Tag: debtors
Currencycloud and Finyoz Partner for Enhanced Supply Chain Financing
Finyoz, the lendtech platform specializing in
short-term invoice financing, has joined forces with Currencycloud, a service
provider in simplifying business transactions across multiple currencies. This
strategic partnership...
DCG files objection to Genesis, NYAG settlement
Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s...
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that...
FTX Plans To Sell Digital Custody Inc to CoinList for $500,000 After Acquiring the Firm for $10,000,000 – The Daily Hodl
Bankrupt crypto exchange FTX is planning on selling one of its subsidiaries, Digital Custody, Inc. (DCI), to CoinList at a massive discount.
New court documents...
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9.The NYAG’s lawsuit...
FTX Seeks Bankruptcy Court Approval to Sell $1.4 Billion Stake in AI Startup Anthropic – Unchained
The bankrupt crypto exchange could repay creditors and customers from proceeds of selling the 8% stake. Selling its stake...
FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings
FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from...
Investree Plans Major Restructuring After CEO Adrian Gunadi’s Resignation – Fintech Singapore
Investree, a peer-to-peer (P2P) lending fintech platform in Indonesia, has announced plans for a significant restructuring process to support its debtors who are facing...
FTX Bankruptcy Says Customers Will Get 100% Of Their Money Back
Defunct crypto exchange FTX expects to pay its customers and creditors back “in full” after the company’s collapse over a year ago left...
FTX Trading Arm Alameda Research Drops its Lawsuit Against Grayscale: Report – The Daily Hodl
Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale.
Last March, debtors of the...
FTX Liquidated Nearly $1 Billion In Grayscale Bitcoin Trust Shares, Report Indicates – CryptoInfoNet
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The collapsed digital currency exchange FTX has disposed of shares estimated at nearly one billion dollars from Grayscale’s GBTC fund...
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...
Celsius Threatens to Sue Creditors Who Withdrew Funds Before Collapse
Celsius, the platform whose bankruptcy plan was finally approved late last year, has recently lashed out at former clients who cashed out before...
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