Tag: Trustee
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PayPal’s PYUSD Stablecoin Now Accessible on Venmo for Select Users
PayPal-operated peer-to-peer mobile payments platform Venmo has announced that it is now offering the PayPal USD stablecoin (PYUSD) to selected users, with a full...
Mt. Gox Trustee Moves Repayment Deadline to October 2024
The Trustee for the defunct crypto exchange had delayed the deadline for repayments by one year. Photo by Kanchanara...
FTX bolsters claims portal security measures following cyber breach
Bankrupt cryptocurrency exchange FTX has restored its customer claims portal with tighter security protocols, which was previously shut down due to a cyber attack....
FTX Asks Court to Allow Conversion of Assets into Fiat Currency – CryptoCurrencyWire
The insolvent cryptocurrency exchange, FTX, is actively exploring avenues to rejuvenate its operations and settle its debts. Recent court documents reveal its intention to...
FTX Gets Go-Ahead to Sell Crypto Assets, And No, It Does Not Spell Doom for Solana, Bitcoin, Ether, XRP
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With Sam Bankman-Fried’s trial to begin in October, another hot topic in the FTX drama is making headlines. FTX lawyers...
FTX Gets Court Approval to Sell Crypto Holdings Worth $3.4 Billion
The judge overseeing FTX’s bankruptcy proceedings overruled two objections and approved the exchange’s motion to sell the crypto in its possession. ...
FTX Granted Permission to Sell $3.4B in Crypto Holdings by US Court
In a significant development, the U.S. Bankruptcy Court for
the District of Delaware has granted crypto exchange FTX permission to sell,
invest, and hedge its crypto...
FTX Modifies Bitcoin And Crypto Sale Proposal Last Minute
In a recent court filing, FTX, the crypto exchange currently navigating bankruptcy, has made last-minute adjustments to its proposal concerning the sale of its...
FTX Amends Proposal to Sell Billions in Crypto Assets
Lawyers overseeing FTX’s bankruptcy proceedings said it would notify the U.S. Trustee on weekly increases in its planned sale of crypto. ...
US Trustee Objects to FTX’s Plans to Sell, Stake and Hedge its Digital Assets
The DOJ’s representative in FTX’s bankruptcy proceedings pushes back on the company’s strategy for selling its over $3 billion in crypto holdings. ...
Mitsubishi bank teams up with Ginco to tackle crypto taxation in Japan
One of Japan’s major banks, the Mizuho Financial Group, will join Mitsubishi UFJ Financial Group (MUFG) in its stablecoin issuance platform that remains under...
Coinbase Announces Interim Results and Extension and Upsizing of Cash Tender Offer for its Outstanding 3.625% Senior Notes Due 2031
Remote-First-Company/SAN DIEGO–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) today announced interim results of its previously announced offer to purchase for cash (the “Tender...
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