The defunct cryptocurrency exchange Mt. Gox has started distributing Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors as part of its rehabilitation plan. An update from the MtGoxBalanceBot account on X revealed that the Mt. Gox Trustee has already…
Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to a tweet by…
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…
Key Takeaways Creditors of Mt. Gox are receiving emails for identity verification and account confirmation for BTC and BCH repayments. Some crypto exchanges, like Bitstamp and Kraken, are accommodating Mt. Gox-related customers, ensuring…
Celsius, the platform whose bankruptcy plan was finally approved late last year, has recently lashed out at former clients who cashed out before the company had the opportunity to freeze their funds. Bold…
Hodlnaut, a crypto lending platform that went under due to crypto winter, has been under judicial management since August 2022. This decision shielded the firm from lawsuits that it would have had to…
Representatives for Voyager’s Unsecured Creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and a number of top-level executives from FTX and Alameda Research, provide documents and appear in court remotely next…
The plan would see the sale of Genesis alongside other measures in a deal reached with DCG and Gemini Trust Co. Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement…
Top Stories This Week FTX creditor list shows airlines, charities and tech firms caught in collapse The complete list of creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing…