2024-5-21 08:47 |
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim
Similar to Notcoin - Blum - Airdrops In 2024
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GBTC's recent outflows are likely due to Genesis Trading's liquidation of $2.1B in Bitcoin to settle with Gemini Earn users.
2024-4-8 06:21 | |
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GBTC's recent outflows are likely due to Genesis Trading's liquidation of $2.1B in Bitcoin to settle with Gemini Earn users.
2024-4-7 06:21 | |
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London-based boutique distressed asset trading firm Attestor Ltd. experienced a significant bonanza as the value of crypto assets purchased from Sam Bankman-Fried’s FTX crypto exchange soared.
2024-3-19 02:00 | |
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FTX Trading Ltd has reached a settlement with its Bahamas subsidiary, FTX Digital Markets, over bankruptcy proceedings. The settlement, which still requires court approval, aims to ensure equal distribution of funds to FTX customers.
2023-12-20 20:44 | |
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Bittrex Global, a major player in the cryptocurrency exchanges realm, just announced its decision to wind down operations. The move follows the closure of its US arm, Bittrex. US, which filed for bankruptcy in May before making the painful decision to wind down in March.
2023-11-21 12:59 | |
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All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations.
2023-11-21 12:05 | |
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Multiple FBI offices have received data on FTX customer accounts from Alvarez & Marsal, a law firm advising the now-defunct crypto exchange under bankruptcy administrators led by litigation veteran John Ray III.
2023-11-4 20:56 | |
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FTX, overcoming a bankruptcy ordeal shadowed by fraud allegations, is amidst negotiations with three bidders to rekindle its once bustling crypto trading platform, aiming for a decisive plan by mid-December.
2023-10-25 22:40 | |
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Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX.
2023-10-13 20:01 | |
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Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations. Bloomberg has revealed that the CFTC’s enforcement division staff conducted a probe into Ehrlich’s conduct, concluding that he misled customers regarding the safety of their assets. Voyager Co-founder Found In […]
2023-10-7 01:00 | |
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The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct.
2023-10-7 19:40 | |
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Genesis Global Trading, an affiliate of Digital Currency Group, is discontinuing its global trading services due to business reasons and bankruptcy filing by a related entity, Genesis Global Holdco.
2023-9-15 12:30 | |
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Genesis Global Trading, an affiliate of Digital Currency Group (DCG), plans to cease its crypto spot trading operations this month due to undisclosed “business reasons.” This voluntary decision stems from a series of business considerations and follows the January bankruptcy…
2023-9-6 13:49 | |
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Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay back its creditors. Genesis’ parent company DCG came to its rescue and reached an in-principle agreement with creditors.
2023-9-6 21:04 | |
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FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judge John T. Dorsey of the U. S. Bankruptcy Court for the District of Delaware. Thursday, Aug. 23, FTX bankruptcy hearing.
2023-8-22 11:09 | |
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FTX Trading Ltd. has filed a revised motion seeking bankruptcy court approval of streamlined procedures to settle small claims against the bankrupt cryptocurrency exchange. In the filing with the U.
2023-8-21 17:00 | |
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Open Exchange (OPNX), a platform for crypto claims trading, has submitted an offer to take over troubled crypto lender Hodlnaut, Bloomberg reported on August 6. Hodlnaut filed for bankruptcy protection last August and its restructuring is now being supervised by a Singapore court.
2023-8-6 19:14 | |
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The Grayscale Bitcoin Trust (GBTC) has been on an uncertain journey over the last year as crypto headwinds have fluctuated. This was a result of the uncertainty triggered by the Genesis Trading bankruptcy, a company under the same Digital Currency Group (DCG) umbrella, of which the GBTC is a part. However, the trust has done […]
2023-7-12 02:30 | |
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Commodity Futures Trading Commission (CFTC) investigators have reportedly found that crypto lending platform Celsius Network violated US regulations before bankruptcy. These violations also implicated the firm’s former CEO, Alex Mashinsky, as reported by Bloomberg.
2023-7-6 10:54 | |
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The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies.
2023-7-4 23:31 | |
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Julia Leung Fung-yee said incorporating virtual assets into the regulatory system was crucial after FTX’s bankruptcy.
2023-6-25 19:46 | |
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Genesis Capital filed an updated reorganization plan on June 13, days after the bankruptcy court extended mediation talks with relevant stakeholders to August 2. It is an updated version of the initial wind-up plan submitted by the collapsed crypto lender in January as part of its bankruptcy proceedings.
2023-6-14 22:14 | |
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OPNX attempts to boost trading volumes through new OX token amid limited tokenized bankruptcy claims. The post OPNX Launches Native OX Token Despite Limited Tokenized Claims appeared first on BeInCrypto.
2023-6-1 19:15 | |
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Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.
2023-6-1 12:11 | |
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Cryptocurrency exchange FTX, currently undergoing bankruptcy proceedings, has taken legal action against its former CEO, Sam Bankman-Fried, and other individuals involved in the acquisition of the stock trading platform Embed.
