U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return approximately $3 billion in cash and crypto to its creditors. This ruling…
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Bankrupt crypto lender – Voyager – is slowly working towards making customers whole. Voyager held nearly $413 million in multiple crypto-assets at one point. However, since enabling withdrawals to users on June 23rd,…
Embattled crypto venture firm Three Arrows Capital (3AC) has returned under a new guise. The new iteration, called 3AC Ventures, was announced by bankruptcy claims exchange OPNX stirring a response from the crypto…
Bankrupt lending platform Celsius Network LLC has announced that it has selected a proposal by Fahrenheit as the winning bid to lead the company out of bankruptcy, according to reporting by Reuters. Celsius,…
Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on…
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Leading crypto brokerage firm FalconX revealed that roughly 18% of its funds are stuck on the bankrupt crypto exchange FTX. According to the firm’s December 8 press statement, its financial position remains strong…
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