Search Results for "bankruptcy"
Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.
Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors
Sam Bankman-Fried may still use non-encrypted texting and phone services, save WhatsApp, which he can use under supervision.
FTX Future Fund Shut Down Following Exchange's Collapse
FTX Future Fund, the philanthropic arm of FTX exchange, has shut down following the exchange's collapse in November 2022. The fund had pledged $1 billion in donations toward research academics across prestigious universities, but the team behind the project resigned after FTX filed for bankruptcy. Many scholars and researchers who were early recipients of the grant are now stuck in limbo over payment of further grants for their programs.
Celsius Network Petitions Court to Consult Former CFO Rod Bolger
Crypto lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer for resuming consultation.
Coin Cloud Customer Data and Source Code Allegedly Stolen
Coin Cloud, a cryptocurrency ATM provider, has suffered a data breach involving 70,000 customer selfies and 300,000 PII stolen, highlighting the need for improved security measures in the cryptocurrency sector.
Three Arrows Capital Files for Chapter 15 Bankruptcy in the US
The embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in the U.S. as it looks to preserve its assets in the State.
Voyager Digital Executives Threatened by Clients, Revealed in Bankruptcy Hearing
Senior executives of crypto broker Voyager Digital and their families were reportedly threatened by their clients, a court in Manhattan revealed.
Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.
Thai Regulator Files Charges Against Zipmex Executives
The Thailand offshoot of the beleaguered digital assets platform Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC).
FTX investors file class-action suit against Sequoia
FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer.
Prime Trust Files for Chapter 11 Bankruptcy
Prime Trust, LLC filed for Chapter 11 bankruptcy on August 14, 2023, following financial difficulties, a cease and desist order, and a terminated acquisition deal with BitGo.