Hodlnaut Creditors Want Liquidation, Spurning Management’s Restructuring Solution

Hodlnaut Creditors Want Liquidation, Spurning Management’s Restructuring Solution

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…

Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court

Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court

Singapore’s lower division of the Supreme Court approved Zipmex’s pre-packaged plan to restructure some of its operations and thus enable customers to receive portions of their deposits. The Thai-based crypto exchange suspended clients’…

Disney Scraps Metaverse Division as Part of Restructuring Plan: Report

Disney Scraps Metaverse Division as Part of Restructuring Plan: Report

Walt Disney has knocked metaverse plans off its priority list. The entertainment giant’s “next-generation storytelling and consumer experiences” division had been tasked with exploring metaverse strategies. But now Disney is eliminating the entire division…

97% of Voyager Users Support Binance.US Restructuring Plan

97% of Voyager Users Support Binance.US Restructuring Plan

Voyager claims its customers overwhelmingly voted in favor of Binance.US restructuring plan ahead of bankruptcy hearing on Thursday. On February 28th, a bankrupt crypto lender Voyager Digital revealed that its restricting plan had…

Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors

Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors

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…

Auros Global expects to resume regular operations following restructuring plan

Auros Global expects to resume regular operations following restructuring plan

Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan. …

Celsius to File Its Restructuring Plan Until February 15th

Celsius to File Its Restructuring Plan Until February 15th

The Bankruptcy Court gave Celsius until February 15, 2023, to file its Chapter 11 restructuring plan. Celsius, a bankrupt crypto lender established in 2017, has received a new deadline to file for its…

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