back to consumers in March, but ultimately had to shut down when the relaunch was unsuccessful. The proceedings for […]
2019-5-31 02:11 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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If you’re a creditor in Mt. Gox’s civil rehabilitation case, the defunct exchange may have automatically filed and approved a reimbursement claim for you — provided that your Mt.
2019-4-23 22:44 | |
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In an interview with Peter McCormack, Andy Pag, a former administrator of Mt. Gox Legal, spoke about the reason it would take a long time for the Mt. Gox’s civil rehabilitation process to settle.
2019-4-15 19:30 | |
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The QuadrigaCX case may have been recommended for bankruptcy proceedings, but it looks like there is still much left to their tale to unfold. To give a little background for anyone that has not followed along so far, the ability to withdraw from this exchange has been a concern since early 2018. However, when Gerald […]
2019-4-12 03:16 | |
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It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million.
2019-4-10 17:39 | |
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QuadrigaCX, the now-defunct Canadian bitcoin trading platform and cryptocurrency exchange, has officially commenced bankruptcy proceedings following approval by Nova Scotia Supreme Court Justice, Michael Wood, according to a CBC report published April 8, 2019.
2019-4-9 15:00 | |
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Canadian crypto exchange QuadrigaCX has filed for bankruptcy as the attempt to restructure the company has failed. The move was approved Monday by a Nova Scotia judge, the country’s national broadcaster reported.
2019-4-9 14:46 | |
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QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected death of its founder, is moving into bankruptcy proceedings. The company’s request to move into bankruptcy was approved by a Canadian Supreme Court yesterday.
2019-4-9 11:55 | |
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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.
2019-4-4 09:00 | |
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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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QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
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The Swiss Financial Market Authority (FINMA) has stated that a crypto firm that accepted around US$90. 5 million in deposits from more than 37,000 individual investors did so illegally. The company in question, Envion AG, is currently undergoing liquidation proceedings by the Zug bankruptcy authority.
2019-3-28 00:00 | |
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The Swiss Financial Market Supervisory Authority (FINMA) said on March 27, 2019, that Envion AG’s ICO failed to follow the law when it took money from investors during its fundraising. A court in Zug has also opened bankruptcy proceedings against the company over organizational shortcomings.
2019-3-27 06:00 | |
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Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX.
2019-2-6 23:12 | |
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Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.
2018-12-13 21:15 | |
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Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and 24,658 BTC. The trustee is now working on “the preparation of a rehabilitation plan” to repay monetary claims against the defunct exchange.
2018-9-26 23:15 | |
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A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt.
2018-9-25 19:54 | |
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The Japanese trustee for Mt. Gox has sold cryptos worth $230 million since March as part of the collapsed exchange's bankruptcy proceedings.
2018-9-25 17:11 | |
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The floodgates have opened for victims of the long-running Mt. Gox saga, which involves over a billion dollars in lost cryptocurrency. Almost five years later, claims can finally be made to have the stolen money returned.
2018-8-24 13:29 | |
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The defunct cryptocurrency exchange Mt Gox that became a victim of a massive Bitcoin hack in 2014, has been ordered by the Tokyo District Court to start paying its customers back. The losses will be paid back entirely in Bitcoin.
2018-7-2 07:34 | |
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The Tokyo District Court on Friday, June 24, stopped Mt. Gox’s bankruptcy proceedings and ordered the commencement of the civil rehabilitation proceedings. The civil rehabilitation proceedings will ensure that Mt.
2018-6-26 14:49 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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The Tokyo District Court has issued an order of the commencement of civil rehabilitation proceedings for Mt. Gox. As a result, the previously ongoing bankruptcy proceedings have been worked upon. Simultaneously with the order of the commencement of civil rehabilitation proceedings, an administration order was issued by the Tokyo District Court, today! Mt. Gox Creditors […]
2018-6-23 11:57 | |
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In what is likely to be good news for its many creditors, Mt. Gox, the defunct Bitcoin exchange platform, is set to halt bankruptcy proceedings as it moves into civil rehabilitation. Mt. Gox achieved “crypto-infamy” in 2014 when it declared bankruptcy.
2018-6-23 22:58 | |
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The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.
2018-6-23 19:39 | |
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Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation
2018-6-22 17:53 | |
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Mt. Gox's bankruptcy proceedings have been halted and its bitcoin holdings could soon be distributed to creditors seeking reimbursement.
2018-6-22 16:48 | |
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News Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 03:12 | |
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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 01:20 | |
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SpaceX acquires xAI as Musk pitches orbital AI data centers while reports flag mid June IPO talks targeting a $1.5 trillion valuation. The post SpaceX acquires xAI as Musk pitches orbital data centers ahead of $1 trillion IPO appeared first on Crypto Briefing.
Dakota's platform could revolutionize global fintech by simplifying compliance and enabling seamless integration of stablecoins in financial services. The post Ex-Coinbase, Airbnb execs launch programmable stablecoin platform for fintechs, enterprises appeared first on Crypto Briefing.
Coinbase tests USDF stablecoin on exchange backend, an early step in its broader digital dollar strategy amid growing stablecoin adoption. The post Coinbase begins backend testing of new USDF stablecoin appeared first on Crypto Briefing.
Grayscale Bitcoin ETF debuts on Morgan Stanley E*TRADE, enhancing access for advisors and clients, signaling Bitcoin adoption growth. The post Grayscale Bitcoin Mini Trust ETF becomes available on Morgan Stanley E*TRADE platform appeared first on Crypto Briefing.
This partnership signifies a shift in retirement planning, integrating cryptocurrency exposure into traditional financial products, potentially broadening market appeal. The post BlackRock partners with Delaware Life to bring Bitcoin into fixed index annuities appeared first on Crypto Briefing.
Anchorage Digital's fundraising and potential IPO could significantly impact the competitive landscape of crypto financial services. The post Anchorage Digital looks to raise up to $400M ahead of potential 2027 IPO appeared first on Crypto Briefing.
Interactive Brokers now accepts USDC for 24/7 funding via Ethereum, Solana, and Base, with RLUSD and PYUSD coming next week. The post Interactive Brokers adds USDC funding, with Ripple and PayPal stablecoin support next week appeared first on Crypto Briefing.