Bankruptcy


Политика

BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says

The litigation supporting claims against the bankrupt crypto lender's commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.

(Pixabay)

Политика

BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

A further $375 million that users tried to transfer out of interest-bearing accounts after Nov. 10 still belongs to the estate, Bankruptcy Judge Michael Kaplan said

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Финансы

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

The Internal Revenue Service has shared the form that U.S. taxpayers will be using soon to report their crypto gains. (Shutterstock)

Политика

Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says

The company filed for bankruptcy protection earlier this week, but says no customer funds were re-used and that liabilities meet assets

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Политика

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments, due in May.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Политика

Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some Users, EY Says

EY will make the procedure to file the claims public in the coming weeks,

Quadriga Fintech Solutions CEO and founder Gerald William Cotten (Quadriga CX)

Политика

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

Bittrex already announced its intention to exit the U.S., but also faces an SEC enforcement action.

Bittrex filed for bankruptcy in the U.S. (Marco Verch/Flickr)

Политика

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

Voyager’s creditors will recover an estimated 36% of their assets – a far smaller slice of the pie than they would have received if the platform’s sale to FTX or Binance US went through.

Right after Voyager CEO Stephen Ehrlich received a letter this week from U.S. regulators accusing his company of misleading customers, the FDIC issued a broader warning to banks to not let it happen again. (Joe Raedle/Getty Images)

Политика

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

There will be a hearing on May 25 to discuss the motion by the FTX estate.

(Danny Nelson/CoinDesk)

Политика

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

Alex Mashinsky (CoinDesk)