Tag: bankruptcy

Update on Creditor Reimbursement Plan from Voyager Digital

An update for creditors has been released by Voyager Digital. On May 4, 2023, the company tweeted that they might be able to anticipate...

SVB Financial Group Declares Insolvency Under Chapter 11

Troubled To protect its assets, SVB Financial Group voluntarily petitioned the US Bankruptcy judicial for a Chapter 11 reorganization under judicial supervision. The funds of...

Officials of the State Advocate for an Independent Examiner in FTX Bankruptcy

In order to increase openness on the assets of the defunct cryptocurrency exchange, representatives from more than a dozen states are requesting that a...

Genesis ‘Sloppy’ Bankruptcy Filing is Criticized by Cumberland and Mirana Ventures

Genesis Global's bankruptcy filing was criticized for being inaccurate by the cryptocurrency trading firm Cumberland and the investment firm Mirana Ventures, who called it...

FTX Uncovers $5 Billion in Cash and Liquid Cryptocurrency, Considers Sale

Two months after the ailing cryptocurrency exchange sought bankruptcy protection, FTX's new management claims to have found $5 billion in cash, liquid cryptocurrencies, and...

Judge Authorises the Application of Independent Examiner in the Bankruptcy Case of Crypto Lender Celsius

A federal judge has granted a request for the U.S. Trustee's office to appoint an impartial examiner to look into the financial management of...

Days after stopping withdrawals, Zipmex seeks for bankruptcy protection

A business update issued on Wednesday claims that Zipmex has filed for bankruptcy. The information comes shortly after the Thailand-based cryptocurrency exchange abruptly stopped...