2023-5-19 12:22 | |
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Bittrex, a cryptocurrency trading platform, has filed for Chapter 11 bankruptcy in the District of Delaware. In April, the SEC charged the company and its co-founder and former CEO, William ShiThe post Bittrex files for Chapter 11 bankruptcy following SEC enforcement, more inside appeared first on AMBCrypto.
2023-5-9 12:30 | |
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Coinspeaker FTX Officials Seek to Recover Over $3. 88B from DCG-backed Genesis Global The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection.
2023-5-5 19:09 | |
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Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.
2023-4-11 16:00 | |
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The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2023 as it continues to close the gap on its unusually deep discount in December 2022.
2023-4-7 02:00 | |
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The recently launched OPNX, a bankruptcy claims exchange platform co-founded by former Three Arrows Capital executives, experiences minimal trading volume, raising questions about its customer acquisition strategy and market demand.
2023-4-6 19:34 | |
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Bankruptcy claims exchange OPNX has struggled in terms of trading volume one day after it went live, the exchange's native token, FLEX, is is down by 26% in the past 24-hours.
2023-4-5 17:39 | |
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Coinspeaker Founders of Three Arrows Capital Open New Crypto Exchange OPNX The OPNX crypto exchange will allow trading of bankruptcy claims and adopts CoinFlex's native crypto FLEX. Founders of Three Arrows Capital Open New Crypto Exchange OPNX
2023-4-5 14:28 | |
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Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risks Analysis shows 63% of crypto daily trading volume is currently on 7 of the largest crypto exchanges that integrate OES solutions.
2023-3-30 00:13 | |
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FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing.
2023-2-24 12:45 | |
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Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms.
2023-2-11 01:22 | |
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3AC co-founder Su Zhu today announced the launch of a new bankruptcy claims trading marketplace. The post 3AC Co-Founder Launches New Platform for Trading Bankruptcy Claims appeared first on BeInCrypto.
2023-2-10 00:27 | |
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Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC.
2023-2-10 20:50 | |
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Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Trading.
2023-2-9 19:39 | |
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Alameda Research, the cryptocurrency trading firm that filed for bankruptcy in November, continues to record active transactions, with a $2 million withdrawal recently being recorded by the crypto analytics platform Arkham Intelligence.
2023-2-8 17:45 | |
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Alameda Research filed for Chapter 11 bankruptcy in November. The defunct Sam Bankman-Fried’s crypto trading house filed for bankruptcy alongside FTX and other affiliated firms. Wallets linked to the firm have suddenly resurrected and transferred millions of FTT tokens.
2023-2-9 16:46 | |
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Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […] The post Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care appeared first on CoinJournal.
2023-2-7 16:30 | |
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Defunct crypto trading firm Alameda Research – one arm of FTX founder Sam Bankman-Fried's former empire – wants to regain around $446 million transferred to bankrupt lender Voyager Digital prior to Alameda's own bankruptcy filing, a new lawsuit says.
2023-1-31 02:41 | |
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The insolvency of Genesis Trading and the related uncertainty about the future of Digital Currency Group (DCG) and Grayscale have not really dampened the mood on the Bitcoin market in recent weeks. Genesis’ bankruptcy filing, which was announced last Thursday, seems to have already been priced in by investors.
2023-1-24 13:40 | |
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Genesis Global Holding Corporation has officially filed for chapter 11 bankruptcy. The trading and lending subsidiary of Digital Currency Group submitted filings late Thursday night at the New York Southern District Bankruptcy Court, bringing the toll of top-tier bankrupt crypto companies to 10.
2023-1-22 14:42 | |
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About $125 million was sent to exchanges in the run-up to Genesis’ lending division filing for Chapter 11, and more was moved the next day.
2023-1-24 02:33 | |
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About $125 million was sent to exchanges in the run-up to Genesis’ lending division filing for Chapter 11, and more was moved the next day.
2023-1-21 02:33 | |
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Bitcoin was hovering near $21,100 Thursday in afternoon trading. Genesis’ looming bankruptcy filing and the crypto industry’s other recent travails should be priced in, one analyst said.
2023-1-20 00:52 | |
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According to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive is exploring options to re-launch the trading venue and raise money to repay its customers.
2023-1-20 19:44 | |
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Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down.
2023-1-19 01:06 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Bullish acquires CoinDesk, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair.
Crypto exchange Bullish has acquired CoinDesk, a crypto publication, from its financially troubled parent company, the Digital Currency Group. The post This Crypto Exchange Acquired Crypto Media Company CoinDesk: Report appeared first on BeInCrypto.
The Digital Currency Group has hired former Trump impeachment lawyer to defend itself against the New York Attorney General's (NYAG) $1.1 billion lawsuit. The post DCG Hires Trump Former Attorney to Fight NY Lawsuit appeared first on BeInCrypto.
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery."
Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14.
New York Attorney General Letitia James has reportedly launched an investigation into Digital Currency Group (DCG), the parent company of Genesis, a cryptocurrency firm that has been facing financial troubles.