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Tag: reorganization

U.S. cryptocurrency lender BlockFi files for Chapter 11 bankruptcy, will lay off about 200 staff

Cryptocurrency lender BlockFi Inc. and eight of its affiliates have filed for Chapter 11 bankruptcy reorganization in the U.S. District of New Jersey, the...

BlockFi Files For Chapter 11 Bankruptcy Protection

Another crypto company has recently fallen victim to the FTX contagion. As reported by Reuters, BlockFi, a cryptocurrency lender and financial services firm filed...

Crypto Trading Firm ‘Hayvn’ Plans Bidding For Acquiring FTX Pay

9 seconds ago | 2 mins read Exchange News Executives at Hayvn believe FTX...

Sam Bankman-Fried could face decades in jail if convicted of law violations in FTX collapse, lawyers say

Sam Bankman-Fried, founder and former chief executive officer of failed cryptocurrency exchange FTX, could face more than 20 years in prison depending on the...

Bankruptcy Court Sets Deadline for Celsius Users to File Claims

The US Bankruptcy Court of the Southern District of New York approved crypto lender Celsius’ motion for a deadline for customers to file...

Breaking!! Here’s How Celsius Customers Can Submit A Proof Of Claim

Celsius’s Bankruptcy CrisisCelsius was a fintech platform that provides borrowing, digital and fiat payments, and interest-bearing savings accounts. In June 2022, it filed for bankruptcy....

Market Analysis Report (21 Nov 2022)

Embattled cryptocurrency exchange FTX has said it owes almost $3.1 billion to its 50 largest creditors, and around $1.45 billion to its top 10...

FTX funds on the move as thief converts thousands of ETH into Bitcoin

According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20,...

Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next

Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation.Data from on-chain analytics platform CryptoQuant...

Christensen Under Fire After MakerDAO Members Vote for His Reorganization Plan

Christensen Tells The Defiant the Endgame Plan Will ‘Overcome Fundamental Challenge’

Goldman Sachs to undergo reorganization

By Paul R. La Monica, CNN Business Goldman Sachs announced a major reorganization Tuesday as the Wall Street powerhouse grapples with market volatility. Goldman Sachs (GS) announced Tuesday morning...

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