DCG’s Crypto Media CoinDesk is Up For Grabs
The chief executive of the media company CoinDesk said on January 18 that the company is mulling over the possibility of selling all or part...
Tag : bankruptcy
Collapsed FTX Exchange to Resume Salary Payments for Some Employees
The embattled FTX.com cryptocurrency exchange and around 101 of its other related firms made the formal announcement on Monday that most of the FTX subsidiaries...
Alameda Reportedly Withdrew $204M From FTX US Days Before Exchange Collapsed
Alameda Research allegedly withdrew a wide amount of cash from FTX US, FTX crypto exchange’s US affiliate, a few days before the crypto company declared...
Genesis Crypto Lender Hires a Restructuring Adviser to Avoid Bankruptcy
The cryptocurrency lender, Genesis Global Capital has hired investment bank Moelis & Company to consider alternatives including a potential bankruptcy, according to the New York...
Nuri Crypto Bank Warns Users to Withdraw Funds Before it Shuts Down
Nuri, a German crypto bank with over 500,000 customers, is closing down as it was unable to find a purchaser after filing for insolvency in...
Some Celsius Users are Likely to Get Back their Money as the Company Files to Reopen Withdrawals
The insolvent cryptocurrency lender, Celsius Network Ltd., is attempting to return coins to a small number of users who are blocked out of their accounts,...
Zipmex Crypto Platform seeks Bankruptcy Protection in Singapore
The Southeast Asia-focused cryptocurrency exchange Zipmex has become the most recent sufferer of the global decline in digital currencies, as it revealed that it had...
Celsius Accumulates a Debt of US$4,720 Million with its Users
Troubled crypto lending platform Celsius has accumulated a total debt of US4,720 million with its users, according to a 61-page document made public in support...