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Tag: Chapter 11

Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific,...

Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection – The Daily Hodl

Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary petition to the U.S. Bankruptcy...

Core Scientific, Inc. Releases Webcast and Presentation with Updates on Chapter 11 Emergence

AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions,...

Terraform Labs Seeks U.S. bankruptcy shield

Terraform Labs, the Singapore-based company behind the Terra blockchain and its native cryptocurrency LUNA, has filed for Chapter 11 bankruptcy protection in the United...

Terraform Labs Files For U.S. Bankruptcy – The Defiant

The firm behind the ill-fated UST stablecoin said the filing is “a strategic step” that will enable it to continue its operations.Terraform Labs, the...

Terraform Labs Files for Chapter 11 Bankrupty in Delaware – Decrypt

Terraform Labs, the company behind the LUNA and TerraUSD (UST) cryptocurrencies, has filed for voluntary Chapter 11 bankruptcy in Delaware.In its January 21 filing...

Terraform Labs Files for Chapter 11 Bankruptcy in the US – Unchained

The company behind the collapsed TerraUSD (UST) stablecoin has filed for bankruptcy protection in the US, listing both its assets and liabilities in...

Appeals Court Orders Appointment of Examiner for FTX

The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by...

The Crypto Roundup: 17 January 2024 | CryptoCompare.com

Prominent Bitcoin mining firm Core Scientific has successfully navigated crypto winter and received the green light for its Chapter 11 reorganization plans from the...

Core Scientific, Inc. Announces Final Results of Oversubscribed $55 Million Equity Rights Offering

Strong demand from existing shareholders reflects support for the Company’s emergence and strategy AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or the...

DCG Announces Successful Repayment of Genesis’ Loans, Clears $1B Debt

The Digital Currency Group (DCG) has announced completing a payoff of all short-term loans from its bankrupt subsidiary Genesis, according to...

DCG completes repayment of $700 million Genesis debt

Digital Currency Group (DCG) has announced the successful settlement of approximately $700 million in short-term loans owed to now-defunct crypto lending platform Genesis.The settlement...

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